Tessian, the email security firm has recently announced that it raised $65 million in a Series C funding round. Overall, the company has secured $123.7 million and its valuation is now $500 million.
The company plans to invest the latest capital for its research, development, and expand its go-to-market departments in the US, UK, and other countries. It will be adding more layers of protection beyond just email security services while tripling its employee base.
March Capital led the funding round, in participation with existing investors Balderton Capital, Accel, Latitude, and Sequoia Capital. A new investor in this financing round is Schroder Adveq.
Source: SecurityWeek
