Cloud-Based Email Security Provider #Avanan Raises $25M in [...]

Cloud-Based Email Security Provider #Avanan Raises $25M in Series B Funding

📅 January 1, 2019 - Avanan, a security solution provider for SaaS-based email and collaboration platforms, has raised $25 million in Series B funding from existing investors StageOne Ventures, Magma Venture Partners and Greenfield Partners (a TPG Growth investment platform).

Avanan's customer base has increased 10-fold in the last 12 months, stated the company, protecting over 1 million end-user accounts in organizations across all industries, from startups to Fortune 100. The cloud-based email security provider plans to use the new funding to further accelerate its growth.

"We invested in Avanan because we believe the unified multi-vendor security platform is a revolutionary solution in a market that has [...][... Check source for end of article ...]

Tags: Cloud Hosting News Gil Friedrich Roy Rotem SaaS Security Yuda Doron

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