HUMAN, a leading cybersecurity firm, announced today that it has secured over $50m in growth funding.
The investment round was spearheaded by WestCap, with significant contributions from Goldman Sachs, ClearSky, NightDragon, and Vertex Ventures US. This marks a significant step in HUMAN’s journey to safeguard the digital customer experience.
HUMAN specializes in protecting the integrity of the digital world, ensuring that every online interaction, transaction, and connection is genuine, secure, and human. The company’s Human Defense Platform actively defends against bots, fraud, and various digital risks by verifying over 20 trillion digital interactions each week.
The fresh injection of capital will be used to further develop HUMAN’s Human Defense Platform. The funding will help incorporate advanced AI technologies to enhance the platform’s scale and effectiveness, extend digital account protections, and introduce new media security solutions. These enhancements are aimed at defending against click fraud and ensuring advertising integrity across platforms, agencies, and brands. Moreover, the investment will deepen HUMAN’s engagement within the public sector, broadening its reach to counteract influence operations and other cyber threats.
Additional information highlighted the company’s efforts to expand its capabilities across the entire customer journey. HUMAN is uniquely positioned to address a wide array of cybersecurity challenges faced by enterprises today, from advertising protection to application and account security.
WestCap’s Partner, Co-COO, and Head of Strategic Operators, Kevin Marcus, expressed his confidence in HUMAN’s capabilities: “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. 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.”
The company also announced a strategic addition to its team in January 2024, appointing Stu Solomon as CEO. Under Solomon’s leadership, the Human Defense Platform has received critical acclaim, including top scores in nine categories in The Forrester Wave™: Bot Management Software, Q3 2024.
HUMAN CEO Stu Solomon remarked, “HUMAN stands at the forefront of cybersecurity, offering a unique approach to protecting the entire digital commerce ecosystem globally. From the moment digital ad content is served, through its publication and consumer engagement, to the critical account decision points, HUMAN offers real-time protection ensuring proactive detection and disruption of the most sophisticated threats.”
Previously, HUMAN has been recognized as a leader in bot detection and mitigation solutions by G2’s Summer 2024 Grid and Fall 2024 Grid.
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