HoxHunt, a startup from Helsinki that empowers humans to protect their employers from cyber attacks, has raised €2.5 million in a funding round led by Dawn Capital, with participation from existing investors Icebreaker and Risto Siilasmaa, chairman of Nokia and founder of F-Secure.
Founded in 2016, HoxHunt provides a training and engagement platform with gamification elements that boil down to keeping the employees alert about a possible cyberattack. It simulates phishing, social engineering, and other attacks and rewards users for reporting them.
“By making security fun and engaging, employees become the force that defeats cyberattacks,” said Mika Aalto, CEO and co-Founder of HoxHunt. “Our ‘Employees First’ approach to threat-hunting results in rapid response and remediation. HoxHunt integrates seamlessly into an employee’s work environment and gets them excited to compete with their peers. CISOs use HoxHunt to unlock valuable resources previously spent managing platforms that fail to change human behaviour.”
HoxHunt states that it has attracted clients across 75 countries, including some big enterprises from the Nordics like IKEA and Kone. It plans to use the fresh funding to widen its service offering and further expand the platform's footprint.