EasyDMARC, an Armenian startup specializing in email security, has successfully closed a $20m funding round.
According to Security Week, the investment comes from Radian Capital, a New York-based venture capital firm, elevating the company’s total capital raised to $22.3m.
Radian Capital leads the investment, injecting significant capital to support EasyDMARC’s next growth phase.
Founded in 2018 by Gerasim Hovhannisyan and Avag Arakelyan, EasyDMARC is a B2B SaaS company dedicated to simplifying email security and authentication for businesses of all sizes. The company’s innovative approach focuses on protecting domain and email infrastructure, ensuring the legitimacy of emails sent from a domain. This critical service helps prevent phishing attacks and improves email deliverability.
The fresh capital will be channeled towards global expansion efforts, including significant investments in team growth and technological enhancements. EasyDMARC aims to strengthen its product offerings, ensuring they meet the latest compliance requirements from major entities like PCI DSS and email service providers such as Google and Yahoo.
Currently, EasyDMARC boasts over 83,000 customers across 130 countries. This extensive customer base highlights the widespread need and reliance on robust email security solutions in the digital age.
“This funding represents a pivotal moment for EasyDMARC as we aim to scale our solutions and expand our global footprint,” EasyDMARC CEO Gerasim Hovhannisyan said. He emphasized the investment’s role in enabling the company to innovate further and ensure email security for businesses worldwide.
Previously, the company had raised a total of $2.3m in various funding rounds since its inception.
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