PhishMe Sells to Private Equity Syndicate, Rebrands

Anti-phishing company changes name to Cofense

Reston – March 02, 2018 – Cooley advised PhishMe, a leading phishing defense solutions company, on its sale to a private equity syndicate for $400 million and its subsequent rebranding as Cofense. Partner Andrew Lustig and special counsel Marc Samuel led the Cooley team advising the company.

“This acquisition further strengthens the alignment between our management team, employees and investors as we focus on building an enduring company,” said Rohyt Belani, Cofense CEO and co-founder, in a news release. “With cybersecurity a top priority for organizations everywhere, our goal is to continue bringing innovative products to markets around the globe to help stop active attacks faster than ever.”

According to Cofense, the added backing of multiple private equity firms will help support future innovation via organic and inorganic growth initiatives. With hundreds of enterprise customers in more than 50 countries and across 23 industry verticals, Cofense provides worldwide, human-driven phishing defense solutions. The company delivers a collaborative approach to cybersecurity by enabling organization-wide engagement to active email threats.

Cooley’s cyber/data/privacy practice is consistently recognized by industry publications, including Law360 and The Recorder. The practice includes 50+ lawyers counseling high-growth cyber companies at all stages – such as Rapid7, FireEye, Mandiant, Invincea and MobileIron – and protecting value for the world’s most dynamic companies, including Facebook, Google and Sony.

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Related Contacts
Andrew Lustig  Partner Reston
Matthew Schwee  Partner Reston
Edward Sniezek  Associate Reston
Kevin Milgram  Associate Reston
Lila Inman  Associate Reston
Cortney Smith  Senior Paralegal Reston
David Walsh  Partner Reston
Mary Maher Lewis  Associate Reston
Amanda Pacheco  Associate Palo Alto
Howard Morse  Partner Washington, DC
Sharon Connaughton  Special Counsel Washington, DC
Randy Sabett  Special Counsel Washington, DC
Bryan Berman  Associate Colorado
Elizabeth Lewis  Senior Counsel Washington, DC, Reston
MaryBeth Shreiner  Associate Reston
Kevin King  Partner Washington, DC
Rebecca Ross  Special Counsel Washington, DC
Alex Weaver  Associate Washington, DC