• Mimecast Raises $21 Million For Cloud-Based Email Management System

    Monday, January 25th, 2010

    Leena Rao currently works as a writer for TechCrunch. She recently finished graduate school at the Medill School of Journalism at Northwestern University, where she studied business journalism and videography. From 2004 to 2007, she helped lead Congresswoman Carloyn Maloney’s community outreach and relations efforts in New York City. She graduated from Columbia University in 2003, where she was... → Learn More

    Mimecast, a startup that offers a email archiving, continuity, and security software has raised $21 million in Series B financing from Index Ventures and Dawn Capital.

    Founded in the UK in 2003 by Peter Bauer and Neil Murray, Mimecast’s cloud based platform extends the capabilities of most in-house email systems by integrating additional storage, archiving, and spam/virus protection. For example, the software could exchange the value of Microsoft Outlook’s email platforms. Mimecast currently has close to 2,500 customers across a range of of industries including financial services, legal, manufacturing and the public sector. The startup claims to have seen triple digit revenue growth in each of the last three years.

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