Sublime Security Secures $60M in Series B

Sublime Security Secures $60M in Series B

Sublime Security, a Washington, D.C.-based AI-powered email security platform, has secured $60 million in Series B funding, bringing its total funding to $93.8 million.

The round was led by IVP, with participation from Citi Ventures and existing investors Index Ventures, Decibel Partners, and Slow Ventures.

Institutional Venture Partners (IVP) is a venture capital investment firm that invests in fast-growing technology companies. The firm focuses on later-stage companies and growth equity investments. IVP is based in Menlo Park, California, with offices in London and San Francisco.

The funds will accelerate the development of Sublime's adaptive email security platform and community growth.

Sublime Security provides an adaptive, AI-powered email security platform designed to protect organizations from email-originated cyberattacks, such as phishing and Business Email Compromise (BEC). The platform leverages advanced AI and machine learning to detect and adapt to evolving threats in real-time. The platform allows security teams to have greater control, visibility, and transparency. The company's clients include Spotify, Reddit, and Elastic.

Funding Details

Company: Sublime Security, Inc.

Raised: $60.0M

Round: Series B

Funding Date: December 2024

Lead Investor: IVP

Additional Investors: Citi Ventures, Index Ventures, Decibel Partners, Slow Ventures

Company Website: https://sublime.security/

Software Category: Email Security