April 5, 2017 by Hero
Smyte, the online security startup and Y Combinator graduate, has raised $4 million in Series A funding. The round was led by Avalon Ventures, with participation from new and existing investors, including Baseline Ventures, Founder Collective, Harrison Metal, Upside Partnership and Y Combinator. Smyte has now raised $6.25 million overall.
Smyte is a small team of experts in the areas of spam, fraud, and security. Smyte blends manual heuristics, machine learning and proprietary reputation data to help your trust and safety and risk teams proactively stop spam, fraud, harassment and account takeover.
Venture capital firms invested roughly $3.1 billion into a record 279 cybersecurity companies last year, according to research published by CB Insights. The largest single funding round for a cybersecurity firm in 2016 totaled $180 million and went to Dallas-based StackPath.
The name of brand Smyte it is a cool name that is play on the word smite. Smite meaning: strike with a firm blow. Some other startup names in this cybersecurity industry are Zimperium, SiftSecurity, SafeBreach, GreatHorn,
Flashpoint, Fhoosh, Claroty, AttackIQ and Acalvio. Some cyber security names we have for sale at DomainHero are ImpactDefense, SteadyPoint, DefendU, ShieldLabs and Cyfer.
Tags: Acalvio, AttackIQ, Avalon Ventures, Baseline Ventures, Claroty, Fhoosh, Flashpoint, Founder Collective, GreatHorn, Harrison Metal, SafeBreach, security, SiftSecurity, Smyte, StackPath, Upside Partnership, Y Combinator, Zimperium