Stealthy email security startup Agari has raised $2.5 million in Series A funding led by Alloy Ventures with participation from Battery Ventures, First Round Capital and Greylock Partners.
Agari’s technology, which was developed by former IronPort/Cisco employees, assesses, visualizes, and protects against email threats to brands, such as phishing and other fraud. The startup collects terabytes of data to figure out what are the legitimate online identities in email and which ones consumers shouldn’t see in first place. The startup partners with email companies and senders to make sense out of what the company calls the ‘wild west of email.’
The company will use the funds to scale its cloud- based Email Trust Fabric to protect brand reputation, eliminate email threats, and prevent the loss of sensitive data. Agari developed its Email Trust Fabric to provide real-time processing of 1.5 billion messages daily to protect major brands in the Financial, E-Commerce, and Social Media sectors at more than a billion consumer mailboxes.
The company’s product will be widely released later in November.