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PhishMe Acquired, Rebranded as Cofense in $400M Deal

Cofense is the new name for PhishMe, which was purchased by a private equity consortium.

PhishMe has rebranded under the name Cofense after being acquired by a private equity consortium, which valued the phishing defense company at $400 million.

The new brand signifies a broader approach to phishing defense, explains co-founder Aaron Higbee, who created the company with Rohyt Belani. Cofense plans to use its deeper financial backing to accelerate major product updates and grow its global presence in Europe and Asia.

Some things will stay the same, Higbee notes. Cofense will continue to give smaller organizations no-cost phishing tools including CBFree for employee training, email add-in Cofense Reporter, and PhishMe Free, a simulation tool for SMBs.

Read more details here.

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