Kalon Venture Partners has announced a follow –on investment in Sendmarc, a cyber-security email protection and compliance business for expansion.
Kalon’s focus was to look for outstanding teams building innovative scalable technology.Sendmarc qualified in all these as they continue to show incomparable leadership while building on outstanding tech innovation and showing exceptional revenue growth.
Sendmarc’s team provides solutions to large problems across industries ensuring that the internet is a secure place by preventing phishing and spoofing .Through this platform, fewer cases of cloning of emails for malicious intent are reported. This can be a very crucial threat to any business and requires much needed security solution.
Founders Sam Hutchinson, Keith Thompson and Sacha Matulovich launched Sendmarc in 2018.The founders found a need for a securer email environment for small to large companies and decided to create the Sendmarc platform.
Sendmarc offers the setup, implementation and reporting functionality for a global email protection standard known as DMARC.The protocol enables domain owners guard their domains from unauthorized use e.g. email phishing.
By speeding up the implementation of DMARC, Sendmarc is enabling organizations guard themselves as well as their clients, suppliers and the world at large from impersonation attacks on the implementing organization’s domain.
Since January, Sendmarc’s income has fully fledged at an average of 30% month to month and processed circa 400 million emails per month on their platform. This is a progress made from the previous 1.5 billion emails processed during their first eight months after going live.
During the last 14 months, Sendmarc has managed to grow its customer base 14 times more. Among the customers who have been served by Sendmarc include 35JSE listed companies as well as some international clients. Currently, Sendmarc is the leading cyber security platform in Africa offering the best solutions for phishing and spoofing problem.
The expansion planned by Sendmarc entails of joining the International market as well as growing its South Africa’s presence. Thanks for the support and commitment from the Kalon team, Sendmarc team purposes on expanding its team and scaling the Sendmarc business into the global markets.