A $14 million Series B fundraising round was secured by Bolster, a Santa Clara, California-based firm that specializes in multi-channel phishing defense.
Investors
- M12
- Cervin Ventures
- Thomvest Ventures
- Crosslink Capital
- Liberty Global Ventures
- Transform Capital
- With this sponsorship, Bolster now has over $40 million in total funding.
Use of funds
The corporation plans to utilize the money to finance GTM programs that emphasize threat-hunting automation, executive monitoring, and the detection and containment of business email compromise (BEC) attacks.
About Bolster
By identifying, eliminating, and keeping an eye on phishing, fraud, and scam behavior on the internet, social media, app stores, and the dark web, Bolster seeks to make the internet a safer place. Using LLMs and a large structured phishing dataset, the company’s algorithm makes a decision in milliseconds, providing multi-channel phishing security at scale and with almost flawless accuracy.
Since 2017, Bolster has trained models on more over 100TB of structured data, including emails, URLs, domains, and natural language content, using AI and machine learning. In 2018, it founded CheckPhish, one of the most popular phish and scam detection websites online, with over 20% of the Fortune 500 listed as users.
