Vade Raises $30 Million in Funding

vade

Vade, a San Francisco, CA-based cybersecurity company, raised $30M in funding.

The round was led by Tikehau Ace Capital, Bpifrance and Auriga.

The company intends to use the funds to accelerate international expansion, enhance its cybersecurity products for Internet Service Providers (ISPs), MSPs and small and medium businesses, and to put increased emphasis on developing MSSP-tailored solutions with installation and high efficiency.

Led by CEO Georges Lotigier, Vade is a cybersecurity company specializing in the development of threat detection and response technology with artificial intelligence. Its products and solutions protect consumers, businesses, and organizations from email-borne cyberattacks, including malware/ransomware, spear phishing/business email compromise, and phishing. Founded in 2009, the company protects more than 1 billion corporate and consumer mailboxes and serves the ISP, SMB, and MSP markets with products and solutions that help increase cybersecurity and maximize IT efficiency. Vade for M365, its flagship product, is an email security product that is purpose built for MSPs. 

Vade has almost 200 employees and anticipates growing its staffing by another 80 employees by the end of this calendar year.

FinSMEs

31/05/2022