Red Sift, a London, UK-based provider of an integrated cloud email security and brand protection platform, raised $54m in Series B funding.
The round, which brings Red Sift’s total funding raised to $69.8m, was led by Highland Europe with participation from new and existing investors including Sands Capital, Oxford Capital, and MMC Ventures. In conjunction with Sam Brooks, partner at Highland Europe, and Michael Graninger, partner at SANDS Capital, will join Red Sift’s Board of Directors.
The company intends to use the funds to further accelerate its global expansion with plans for a new US headquarters in Austin, Texas, and growth initiatives across the Asia Pacific, Europe, and Middle East regions, and hire across all departments, and double down on its platform innovation.
Led by Rahul Powar, CEO, Red Sift enables security-first organizations to communicate with and ensure the trust of their employees, vendors and customers. As an integrated cloud email and brand protection platform, Red Sift automates BIMI and DMARC processes, makes it easy to identify and stop business email compromise, and secures domains from impersonation to prevent attacks. Founded in 2015, Red Sift is a global organization with international offices in the UK, North America, Spain and Australia. It boasts a client base of all sizes and across all industries, including Wise, Telefonica, Pipedrive, ITV, and top global law firms.
FinSMEs
24/02/2022