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Spikerz raises $7M to Enhance Social Media Security for Content Creators

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With social media becoming an integral part of personal branding and business operations, securing those accounts has become paramount. As the threats targeting social media users escalate, Israeli startup Spikerz has created an AI-driven platform to protect digital identities. The company recently announced a successful funding round of $7 million, which further indicates investor confidence in its mission to enhance social media security.

Spikerz raises $7M to Enhance Social Media Security for Content Creators
image credit: Spikerz

Company Overview

Spikerz was founded by CEO Naveh Ben Dror and co-founders Ron Storfer and Ron Azogui, headquartered in Tel Aviv, Israel. The company offers robust security solutions tailored to the needs of content creators, businesses, and enterprises that are very dependent on social media for their operations. It uses artificial intelligence to identify threats proactively, ensuring that clients’ online presence is kept safe and uninterrupted. 

Read also: Lupa a London-based veterinary services platform raised $4M funding

Funding Details

Funding the product development of the company will grow with this influx of $7 million from investors such as Horizon Capital, Disruptive AI, Wix Ventures formerly Wix Capital and Storytime Capital, and BDMI. This influx should help Spikerz to penetrate much deeper into new markets with high demand for their social media security solutions.

Why social Media Security is Needed Nowadays

While they are becoming highly critical channels in communication, marketing, and reaching customers, cybercriminals cannot help but attract attention to their activities. Thus, phishing, account takeovers, and even scams can quickly escalate into the loss of funds and reputations. For a business or an influencer, a breach can bring any operation to its knees and dissolve the trust base of the users. Spikerz addresses the problem by delivering a solution which detects and in turn nullifies such risks in real time.

Spikerz’s AI-Powered Solution

Spikerz’s digital platform uses sophisticated AI algorithms that are constantly scanning social media accounts. It enables the system to analyze patterns and behaviors and foretell anomalies that would indicate phishing attempts, scams, or other violations of unauthorized access. Upon the occurrence of a threat, Spikerz offers actionable insight as well as remedial action to neutralize the risk, thereby protecting the user’s digital presence and their income streams.

Market Position and Competitive Landscape

The social media security domain is a nascent field where Spikerz stands out as it focuses on AI-driven threat detection and servicing content creators and enterprises. As a proactive security solution, Spikerz intends to be the alternative to other cybersecurity firms that may not directly tackle the unique problems of social media platforms. 

Read also: Oben Electric motorcycle manufacturer has raised $6.6M Series A funding

Future Outlook

With the funding, Spikerz will continue to improve the capabilities of its platform by bringing in more complex AI models in order to counter emerging threats. The company also plans to extend its global presence and reach a wider audience of users who will be able to use its security solutions. In this regard, with the evolution of social media, Spikerz is well-equipped to play an important role in making sure users can safely interact with these media platforms.

Summary

Spikerz, an Israeli startup specializing in social media account security, has raised $7 million in its latest funding round. The company offers a comprehensive solution for social media teams and influencers by tracking and neutralizing phishing attacks, scams, and ransom attempts using unique AI technology

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