Security distributor and sales accelerator, Progress Distribution, has added Inky to its portfolio of innovative cyber security technologies. This distribution agreement enables INKY to extend its global reach into the United Kingdom. INKY’s secure email gateway, INKY Phish Fence, uses a sophisticated three-pronged approach — computer vision, artificial intelligence, and machine learning — to combat Deep Sea phishing attacks that other legacy solutions cannot detect. INKY Phish Fence runs as a cloud service, analyzing every external and internal email for signs of phishing, spam, and malware.
INKY receives series A funding to enhance analytics capabilities of the software and expand sales and marketing. INKY Technology Corporation, the leading email security company based in Rockville, Maryland, announces today that ClearSky Security led the Series A round to invest $5.6 million to enhance analytics capabilities of the software and expand sales and marketing. Gula Tech Adventures also participated in the round, and Blackstone (NYSE:BX) has joined as a strategic investor. ClearSky Security Managing Director Peter Kuper has joined CEO/founder Dave Baggett, co-founder Simon Smith, and The Kroger Co. (NYSE: KR) CIO Chris Hjelm on the company’s board of directors.
INKY announces that INKY Phish Fence can now protect G Suite accounts from phishing with the INKY Phish Fence Chrome extension. INKY Phish Fence instantly analyzes a G Suite email and warns the user if there is anything suspicious, misleading or fraudulent about the email. Email-based phishing now dominates headlines, driving over a billion dollars a year of wire fraud and widespread identity theft. Uniquely, INKY Phish Fence marshals over two dozen machine learning algorithms to identify and block these new phishing strains, by examining headers, text, domain names, and imagery to spot forgeries that humans miss.