Allure Security Raises $17 Million for Brand Protection Platform

Summary

Allure Security raised $17 million in a Series B round to expand its platform, which the company says detects and dismantles brand impersonation threats and uses fake credentials to hinder phishing attacks.

Key points

• The Series B round was led by Riverside Acceleration Capital, with support from previous investors.
• Allure says its platform scans the internet, social media, app stores, and the dark web for brand impersonation threats.
• The company identifies threats including phishing domains, fake identities, rogue software, and disinformation attacks.
• Allure says its deception technology injects fake credentials into phishing sites to make compromised data useless.
• The company plans to use the funding to expand platform capabilities and scale go-to-market efforts.

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