HUMAN: Cybersecurity Company Raises $50+ Million (Growth Capital)

By Amit Chowdhry • Oct 10, 2024

HUMAN Security – a leading cybersecurity company committed to safeguarding every step of the customer’s online journey by defending against bots, fraud, and digital risk – announced $50+ million in growth capital led by WestCap with additional investment from Goldman Sachs, ClearSky, NightDragon, and Vertex Ventures US to support its mission in protecting the integrity of the digital world by ensuring every online interaction, transaction, and connection is authentic, secure, and human.

Since 2012, HUMAN has invested heavily in developing a unified Human Defense Platform that verifies over 20 trillion digital interactions weekly, enabling 500+ global brands with unparalleled telemetry for rapid, real-time response to even the most sophisticated threats. And this latest funding round will further accelerate the platform’s growth by incorporating advanced AI techniques to enhance scale and efficacy, including improvements to digital account protections and new media security solutions for click fraud defense and advertising integrity for platforms, agencies, and brands.

This funding round will also deepen HUMAN’s engagement in the public sector, driving new use cases that enhance cybersecurity for government entities in response to the proliferation of influence operations. Further, investment and focus will be placed on unlocking the full platform power of HUMAN’s unique products and insights and strengthening capabilities across the customer journey.

In January 2024, HUMAN strengthened its leadership team by bringing on Stu Solomon, formerly the President of Recorded Future, as CEO to expand product use cases and elevate commercial and marketing efforts.

Building on the company’s history of leadership in the media security, the company expanded its relationship with LinkedIn to help detect and filter invalid traffic on LinkedIn and across its network of publishers.

The Human Defense Platform solves enterprise-wide pain points through its product offerings across the entire customer journey:

1.) Protects programmatic inventory from bots, fraud, malvertising, and ad quality violations, ensuring brand reputation and revenue by fostering a trusted buying experience.

2.) It protects against account takeover, scraping, transaction abuse, fake interactions, and client-side supply chain attacks by fostering a trusted application environment where users feel safe interacting and transacting.

3.) Protects accounts from automated credential stuffing and brute force account takeover attacks, fake accounts used by fraudsters to exploit platforms and services, and remediates accounts that have been compromised.

To augment the platform’s best-in-class technology, HUMAN’s Satori Threat Intelligence and Research Team continues to drive product enhancements by feeding the Human Defense Platform and engineering teams with new and emerging bot threats and orchestrating disruptions and takedowns across cybersecurity and ad fraud.

KEY QUOTES:

“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.”

-Kevin Marcus, Partner, Co-COO and Head of Strategic Operators at WestCap

“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. With this growth investment from WestCap, Goldman Sachs, ClearSky, NightDragon and Vertex Ventures US, we will accelerate our leadership position by delivering one powerful platform that ensures every interaction, transaction and connection is authentic, secure and trustworthy.”

-Stu Solomon, CEO of HUMAN

“As an investor, board member and strategic partner with HUMAN, NightDragon has had a front-row seat to the company’s strong growth and market position, as well as the clear differentiation its technology offers to stop online fraud and cybersecurity attacks at the source. HUMAN is tackling one of the internet’s most essential challenges today: maintaining the human touch in digital experiences, verifying impressions for fraud and digital risk while providing confidence for the business to transact and act upon those interactions in real-time.”

-Dave DeWalt, CEO and Founder, NightDragon

“HUMAN’s platform and its intelligent technology, fueled by uniquely scaled signal intelligence, helps its clients protect against a wide range of sophisticated modern threats and empowers them to make high-fidelity decisions. Following this growth investment in HUMAN, we look forward to working with them and our partners to accelerate HUMAN’s leadership across these new areas of investment.”

-Anthony Arnold, Managing Director at Goldman Sachs