Red Sift, a London, UK–based cognitive data platform that provides cloud-based email security solutions, closed a $8.8m funding round.
The round was led by MMC Ventures with participation from new investor In-Q-Tel, Inc. (IQT) and existing investors White Star Capital and Oxford Capital.
The company intends to use the funds to expand into the US and make its latest product, OnINBOX, publicly available.
Founded in 2015 by Rahul Powar and Randal Pinto, Red Sift Red Sift is a data-driven cybersecurity company that uses machine learning to analyze and synthesize data from core business processes, such as email, to help its global customer base manage its online security. The company offers users a dashboard of tools – from network monitoring to email analysis and authentication – designed to safeguard users and brand reputation. Its OnDMARC security product protects a domain from email impersonation while its latest product – OnINBOX -provides an intelligent email threat detection system.
The client roster includes TransferWise, Telefonica, Action for Children, and top UK law firms.