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Egress Software

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uuid0000mau

Namestring
Egress Software
Legal namestring
Egress
Websiteurl
egress.com
Company typeenum
Private
Founded yearint
2007
Descriptiontext

Egress Software, founded in 2007 and headquartered in London, is a cloud-native email security provider that operates as a wholly-owned subsidiary of KnowBe4 following its 2024 acquisition. The company offers five integrated products: Defend (AI-powered inbound email security against phishing, ransomware, and BEC using behavioral AI and self-learning threat models), Prevent (real-time outbound data loss prevention integrated with Microsoft Outlook and Office 365), Protect (policy-based email encryption with FIPS 140-2 certification and 256-bit AES), Workspace (secure file sharing and collaboration with granular access controls and SSO), and Web Form (secure data submission forms with ISO 27001/9001 and Commercial Product Assurance certifications). The platform uses an adaptive security model combining contextual machine learning and neural networks to continuously assess human risk and dynamically adapt policy controls, integrated natively with Microsoft 365 via Outlook Add-in, API, and Integrated Cloud Email Gateway.

Egress generates revenue through enterprise SaaS subscriptions sold on annual or multi-year contracts with quote-based custom pricing. Its go-to-market combines direct enterprise sales, channel/reseller partnerships, and product-led growth via free cybersecurity tools. The platform serves Microsoft 365 organizations primarily, with named customers spanning healthcare (Shields Health Solutions), financial services (First Bank), and insurance (Crawford & Company). Post-acquisition, Egress has been integrated into KnowBe4's HRM+ (Human Risk Management Plus) platform, combining email security with security awareness training, real-time coaching, and AI defense agents. As of October 2024, KnowBe4 reported over 63,000 active U.S. customers, with 98.2% avoiding a public data breach. The email security market is projected to reach $16.19 billion by 2032, and Egress has been recognized as a Gartner Magic Quadrant Leader for Email Security Platforms in 2024 and 2025 and received the Frost & Sullivan 2026 Global Email Security Customer Value Leadership award.

Short descriptiontext

Egress Software is a London-based cloud email security provider offering AI-driven anti-phishing, data loss prevention, and encryption products, operating as a subsidiary of KnowBe4 since its 2024 acquisition and serving enterprise Microsoft 365 organizations.

Operating statusenum
Acquired
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersLondon, United Kingdom
HQ citystring
London
HQ countrystring
United Kingdom
HQ regionstring
Europe
Markets served

Serves global market

Keyword5 values
cloud email security, anti-phishing software, data loss prevention, email encryption, secure file sharing
Industry5 codes
1Email Phishing & BEC Protection
CodeHDADAKABPrimaryYes
2Secure Email Gateway (SEG)
CodeHDADAKAAPrimaryNo
3Attack Detection & Response for Cloud/SaaS (SOC for Cloud)
CodeHDADAGAJPrimaryNo
4Network Security Managed Services (Firewall/IDS/IPS/SASE)
CodeBPAEADAGPrimaryNo
5Threat Intelligence Services
CodeBPAEADACPrimaryNo
NAICS code1 code
  • Software Publishers5132
SIC code1 code
  • Services-Prepackaged Software7372
Product category
Cloud Email Security
GTM motion3 records

Each record includes

Type, Description, Source

Revenue model3 records
1Cloud Email Security Subscriptions
TypeSubscription Recurring
Description

SaaS subscription model for email security products (Defend, Prevent, Protect) with per-user or organization-based pricing. Revenue derived from annual or multi-year subscription contracts for Microsoft 365 integrated security solutions.

egress.com
2Secure Workspace Subscriptions
TypeSubscription Recurring
Description

Subscription-based secure file sharing and collaboration platform, providing recurring revenue from enterprise teams requiring secure data exchange capabilities.

egress.com
3Secure Web Form Subscriptions
TypeSubscription Recurring
Description

Subscription model for secure data collection and form-building services, targeting organizations requiring compliant inbound data workflows.

egress.com
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations
Pricing details1 tier
1Enterprise subscription with custom pricing
ModelSubscriptionBilling cadenceAnnual
Notes

Quote-based / Not publicly disclosed - Annual and multi-year contract options available

egress.com
GTM typeB2B
B2B
Offering typeSoftware
Software
Brand1 of 5 records shown
1Defend
Description

Inbound email security product that detects and blocks advanced phishing attacks, ransomware, and business email compromise using behavioral AI.

egress.com
+4 more records
Core offering1 text field

Egress is a cloud-native email security platform that uses an adaptive security model, contextual machine learning, and neural networks to detect inbound threats (phishing, ransomware, BEC) via Defend, prevent outbound data loss via Prevent, and provide policy-based email encryption via Protect. It also offers Secure Workspace for encrypted file sharing and collaboration, and Secure Web Form for compliant inbound data collection. The offering is delivered as SaaS, tightly integrated with Microsoft 365.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Stop up to 97% more targeted email attacks
+2 more records
Product overview1 text field

Egress, a KnowBe4 company, offers a cloud email security platform with an adaptive security model. The product portfolio consists of five integrated modules: Defend (inbound email security/anti-phishing), Prevent (outbound email protection and data loss prevention), Protect (email encryption), Workspace (secure file sharing and collaboration), and Web Form (secure data submission). The platform leverages AI and machine learning to continuously assess human risk and dynamically adapt policy controls, defending against advanced phishing attacks and outbound data breaches.

Product and service5 records
1Defend
CategoryInbound Email Security / Anti-Phishing
Description

AI-powered inbound email security product that detects and blocks advanced phishing attacks, ransomware, and business email compromise using behavioral AI and self-learning threat models. Built for Microsoft 365 organizations seeking threat protection beyond native Microsoft defenses.

2Prevent
CategoryOutbound Email Data Loss Prevention
Description

Outbound email protection and data loss prevention (DLP) product that monitors outbound email in real-time, alerts users to risky behavior such as accidental sends or misdirected emails, and prevents data breaches before they happen. Integrated with Microsoft Outlook and Office 365.

3Protect
CategoryEmail Encryption
Description

Policy-based email encryption solution providing secure, certified end-to-end email communication with granular access controls, automatic encryption, and FIPS 140-2 certified protection.

4Workspace
CategorySecure File Sharing and Collaboration
Description

Secure file sharing and collaboration platform enabling users to securely share, control, and collaborate on files with teammates and external parties, featuring real-time editing, e-signatures, malware scanning, MFA, and granular access controls. ISO 27001 certified.

5Web Form
CategorySecure Data Intake / Web Forms
Description

Secure data submission and form-building solution for capturing sensitive customer and third-party data, with 256-bit AES encryption, malware scanning, file type restrictions, customizable branding, conditional validation, and API integration with tools such as Salesforce and Zendesk.

Scale indicator6 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2024-01-01
Description

KnowBe4 acquired Egress in 2024 to add KnowBe4 Defend (natural language processing-based system) to its human risk management platform. The acquisition created the largest AI-driven cybersecurity platform for managing human risk and enabled KnowBe4 to be named a Leader in Gartner Magic Quadrant for Email Security for two consecutive years.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

AI-native email security platform using behavioral ML to stop BEC and phishing — a fast-moving direct competitor to KnowBe4 Defend in the AI-driven email security category.

TypeDirect peer
Description

Directly comparable cloud-native email security provider offering advanced phishing, BEC protection, and email DLP for Microsoft 365 environments — competing head-to-head with Egress Defend and Prevent.

TypeDirect peer
Description

Email and file encryption provider competing directly with Egress Protect, with deep integration into Microsoft 365 and Google Workspace environments.

TypeEmerging player
Description

Phishing detection and response platform with intelligence-driven anti-phishing capabilities — adjacent competitor in the broader anti-phishing and email security category.

TypeEmerging player
Description

AI-driven anti-phishing and BEC protection platform with self-learning threat detection — overlapping with Egress Defend in phishing and social engineering protection.

TypeDirect peer
Description

Long-standing email security leader offering anti-phishing, email DLP, and secure email gateway capabilities; competing with Egress across enterprise Microsoft 365 deployments.

TypeBroad incumbent
Description

Parent company and broader human risk management platform. Provides context for Egress's scale, distribution, and integrated GTM motion (HRM+) — not a competitor but the dominant commercial vehicle for Egress products.

TypeEmerging player
Description

Cloud-native email security platform focused on phishing and account takeover prevention for Microsoft 365 and Google Workspace — comparable niche positioning to Egress Defend.

TypeBroad incumbent
Description

Native email security inside the Microsoft 365 ecosystem; included with E5 licenses. The primary incumbent Egress positions against and the dominant factor shaping its addressable market.

TypeEmerging player
Description

Modern email security and DLP platform built natively for cloud email (M365/Google Workspace), competing with Egress Defend and Prevent in the cloud-native overlay category.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers4 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
Yes

Docs URL, Description

Integration8 records

Each record includes

Title, Type, Description, Source

AI capability5 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature6 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles8 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance4 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds4 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors3 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Egress Software

Cloud Email Securityegress.com

Egress Software is a London-based cloud email security provider offering AI-driven anti-phishing, data loss prevention, and encryption products, operating as a subsidiary of KnowBe4 since its 2024 acquisition and serving enterprise Microsoft 365 organizations.

What Egress Software does

Egress Software, founded in 2007 and headquartered in London, is a cloud-native email security provider that operates as a wholly-owned subsidiary of KnowBe4 following its 2024 acquisition. The company offers five integrated products: Defend (AI-powered inbound email security against phishing, ransomware, and BEC using behavioral AI and self-learning threat models), Prevent (real-time outbound data loss prevention integrated with Microsoft Outlook and Office 365), Protect (policy-based email encryption with FIPS 140-2 certification and 256-bit AES), Workspace (secure file sharing and collaboration with granular access controls and SSO), and Web Form (secure data submission forms with ISO 27001/9001 and Commercial Product Assurance certifications). The platform uses an adaptive security model combining contextual machine learning and neural networks to continuously assess human risk and dynamically adapt policy controls, integrated natively with Microsoft 365 via Outlook Add-in, API, and Integrated Cloud Email Gateway.

Egress generates revenue through enterprise SaaS subscriptions sold on annual or multi-year contracts with quote-based custom pricing. Its go-to-market combines direct enterprise sales, channel/reseller partnerships, and product-led growth via free cybersecurity tools. The platform serves Microsoft 365 organizations primarily, with named customers spanning healthcare (Shields Health Solutions), financial services (First Bank), and insurance (Crawford & Company). Post-acquisition, Egress has been integrated into KnowBe4's HRM+ (Human Risk Management Plus) platform, combining email security with security awareness training, real-time coaching, and AI defense agents. As of October 2024, KnowBe4 reported over 63,000 active U.S. customers, with 98.2% avoiding a public data breach. The email security market is projected to reach $16.19 billion by 2032, and Egress has been recognized as a Gartner Magic Quadrant Leader for Email Security Platforms in 2024 and 2025 and received the Frost & Sullivan 2026 Global Email Security Customer Value Leadership award.

Egress Software firmographics

Firmographics
Name
Egress Software
Legal name
Egress
Website
https://egress.com
Company type
Private
Founded year
2007
Operating status
Acquired
Headcount range
101–250 employees
Short description
Egress Software is a London-based cloud email security provider offering AI-driven anti-phishing, data loss prevention, and encryption products, operating as a subsidiary of KnowBe4 since its 2024 acquisition and serving enterprise Microsoft 365 organizations.
Ownership category
akta.pro rank

Egress Software industry classification

Industry
Product category
Cloud Email Security
NAICS
Software Publishers (5132)
SIC
Services-Prepackaged Software (7372)
akta.pro primary industry
Email Phishing & BEC Protection (HDADAKAB)
akta.pro secondary industries
Secure Email Gateway (SEG) (HDADAKAA), Attack Detection & Response for Cloud/SaaS (SOC for Cloud) (HDADAGAJ), Network Security Managed Services (Firewall/IDS/IPS/SASE) (BPAEADAG), Threat Intelligence Services (BPAEADAC)

Keywords

  • Cloud email security
  • Anti-phishing software
  • Data loss prevention
  • Email encryption
  • Secure file sharing

Where Egress Software is headquartered

Location

Headquarters

HQ city
London
HQ country
United Kingdom
HQ region
Europe

Markets served

Egress Software business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations

Revenue model

  1. Cloud Email Security Subscriptions: SaaS subscription model for email security products (Defend, Prevent, Protect) with per-user or organization-based pricing. Revenue derived from annual or multi-year subscription contracts for Microsoft 365 integrated security solutions.
  2. Secure Workspace Subscriptions: Subscription-based secure file sharing and collaboration platform, providing recurring revenue from enterprise teams requiring secure data exchange capabilities.
  3. Secure Web Form Subscriptions: Subscription model for secure data collection and form-building services, targeting organizations requiring compliant inbound data workflows.

Pricing tiers

ModelBillingPrice
SubscriptionAnnualEnterprise subscription with custom pricing

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Egress Software product offering

Product offering

Core offering

Egress is a cloud-native email security platform that uses an adaptive security model, contextual machine learning, and neural networks to detect inbound threats (phishing, ransomware, BEC) via Defend, prevent outbound data loss via Prevent, and provide policy-based email encryption via Protect. It also offers Secure Workspace for encrypted file sharing and collaboration, and Secure Web Form for compliant inbound data collection. The offering is delivered as SaaS, tightly integrated with Microsoft 365.

Product overview

Egress, a KnowBe4 company, offers a cloud email security platform with an adaptive security model. The product portfolio consists of five integrated modules: Defend (inbound email security/anti-phishing), Prevent (outbound email protection and data loss prevention), Protect (email encryption), Workspace (secure file sharing and collaboration), and Web Form (secure data submission). The platform leverages AI and machine learning to continuously assess human risk and dynamically adapt policy controls, defending against advanced phishing attacks and outbound data breaches.

Differentiator

Problem solved

Functional benefit

Brands

  • Defend: Inbound email security product that detects and blocks advanced phishing attacks, ransomware, and business email compromise using behavioral AI.
  • Prevent
  • Protect
  • Workspace
  • Web Form

Products and services

  • Defend AI-powered inbound email security product that detects and blocks advanced phishing attacks, ransomware, and business email compromise using behavioral AI and self-learning threat models. Built for Microsoft 365 organizations seeking threat protection beyond native Microsoft defenses.
  • Prevent Outbound email protection and data loss prevention (DLP) product that monitors outbound email in real-time, alerts users to risky behavior such as accidental sends or misdirected emails, and prevents data breaches before they happen. Integrated with Microsoft Outlook and Office 365.
  • Protect Policy-based email encryption solution providing secure, certified end-to-end email communication with granular access controls, automatic encryption, and FIPS 140-2 certified protection.
  • Workspace Secure file sharing and collaboration platform enabling users to securely share, control, and collaborate on files with teammates and external parties, featuring real-time editing, e-signatures, malware scanning, MFA, and granular access controls. ISO 27001 certified.
  • Web Form Secure data submission and form-building solution for capturing sensitive customer and third-party data, with 256-bit AES encryption, malware scanning, file type restrictions, customizable branding, conditional validation, and API integration with tools such as Salesforce and Zendesk.

Quantifiable outcome

  • Stop up to 97% more targeted email attacks
  • +2 more outcomes

Companies that use Egress Software

Customer profile

Named customers4 records

Segments3 records

Ideal customer profiles2 records

Egress Software technology and API

Technology

Technology focussed Yes

API detail

Has API
Yes
API docs
API detail

Core technology

AI maturity

App detail

Integration8 records

AI capability5 records

Feature6 records

Egress Software partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • KnowBe4flagshipStrategic or Co-development Partner · 1 January 2024KnowBe4 acquired Egress in 2024 to add KnowBe4 Defend (natural language processing-based system) to its human risk management platform. The acquisition created the largest AI-driven cybersecurity platform for managing human risk and enabled KnowBe4 to be named a Leader in Gartner Magic Quadrant for Email Security for two consecutive years.

Scale indicators6 records

Recent moves5 records

Expansion highlights5 records

Egress Software competitors and assessment

Company assessment

Direct peers

  • Abnormal Security: AI-native email security platform using behavioral ML to stop BEC and phishing — a fast-moving direct competitor to KnowBe4 Defend in the AI-driven email security category.
  • Mimecast: Directly comparable cloud-native email security provider offering advanced phishing, BEC protection, and email DLP for Microsoft 365 environments — competing head-to-head with Egress Defend and Prevent.
  • Virtru: Email and file encryption provider competing directly with Egress Protect, with deep integration into Microsoft 365 and Google Workspace environments.
  • Proofpoint: Long-standing email security leader offering anti-phishing, email DLP, and secure email gateway capabilities; competing with Egress across enterprise Microsoft 365 deployments.

Emerging players

  • Cofense: Phishing detection and response platform with intelligence-driven anti-phishing capabilities — adjacent competitor in the broader anti-phishing and email security category.
  • Ironscales: AI-driven anti-phishing and BEC protection platform with self-learning threat detection — overlapping with Egress Defend in phishing and social engineering protection.
  • GreatHorn: Cloud-native email security platform focused on phishing and account takeover prevention for Microsoft 365 and Google Workspace — comparable niche positioning to Egress Defend.
  • Material Security: Modern email security and DLP platform built natively for cloud email (M365/Google Workspace), competing with Egress Defend and Prevent in the cloud-native overlay category.

Broad incumbents

  • KnowBe4: Parent company and broader human risk management platform. Provides context for Egress's scale, distribution, and integrated GTM motion (HRM+) — not a competitor but the dominant commercial vehicle for Egress products.
  • Microsoft (Defender for Office 365): Native email security inside the Microsoft 365 ecosystem; included with E5 licenses. The primary incumbent Egress positions against and the dominant factor shaping its addressable market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Egress Software social profiles

Digital presence

Egress Software compliance and trust

Trust signal

Compliance4 records

Egress Software financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Egress Software leadership team

Management profile

Number of profiles

Profiles8 records

Egress Software funding detail

Funding detail

Funding overview

Funding rounds4 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Egress Software M&A and investment

M&A and investment

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Egress Software

What does Egress Software do?

Egress is a cloud-native email security platform that uses an adaptive security model, contextual machine learning, and neural networks to detect inbound threats (phishing, ransomware, BEC) via Defend, prevent outbound data loss via Prevent, and provide policy-based email encryption via Protect. It also offers Secure Workspace for encrypted file sharing and collaboration, and Secure Web Form for compliant inbound data collection. The offering is delivered as SaaS, tightly integrated with Microsoft 365.

Is Egress Software a public or private company?

Egress Software is a private company. It is classified as corporate owned and is currently acquired.

When was Egress Software founded?

Egress Software was founded in 2007. It employs 101 to 250 people.

Where is Egress Software based?

Egress Software is headquartered in London, United Kingdom, in the Europe region.

How does Egress Software make money?

Three revenue lines are on record. Cloud Email Security Subscriptions are the primary driver. The others are secure Workspace Subscriptions and secure Web Form Subscriptions.

Who are Egress Software's main competitors?

Direct peers on record are Abnormal Security, Mimecast, Virtru and Proofpoint. Emerging players are Cofense, Ironscales, GreatHorn and Material Security. Broad incumbents are KnowBe4 and Microsoft (Defender for Office 365).

Does Egress Software have an API?

Yes. Egress provides cloud-native API architecture for seamless integration. The API enables integration with existing tools and workflows. Secure Web Form and Secure Workspace both offer API integration capabilities to help streamline workflow and connect with existing tools.

What industry is Egress Software in?

Egress Software's product category is Cloud Email Security. Its primary akta.pro industry code is HDADAKAB, Email Phishing & BEC Protection, with a secondary code of HDADAKAA, Secure Email Gateway (SEG). Its NAICS code is 5132 and its SIC code is 7372.

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Live signals
Logz.ioEgress Partners for Cost-Efficient ObservabilityCybersecurity company Egress has partnered with Logz.io to implement its Open 360 platform for centralized logging, metrics, and distributed tracing. This strategic move allows Egress to optimize observability costs through granular data control while maintaining operational flexibility and avoiding vendor lock-in. The partnership also highlights Logz.io's customer support capabilities as a key factor in the successful integration of these infrastructure tools.WFTVEncrypted QR Codes are here. Should workplaces be using them?The article highlights the rising threat of QR code phishing, or 'quishing,' which accounted for 12.4% of phishing emails in 2023 according to cybersecurity firm Egress. It discusses how bad actors exploit these codes to steal credentials and distribute malware, particularly targeting sectors like healthcare and education. The piece outlines protective measures such as encrypted QR codes and invisible ink authentication to mitigate these security risks.GlobeNewswireDividend DeclarationAlbion Enterprise VCT PLC declared a special dividend of 13.50 pence per share, payable 25 October 2024 to shareholders on the register on 4 October 2024. The dividend follows the sale of Egress Software Technologies, which returned over 7x cost, and aims to maintain the company's qualifying VCT status.GlobeNewswirePortfolio and NAV updateKnowBe4 completed its acquisition of Egress Software Technologies after regulatory approvals were received. The sale returned over seven times cost, lifting Albion Crown VCT's NAV by 0.15 pence per share to 30.54 pence. The adjustment reflects only this event, not a full portfolio revaluation.GlobeNewswirePortfolio and NAV updateAlbion Technology & General VCT completed its acquisition of Egress Software Technologies after regulatory approvals were received. The sale returned over seven times cost, lifting the unaudited NAV by 0.58 pence per share to 71.22 pence. The adjustment reflects only the event and not a full portfolio revaluation.GlobeNewswireNAV Announcement and Portfolio Company UpdateAlbion Enterprise VCT PLC announced an unaudited NAV of £140.6 million (125.77p per share) as at 31 March 2024. The company completed the acquisition of Egress Software Technologies, which returned over seven times cost and lifted the NAV by 4.33p per share. The revised unaudited NAV is now 130.10p per share.GlobeNewswirePortfolio Company UpdateKnowBe4 entered a definitive agreement to acquire Egress Software Technologies, with the transaction expected to close in the coming months subject to customary closing conditions and regulatory approvals. The deal was announced on 12 March 2024.GlobeNewswirePortfolio Company UpdateKnowBe4 entered into a definitive agreement to acquire Egress Software Technologies, with terms agreed on 12 March 2024. The transaction is expected to close in the coming months subject to customary closing conditions and regulatory approvals.GlobeNewswireEgress launches AI-powered Abuse Mailbox Automation to cut phishing investigation time by 98%Egress launched Abuse Mailbox Automation for user-reported phishing emails, using AI to inspect and remediate attacks. The feature cuts analyst investigation time by 98% on average, addressing the fact that 85% of reported emails are false positives. It is available immediately to all existing Egress Defend customers globally.GlobeNewswireEgress launches AI-powered Abuse Mailbox Automation to cut phishing investigation time by 98%Egress launched Abuse Mailbox Automation for user-reported phishing emails, cutting analyst investigation time by 98%. The AI-powered feature automatically remediates attacks across the enterprise, addressing the fact that 85% of reported emails are false positives. The feature is available immediately to all existing Egress Defend customers globally.