6 years ago

Red Sift Secures €8 Million Series A to Expand into US Market

  • Red Sift, a London-based cybersecurity startup, has raised €8 million in Series A funding led by MMC Ventures, with participation from In-Q-Tel, White Star Capital, and Oxford Capital

  • The funding will be used to expand into the US market and make Red Sift's latest product, OnINBOX, publicly available

  • Red Sift's cognitive data platform uses machine learning to analyze and synthesize data from core business processes, such as email, to help organizations better manage their online security

  • The company has already achieved significant success with its OnDMARC product, which prevents phishing attacks and email impersonation, growing its customer base over 800%.

      • ProblemTechnology

      "making it expensive for businesses to defend against cyber attacks and favouring the largest businesses with the deepest pockets"

      Solution

      "offering intelligent and accessible SaaS solutions that combine modern security standards with machine learning techniques to make cybersecurity easier for organizations"

      Covered on