NEW YORK (October 9, 2024) – HUMAN Security, Inc., known for its pioneering in cybersecurity, has recently secured $50 million in growth funding. The latest financing round was organized by WestCap, capital market firms Zigzag’s advanced contributions from Goldman Sachs, ClearSky, NightDragon, and Vertex Ventures.
These funds are intended to increase the strengths of the HUMAN’s Human Defense Platform, which now processes 20 trillion digital interactions on an average every week, ensuring companies and consumers are protected from bots, fraud, and other forms of digital threats.
HUMAN has presented its technology for obvious defense since its establishment in the year 2012 when cybersecurity was done at a simpler level. The fresh funds are designed to back the company’s engineering of AI technologies which matures digital account security, media protection, and account hijack protections.
This further development will also assist HUMAN in the continued efforts to maintain the protection of digital assets on the part of more than 500 global brands.
“From ad fraud and account takeover to account fraud and compliance, HUMAN has proven their platform can defend against most prolific threats on the internet today,”
Said Kevin Marcus, Partner, Co-COO, and Head of Strategic Operators at WestCap.
“HUMAN is uniquely positioned to protect the integrity of the digital world by bringing trust back into the equation in the fight against bots, fraud, and digital risks.”
CEO Stu Solomon emphasized the significance of this funding, stating, “With this investment, we will accelerate our leadership by delivering a platform that ensures every online interaction is authentic, secure, and human.”
Apart from corporate cybersecurity, HUMAN will expand its activities in the government sector by combating disinformation campaigns and enhancing the cybersecurity of the government’s digital assets.
This industry investment has come as a huge boost to the protection of not only private but also public digital assets.
Source: https://www.humansecurity.com/newsroom/platform-expansion-fuel-the-future-of-human
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