HUMAN Security secures $50+ million
HUMAN Security raises over $50 million to enhance its cybersecurity platform, protecting digital interactions from sophisticated threats.
HUMAN Security, a leading cybersecurity company, has announced a significant funding round of over $50 million to accelerate the growth and development of its Human Defense Platform. The investment, led by WestCap with additional contributions from Goldman Sachs, ClearSky, NightDragon, and Vertex Ventures US, aims to strengthen HUMAN's mission of safeguarding the integrity of the digital world.
The funding, announced on October 9, 2024, comes at a crucial time when digital threats are becoming increasingly sophisticated. HUMAN's platform, which verifies over 20 trillion digital interactions weekly, empowers more than 500 global brands with real-time threat response capabilities.
Key areas of investment include:
- Incorporating advanced AI techniques to enhance scale and efficacy
- Improving digital account protections
- Developing new media security solutions for click fraud defense and advertising integrity
- Deepening engagement in the public sector to combat influence operations
- Strengthening capabilities across the entire customer journey
In January 2024, HUMAN appointed Stu Solomon as CEO to expand product use cases and elevate commercial and marketing efforts. Under Solomon's leadership, the Human Defense Platform has gained significant recognition:
- Named a Leader in The Forrester Wave™: Bot Management Software, Q3 2024
- Ranked #1 vendor in G2's Summer 2024 and Fall 2024 Grid for Bot Detection and Mitigation solutions
Kevin Marcus, Partner, Co-COO, and Head of Strategic Operators at WestCap, emphasized HUMAN's unique position in protecting the digital world against prolific threats. Dave DeWalt, CEO and Founder of NightDragon, highlighted HUMAN's strong growth and market position, praising its differentiated technology for stopping online fraud and cybersecurity attacks at the source.
The Human Defense platform
HUMAN's platform addresses enterprise-wide challenges through various product offerings:
- Advertising Protection: Safeguards programmatic inventory from bots, fraud, and malvertising
- Application Protection: Defends against account takeover, scraping, and client-side supply chain attacks
- Account Protection: Prevents automated credential stuffing and fake account creation
Looking ahead
With this latest investment, HUMAN aims to accelerate its leadership position by delivering a powerful platform that ensures every digital interaction is authentic, secure, and trustworthy. The company's focus on protecting the entire digital commerce ecosystem globally positions it at the forefront of cybersecurity innovation.
Key Facts
- Funding amount: $50+ million
- Lead investor: WestCap
- Other investors: Goldman Sachs, ClearSky, NightDragon, Vertex Ventures US
- Announcement date: October 9, 2024
- Weekly digital interactions verified: Over 20 trillion
- Global brands empowered: 500+
- CEO appointment: Stu Solomon (January 2024)
- Market recognition: Leader in Forrester Wave™ Q3 2024, #1 in G2 Grid Summer and Fall 2024