Valimail raises $25M in additional funding for its email authentication service
https://techcrunch.com/2018/05/22/valimail-raises-25m-in-additional-funding-for-its-email-authentication-service/
Valimail helps businesses ensure that nobody can impersonate them over email. That’s not a sexy business to be in, but very much a necessary one. The company’s email authentication service, which uses standards like SPF, DKIM and DMARC, is currently in use by the likes of Yelp, Uber, Fanni Mae and WeWork. Today, the company announced that it has raised a $25 million Series B round led by Tenaya Capital, with participation from Shasta Ventures, Flybridge Capital Partners and Bloomberg Beta.
This round bring Valimail’s total amount of funding to $38.5 million, including the company’s $12 million Series A round in 2016.