7 years ago

Tessian Secures $40 Million Series B Funding Led by Sequoia Capital

  • Tessian, a London-based email security provider, is closing in on a $40 million Series B funding round led by Sequoia Capital

  • The company, founded in 2013, uses machine learning to improve email security by analyzing an enterprise's email networks to understand normal and abnormal email sending patterns and behaviours

  • Tessian then attempts to detect anomalies in outgoing emails and warns users about potential mistakes before an email is sent

  • The company has also begun addressing in-bound email, too, including preventing phishing attempts and spotting when emails have been spoofed

  • Tessian previously raised $13 million in Series A funding led by Balderton Capital in June 2018

  • The company's other investors include Accel, Amadeus Capital Partners, Crane, LocalGlobe, Winton Ventures, and Walking Ventures.

      • ProblemTechnology

      "Email security is a big problem for businesses. Employees accidentally send sensitive information to the wrong people, or fall victim to phishing attacks. This can lead to data breaches, financial losses, and reputational damage."

      Solution

      "Tessian uses machine learning to analyze email patterns and detect anomalies. It alerts users before they send an email that might be risky, and helps to prevent phishing attacks."

      Covered on