Cloudmark Secures $23M in Growth Equity Funding

Cloudmark, Inc., a global provider of a comprehensive real-time spam, virus and phishing protection for fixed, mobile and social networks, has secured $23m in a round of funding.

The round was led by new investor Summit Partners and joined by Nokia Growth Partners, the venture capital investing arm of Nokia (NYSE: NOK).
Existing investors Ignition Partners and Industry Ventures also participated in the round.
The new funding was used to assist in Cloudmark’s purchase of Bizanga, Ltd., a provider of a message processing platform. The acquisition will allow the company to deliver to operators a unified solution that increases the performance, reliability and security of their messaging infrastructure and decreases their system integration and management costs.
This is the first investment Cloudmark has raised since 2004.
The company is headquartered in San Francisco with offices in London, Tokyo, Beijing and Hong Kong.
FinSMEs

03/03/2010

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