Phishing Security Firm PhishMe Rebrands as Cofense After Acquisition

Phishing security vendor Cofense aims to provide a collaborative defense, enabling humans to become a stronger link in helping to improve email security. Phishing and email security is big business, and on Feb. 26, email security vendor PhishMe announced that it is being acquired by a private equity consortium that includes BlackRock and Pamplona Capital, valuing the company at $400 million. As part of the acquisition, PhishMe is also being rebranded as Cofense, in a bid to better define the company's expanded vision of providing a collaborative defense for cyber-security. "As a co-founder, it was a difficult decision to change our name from PhishMe," Aaron Higbee, the company’s CTO and co-founder, told eWEEK. "Our mantra is now that it is technology plus humans that we can tap into in order to defend our networks."