2024 February 1
With multiple generative AI-driven product releases, a rapidly expanding customer base, and triple-digit year-over-year revenue growth, the enterprise email security leader is well-positioned to safeguard organizations against evolving cyber threats in the year ahead
IRONSCALES, the leading enterprise cloud email security platform protecting more than 13,000 global organizations, is celebrating the close of a momentous 2023. Punctuated by a three-year revenue growth of 451%*, 2023 for IRONSCALES was defined by the release of multiple AI-driven product releases, significant customer growth, several highly sought-after awards, and a series of strategic partnerships that have helped position the company for continued success throughout the year ahead.
As the industry’s only email security solution that combines cutting-edge, adaptive AI with community-sourced human insights, the successes amassed by IRONSCALES in 2023 are a testament to the efficacy of that integrated approach to cybersecurity.
In 2023, IRONSCALES unveiled several groundbreaking product innovations that leverage generative AI to combat the exponential rise in advanced phishing attacks. This new suite of AI-enabled capabilities was developed using a proprietary large language model (LLM), PhishLLM, as a foundation. As the first ICES vendor to develop its own proprietary LLM, IRONSCALES is uniquely positioned to develop and deploy these kinds of cutting-edge capabilities, including:
With these groundbreaking new product capabilities, IRONSCALES is working to reinforce the positive feedback loop between AI and human insights — creating an effective email security solution that’s far greater than the sum of its parts.
In 2023, IRONSCALES added several noteworthy names to its already expansive portfolio of customers — contributing a 60% increase to annual customer revenues from the previous year. For example, Chubb, the leading provider of fire safety and security solutions, selected IRONSCALES to replace their secure email gateway (SEG) in 2023. Ultimately, Chubb made the switch to help protect their organization from business email compromise (BEC) and VIP impersonation. Chubb serves over one million customer sites and protecting their customer data from cyber threats is a top priority.
Brazil’s largest financial and digital services provider, Paschoalotto, followed suit, replacing their SEG with the IRONSCALES platform after the organization saw a significant uptick in phishing attempts targeting their network this past year. Paschoalotto chose IRONSCALES for the protection the platform provides against more advanced phishing techniques, such as BEC, VIP impersonation, and account takeover (ATO).
IRONSCALES also enjoyed significant growth across the managed service provider (MSP) market in 2023 — culminating in their ranking as Category Leader in Email Security by the Channel Program. The coveted Category Leader badges are awarded based on direct feedback from MSPs, who share their authentic reviews and feedback on vendors’ products. IRONSCALES stood out among competitors, showcasing exceptional performance, innovation, and customer satisfaction. IRONSCALES was also awarded a 5-star rating in the 2023 CRN Partner Program Guide by The Channel Company.
Additionally, IRONSCALES announced its availability on the Amazon Web Services (AWS) Marketplace, an online store that makes it easy for customers to find, compare, and immediately start using the software and services that run on AWS. Customers can enjoy the simplified procurement and quick deployment that AWS Marketplace offers and immediately secure their cloud email environments.
Throughout the year, IRONSCALES continued to receive accolades from distinguished award programs:
“I am deeply appreciative of our exceptional partners and customers who have placed their trust in our capability to safeguard and educate their teams," said Eyal Benishti, CEO and founder of IRONSCALES. "Our primary focus is to empower global enterprises to remain at the forefront of cybersecurity. The innovative breakthroughs we achieved in 2023 are just the beginning of our journey. We aim to contribute to a safer world by offering the most cutting-edge email security platform available. Our distinct combination of AI-driven technology and expert human insight equips organizations with superior defense against the complexities of phishing attacks. Investing in our solutions is synonymous with investing in the future security of your organization."
* From being named to the 2023 Inc. 5000 Fastest Growing Private Companies list. For that award, revenue growth is calculated over a three-year period from 2019 to 2022.
IRONSCALES is the leader in AI-powered email security protecting over 13,000 global organizations from advanced phishing threats. As the pioneer of adaptive AI, we detect and remediate attacks like business email compromise (BEC), account takeovers (ATO), and zero-days that other solutions miss. By combining the power of AI and continuous human insights, we safeguard inboxes, unburden IT teams, and turn employees into a vital part of cyber defense across enterprises and managed service providers. IRONSCALES is headquartered in Atlanta, Georgia. To learn more, visit www.ironscales.com or follow us on X @IRONSCALES.