- Investment will support faster global expansion across new industry 
categories to protect enterprises and internet platforms from sophisticated bot 
attacks and fraud 


HUMAN Security, Inc. 
(https://www.humansecurity.com/newsroom/the-human-collective-grows-more-than-5x-
since-april-launch )(formerly White Ops)—the global leader in collective 
protection against sophisticated bot attacks and fraud—today announced a $100 
million growth funding round led by WestCap( https://www.westcap.com/) with 
additional investment from NightDragon( https://www.nightdragon.com/) and other 
current investors to support the company in its next phase of growth.

Today, HUMAN protects the world's largest enterprises and internet platforms 
from sophisticated bot attacks and fraud across the domains of application 
security, digital advertising, and performance marketing. In 2021, the company 
experienced accelerated adoption of its specialized bot mitigation platform on 
a global basis and saw its revenue growth rate double year over year. 

"With this growth investment from WestCap, NightDragon and additional 
investors, we will expand our leadership position to build a more secure and 
more human internet," said Tamer Hassan, co-founder and CEO of HUMAN. "HUMAN 
plays to win through collective protection by verifying the humanity of 15 
trillion interactions per week, enabling us to defeat attackers–changing the 
odds to the side of the good."

77% of all cyberattacks are bot-based. Cybercriminals with millions of 
sophisticated bots at their disposal can send billions of fake requests to 
create fake accounts, take over accounts and commit credit card fraud, 
manipulate popularity and consensus, contaminate user data, defraud digital 
advertising and marketing campaigns, and snipe or hoard online goods and 
services. 

In a recent holiday shopping survey( 
https://resources.humansecurity.com/all-content/resized-botfriday-2021-infographic 
) with responses from more than 1,000 consumers, 53% of respondents said bots 
pose a threat to their holiday shopping plans, and 51% said they would shop 
with a different retailer if bots interfered with their customer experience. In 
an enterprise security survey conducted by the research and analyst group ESG( 
https://resources.humansecurity.com/cybersecurity/2021-bot-management-trends ), 
90% of security leaders identified bot management as a top five priority due to 
the severity and the sophistication of attacks, and 65% believe that partnering 
with a bot specialist is the only way to protect themselves.

"HUMAN is addressing one of the most fundamental problems on the internet 
today: keeping digital experiences human," said Kevin Marcus, Partner at 
WestCap."We believe they're uniquely positioned to disrupt the economics of 
cybercrime and prevent billions in losses."

HUMAN's modern defense strategy enables internet-class scale and observability, 
superior detection techniques, and hacker intelligence and takedowns. Examples 
include taking down PARETO(https://www.humansecurity.com/pareto)—the most 
sophisticated CTV botnet ever found—in cooperation with Roku and Google; 
disrupting 3ve( https://resources.humansecurity.com/home/the-hunt-for-3ve ) 
bringing together the FBI, Google, Facebook and many others in the industry; 
and the takedown of Methbot( 
https://www.humansecurity.com/blog/methbot-then-and-now ), which recently 
culminated in the self-proclaimed 'King of Fraud' responsible for the operation 
being sentenced to 10 years in prison( 
https://www.humansecurity.com/blog/the-sentencing-of-the-king-of-fraud-and-the-birth-of-collective-protection 
).

"Through our experience in engaging with hundreds of enterprises and their 
cybersecurity teams, we know that automated attacks on applications and 
websites creating fraud and abuse is a critical point of risk to every 
enterprise," said Dave DeWalt, Founder and Managing Director at NightDragon( 
https://resources.whiteops.com/all-content/tamer-hassan-and-dave-dewalt-chat-about-the-next-phase-of-white-ops?__hstc=148792360.09393130025c1342c56733e35611ae5e.1617053120283.1638191459785.1638230360688.265&__hssc=148792360.19201923.1638230360688&__hsfp=2814977855 
) and Vice Chairman of the Board of HUMAN. "Since we engaged with HUMAN over 
the past year, they have proven to us and the industry that they are best 
positioned to stop these threats by stopping attacks at the source."

HUMAN solves enterprise-wide pain points through its product offerings:

- MediaGuard for Ad Security(https://www.humansecurity.com/products/mediaguard) 
- Protects digital media and advertising from fraud and abuse within desktop, 
mobile, and CTV environments to ensure trusted inventory and human-only 
impressions for more effective advertising. 
- BotGuard for 
Applications(https://www.humansecurity.com/products/botguard-applications) - 
Protects sites and applications from digital fraud and abuse including account 
takeover attacks, new account fraud, fraudulent transactions and sensitive 
content scraping, preventing costly fraud losses while preserving user privacy 
and frictionless digital experiences. 
- BotGuard for Growth 
Marketing(https://www.humansecurity.com/products/botguard-growth-marketing) - 
Protects digital marketing investments from fraud and abuse including paid 
media, lead generation, and retargeting, preventing fraudulent traffic from 
entering marketing platforms to ensure efficiency and boost ROI.

"HUMAN's highly intelligent technology and scaled signal collection help its 
clients protect against a wide range of sophisticated fraud types," said 
Anthony Arnold, Managing Director at Goldman Sachs Asset Management. "Following 
this growth investment by WestCap in HUMAN, we look forward to working with 
them and our partners at ClearSky and NightDragon to accelerate HUMAN's 
expansion into new markets."

To learn more about HUMAN's perspective on how this investment further advances 
their mission, read this blog post from co-founder and CEO Tamer 
Hassan(https://www.humansecurity.com/blog/our-100m-growth-investment-round).

About HUMAN

HUMAN is a cybersecurity company that protects enterprises and internet 
platforms from sophisticated bot attacks and fraud to keep digital experiences 
human. Our modern defense strategy enables internet-class scale and 
observability, superior detection techniques and hacker intelligence & 
takedowns empowering us to defeat your attackers, improving the digital 
experience for real humans. Today we verify the humanity of more than 15 
trillion interactions per week for some of the largest companies and internet 
platforms. Protect your digital business with HUMAN. To Know Who's Real, visit 
www.humansecurity.com.

About WestCap 

WestCap is a strategic investor and operator in growth equity that partners 
with visionary leaders to build generational companies. WestCap's team is 
comprised of seasoned entrepreneurs and company builders who work side-by-side 
with founders to help companies scale. With over $8 billion of assets under 
management and committed capital, WestCap has made notable investments like 
Airbnb, StubHub, iPreo, Skillz, Addepar, Hopper, iCapital, GoodLeap, Cerebral, 
Bolt, Celsius, and NYDIG. The firm has offices in New York, San Francisco and 
London. For more information, visit www.WestCap.com.

About NightDragon

NightDragon(https://www.nightdragon.com/) is an investment and advisory firm 
focused on growth and late-stage investments within the cybersecurity, safety, 
security and privacy industries. Its platform and vast industry network provide 
unparalleled threat insights, deal flow, market leverage and operating 
expertise to drive portfolio company growth and increase shareholder value. The 
NightDragon team has more than 25 years of operational and market expertise and 
was founded by Dave DeWalt and Ken Gonzalez, who served as senior executives 
leading technology companies such as Documentum, EMC, Siebel Systems (Oracle), 
McAfee, Mandiant, Avast and FireEye.

About Goldman Sachs Asset Management Private Equity

Bringing together traditional and alternative investments, Goldman Sachs Asset 
Management provides clients around the world with a dedicated partnership and 
focus on long-term performance. As the primary investing area within Goldman 
Sachs (NYSE: GS), we deliver investment and advisory services for the world's 
leading institutions, financial advisors and individuals, drawing from our 
deeply connected global network and tailored expert insights, across every 
region and market—overseeing more than $2 trillion in assets under supervision 
worldwide as of September 30, 2021. Driven by a passion for our clients' 
performance, we seek to build long-term relationships based on conviction, 
sustainable outcomes, and shared success over time. Goldman Sachs Asset 
Management invests in the full spectrum of alternatives, including private 
equity, growth equity, private credit, real estate and infrastructure.


SOURCE: HUMAN