KnowBe4 has entered into a definitive agreement to acquire adaptive and integrated cloud email security company Egress.
KnowBe4 provides the world’s largest security awareness training and simulated phishing platform, while Egress’ Intelligent Email Security suite offers customers a set of scaled, AI-enabled security tools with adaptive learning capabilities to help prevent, protect and defend organisations against sophisticated email cybersecurity threats.
By acquiring Egress, KnowBe4 plans to deliver a single platform that aggregates threat intelligence dynamically, offering AI-based email security and training that is automatically tailored relative to risk.
“The future of security is personalised AI-driven controls and real-time coaching,” says KnowBe4 CEO Stu Sjouwerman. “By providing a single platform from KnowBe4 and Egress, our customers will benefit from differentiated aggregate threat detection to stay ahead of evolving cyber threats and foster a strong security culture.”
While not disclosing further terms of the transaction, the announcement follows significant recent achievements for both companies. KnowBe4 recently launched its AI-native platform, Artificial Intelligence Defense Agents (AIDA), incorporating advanced AI agents to power efficacy and speed. Meanwhile, Egress launched its AI-powered Automated Abuse Mailbox in early April.
“KnowBe4 and Egress have a shared vision of delivering tailored and relevant security to each employee,” said Egress CEO Tony Pepper. “One of the biggest challenges organisations face is accurately identifying who the next source of compromise is and why. By combining intelligence and analytics from integrated applications, companies can gain valuable insights across their entire cyber ecosystem, allowing them to focus on the risks that matter most.”
Egress is backed by FTV Capital and Albion Venture Capital. Citi served as exclusive financial advisor to Egress, and Orrick, Herrington & Sutcliffe LLP served as legal counsel. The parties expect the deal to close in the coming months, subject to customary closing conditions and regulatory approvals.
