Email authentication platform Valimail has received $45m Series C investment from Insight Partners bringing its total funding raised to $84m.
The San Francisco-headquartered company provides an Identity-Driven Email Anti-impersonation platform to detect and prevent impersonation-based email attacks.
Valimail’s offering also includes automated DMARC enforcement, anti-phishing, brand protection, better email deliverability, and regulatory compliance. The platform is used by companies across the technology, financial services, healthcare and government sectors.
The business is planning to use the new funding to accelerate the expansion of its product offering, partnerships and global footprint, Valimail confirmed in a statement.
Valimail previously bagged $25m for its Series B in May 2018, led by Tenaya Capital with participation from Shasta Ventures, Bloomberg Beta, and Flybridge Capital Partners.
“By delivering the world’s first fully-automated, identity-based solution for protecting email, we are transforming the way the global enterprise thinks about email security,” said Valimail CEO and co-founder Alexander García-Tobar.
“In short, we are delivering trust – we make enterprise email trustworthy, both for inbound and outbound messages. We’ve earned the trust of the industry, with major partnerships and key roles in email standards committees.”
Fellow email security startup Vade Secure also received €70m financing agreement from VC firm General Catalyst earlier this week.
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