Guardio Secures $80M to Address AI-Driven Phishing Threats

Guardio, a cybersecurity startup, has raised $80 million in Series B funding led by ION Crossover Partners to combat the rise of AI-generated phishing and scam sites. The company has identified that malicious actors are increasingly using AI coding tools to create these threats, which has led to a significant increase in their user base, reaching 500,000 paying customers and achieving $100 million in annual recurring revenue.