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Boston Meridian advises PhishMe on its Sale to a Private Equity Syndicate

Boston Meridian is pleased to announce the sale of PhishMe to a private equity consortium. PhishMe is the leading provider of human-driven phishing defense solutions. The acquisition valued the company at $400 million. In conjunction with the transaction, PhishMe has changed its name to Cofense, which reflects collaborative defense. Cofense emphasizes the Company’s broad portfolio of enterprise-wide attack detection, response and orchestration solutions.

“PhishMe was founded to challenge the cliché that people are the weakest link in security,” said Rohyt Belani, CEO and Co-Founder of Cofense. “The Cofense solution set leverages internal employee-generated attack intelligence in concert with purpose-built response technologies to break the attack kill chain at delivery.”

Cybersecurity continues to be a top priority for organizations of all sizes, especially when it comes to user behavior and security awareness training. With private equity backers, Cofense will continue its mission to stop threats faster by combining human intelligence with technology.

Boston Meridian is an innovative investment bank that provides M&A and capital raising advisory services to leading technology companies.  We leverage senior partner expertise to unlock the strategic value of technology and achieve rapid and unparalleled results for our clients.