Valimail, a San Francisco, CA-based provider of automating email authentication solutions, raised $25m in Series B funding.
The round was led by Tenaya Capital, with participation from existing venture investors Shasta Ventures, Flybridge Capital Partners, and Bloomberg Beta.
The company intends to use the funds to hire multiple positions across a number of different departments, including engineering, sales, customer success, and marketing, accelerate global growth and expand its portfolio of trust-based anti-impersonation services.
Led by Alexander García-Tobar, co-founder and CEO, Valimail provides an automated email trust platform used by Yelp, Uber, Fannie Mae, Manulife, WeWork, and other companies in finance, government, transportation, health care, manufacturing, media, technology, etc., to stop fraud, brand abuse, and data theft.
The company’s Identity-Driven Email Anti-impersonation (IDEA)™ platform stops impersonation-based email attacks by automating implementation and ongoing management of email authentication. Leveraging open standards, such as SPF, DKIM, and DMARC, the platform ensures that unauthorized senders using an organization’s domains in email messages are automatically blocked globally.