Mailprotector, a Greensville, S.C.-based email security and encryption company, raised $5M in Series A funding.
Ballast Point Ventures made the investment. In conjunction with the funding, Robert Faber, Partner at Ballast Point Ventures, will join Mailprotector’s Board of Directors.
The company will use that capital to accelerate product development, grow sales and marketing efforts, and expand services to its network of Managed Service Providers (MSPs). As part of the expansion, Mailprotector plans to add more than 30 positions across all departments at its Greenville, SC headquarters and other locations around the country.
Led by David Setzer, founder & CEO. Mailprotector provides a portfolio of cloud-based email security, management, and hosting services sold exclusively through the channel to businesses, government, and non-profits around the world. Products include inbound and outbound email security, email continuity, email archiving, email encryption, and business-class hosted email solutions.