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10 Cool Tech Startups That Raised Funding In June 2020

Big-data and security innovators were among the startups that hauled in funding rounds in June.

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Area 1 Security

Headquarters: Redwood City, Calif.

CEO: Patrick Sweeney

Funding: $25 million

Investors: ForgePoint Capital (led the round), Kleiner Perkins, Icon Ventures, Top Tier Capital

What Area 1 Security does: Offers email security solutions that preemptively stop threats including Business Email Compromise, malware, ransomware and targeted phishing attacks

CEO Quote: “Email security is fundamentally broken, with phishing attacks consistently breaching defenses, leading to significant business losses for organizations large and small. The simple fact is that 95 percent of breaches begin with a phish disguised as an innocuous email. By focusing on the earliest stages of an attack combined with the industry‘s leading small pattern analytics technology, Area 1 is uniquely able to bring preemption to email security. We stop phishing campaigns prior to their inflicting damage.”

 
 
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