The funding comes after an undisclosed investment in June 2021. It will help expand both the team and its operations.
Sendmarc, a South African cybersecurity startup that provides companies and individuals with tools to ensure email security and prevent identity theft, recently raised US$7 million in a Series A led by Atlantica Ventures and several participating investors.
Thanks to the funding, the startup plans to expand its product line to include additional identity theft protection features.
In June 2021, it secured an undisclosed amount of funding from Endeavor South Africa to expand its South African operations.
With over 1,000 clients (including 80% in South Africa and the remaining 20% in other parts of the world), Sendmarc eyes up to 100,000 clients in the coming five years. It also plans to expand its sales team across Africa to get closer to its clients and provide tools to monitor global email and domain security practices.
Chamberline Moko
(MCB) - The Mauritius Commercial Bank Limited (“MCB”) has successfully granted a strategic financing...
Anthropic, Rwanda’s government, and ALX launched Chidi, an AI mentor built on Claude. It wi...
S&P upgrades Zambia to CCC+ as debt talks advance and copper output rebounds. About 94% of $...
Government, ESCWA, and experts meet to shape national framework Plan aims to fight corruption, c...
ECOWAS launched the second phase of PAMCIT to expand training in translation and conference inte...
The launch of this roadmap comes as Nigeria faces rising food demand, limited uptake of improved seeds and a persistent production shortfall. The country...
Nigeria to use NigComSat to connect 20 million unserved citizens Satellite, fiber rollout aims to bridge urban-rural digital divide High costs,...
As global competition for talent intensifies in the era of artificial intelligence and advanced technologies, Africa is falling behind because of...
In Cotonou, at the Regional Summit on Digital Transformation, ministers, regulators and technical partners debated the digital future of West and Central...
Hidden deep within the Arabuko-Sokoke Forest on Kenya’s coast near Malindi, the ancient city of Gedi stands as one of East Africa’s most intriguing...
Orange Egypt and Qatar’s Qilaa International Group have partnered to develop WTOUR, a digital platform offering trip planning, hotel bookings, local...