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Mailprotector has over a decade of experience in providing highly available and highly secure email solutions to organizations around the world. The cloud-based email security, compliance, encryption, and hosting platform has been engineered from the ground up with partners' management needs as a top priority
FREMONT, CA: Cybersecurity startup Mailprotector raised USD 5 million in a Series A round of financing led by Ballast Point Ventures. The newly raised capital will be used by the company to accelerate product development, grow sales and marketing efforts, and expand services to its growing and robust network of Managed Service Providers (MSPs). Under its expansion plans, Mailprotector plans to add more than 30 positions across all departments at its Greenville, SC headquarters and other locations around the country.
"Mailprotector is dedicated to empowering our channel partners with highly valued services and profitable recurring revenue streams," said David Setzer, Mailprotector founder & CEO. "We know that email is still the prime vector for cyber-attacks, especially financially crippling ransomware and phishing threats. This investment means we can supercharge the development of our world-class cybersecurity protection tools for our partners and their clients, giving them an even stronger first line of defense against cyber threats and user error," Setzer added. "We were thrilled to find in Ballast Point a firm that aligns with our channel partner commitment and one who respects our stewardship responsibilities in those relationships."
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Mailprotector has over a decade of experience in providing highly available and highly secure email solutions to organizations around the world. The cloud-based email security, compliance, encryption, and hosting platform has been engineered from the ground up with partners' management needs as a top priority. Mailprotector adds a premium feel to user experience and security with its advanced product stack, including CloudFilter, SafeSend, SecureStore, XtraMail, CloudMail, Exchange+, and Bracket. The company's patent-pending flagship email encryption product, Bracket, is as simple to use as it is secure.
"We are excited to partner with David, CTO Ben Hathaway, and the entire Mailprotector team to drive continued email security leadership and technology innovation," said Robert Faber, Partner at Ballast Point Ventures, who will join Mailprotector's Board of Directors. "BPV has a long history of supporting high-growth software companies throughout the Southeast, and we have been impressed with David and his team as they have built industry-leading email security tools with limited outside capital investment."
See Also :Top Cyber Security Solution Companies
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