Memcyco Gets $37M to Fight AI-Powered Impersonation Attacks

Digital Risk Protection Startup to Expand Preemptive Scam Detection Tools Michael Novinson (MichaelNovinson) • January 27, 2026

A digital risk protection platform led by the ex-CEO of Memco raised $37 million to address brand impersonation scams, account takeover and social media impersonation.

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The Series A funding will fuel Boston-based Memcyco's evolution from defending against website impersonation to tackling complex account takeover scenarios with real-time, preemptive detection, said co-founder and CEO Israel Mazin. Unlike rivals that rely on reactive takedown strategies or post-login behavioral analysis, Mazin said Memcyco's solution detects threats before an attack unfolds.

"We have more demand than the salespeople and the support can take, so this is a good place to be," Mazin told Information Security Media Group. "We saw that there are many potential clients that we ...