Bolster

Bolster

AI-driven cybersecurity for online threat protection

About Bolster

Simplify's Rating
Why Bolster is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Cybersecurity

AI & Machine Learning

Company Size

51-200

Company Stage

Series B

Total Funding

$46M

Headquarters

Santa Clara, California

Founded

2017

Overview

Bolster.ai focuses on cybersecurity by protecting businesses from online fraud, phishing, and other digital threats. The company uses artificial intelligence to provide real-time detection and prevention solutions. Its platform helps clients, including large enterprises and SaaS platforms, safeguard their external attack surfaces, which are vulnerable parts of their digital presence. Bolster.ai offers out-of-the-box detection for various threats like phishing, brand infringement, and typosquat attacks, and its technology can be easily integrated into existing systems for enhanced security. The company operates on a subscription-based model, allowing clients to access real-time detection APIs and takedown technology, ensuring continuous protection against threats. Bolster.ai generates revenue through different service tiers, catering to both small businesses and large corporations with scalable security solutions.

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Simplify's Take

What believers are saying

  • Bolster raised $14M in Series B funding, led by Microsoft Ventures.
  • Integration with Telegram API enhances efficiency in threat response.
  • Recognition as a top workplace in the Bay Area attracts top talent.

What critics are saying

  • Increased competition from AI-driven cybersecurity startups could erode market share.
  • Rapid evolution of phishing tactics challenges current detection algorithms.
  • Reliance on third-party platforms like Telegram could be a vulnerability.

What makes Bolster unique

  • Bolster uses patented detection engine for fast, accurate threat identification and takedown.
  • The company offers multi-channel protection, including web, social media, and dark web.
  • Bolster's AI-driven platform automates threat response, reducing manual review by over 80%.

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Funding

Total Funding

$46M

Meets

Industry Average

Funded Over

3 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Below Average

Industry standards

$35M
$30M
Patreon
$45M
Linktree
$65M
Substack
$100M
ClickUp

Benefits

Hybrid Work Options

Growth & Insights and Company News

Headcount

6 month growth

-2%

1 year growth

4%

2 year growth

18%
PR Newswire
Jul 22nd, 2024
Bolster Detects Spike In Phishing Sites Following Crowdstrike Incident, Offers Free Checkphish Tool For Protection

Cybersecurity and Infrastructure Security Agency (CISA) warns that threat actors are taking advantage of recent IT outage via phishing scams and other malicious activitySANTA CLARA, Calif., July 22, 2024 /PRNewswire/ -- Bolster , a leader in multi-channel phishing protection, today announced that its free CheckPhish site , one of the most popular phishing and scam detection sites on the internet, has detected a spike in malicious activities, with more than 40 phishing and phony lookalike domains created in the first 24 hours following the CrowdStrike software incident.CheckPhish is a free, real-time URL scanner that uses an array of machine learning algorithms to determine if a site is malicious or not. Since its inception in 2018, it has scanned more than 6.5 billion URLs. With CheckPhish, you can scan suspicious URLs and monitor for typosquats and lookalikes variants of a domain."We have been watching the reality behind the CISA's warning play out in real-time. In the early hours of July 19, scammers began trying to lure victims into various scams. Within the first 24 hours, more than 40 typosquat domains were targeting CrowdStrike users and had been added to the CheckPhish site," said Abhilash Garimella, vice president of Research at Bolster. "A typosquat, or lookalike domain, resembles a legitimate domain but with variations, such as common misspellings or additional characters

SV Daily
May 25th, 2024
Microsoft Ventures Leads $14 Million Bolster Round

In the past year, Bolster has introduced eight cutting-edge LLM technology-based transformers, capable of detecting and eliminating phishing threats before they can even reach an email.

Digital Transactions
May 23rd, 2024
Mastercard's AI in Fraud Detection and other Digital Transactions News briefs from 5/23/24

Phishing protection provider Bolster Inc. said it raised $14 million in Series B funding led by M12, Microsoft Corp.'s venture fund.

Finsmes
May 22nd, 2024
Bolster Raises $14M in Series B Funding

Bolster, a Santa Clara, CA-based company which specializes in multi-channel phishing protection, raised $14M in Series B funding

ExploreBit
May 22nd, 2024
Bolster Raises USD 14M Series B Funding

Bolster raises USD 14M Series B funding.

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