Kalon Venture Partners makes follow-on investment
South African venture capital firm Kalon Venture Partners has announced its follow-on investment in cyber-security email protection and compliance business, Sendmarc.
Sendmarc was launched in 2018 by Sam Hutchinson, Keith Thompson and Sacha Matulovich. These key founding members were the pioneers in identifying a need for a safer and more secure email environment for small to large companies.
Sendmarc provides the setup, implementation and reporting functionality for a global email protection standard known as DMARC. This protocol is designed to give email domain owners the ability to protect their domains from unauthorised use, such as impersonation attacks or email spoofing. By accelerating the implementation of DMARC, Sendmarc enables organisations to protect not only themselves but their customers, suppliers and the whole world from impersonation attacks on the implementing organisation’s domain.
Sam Hutchinson, CEO of Sendmarc said, “We welcome the support and continued commitment of Clive Butkow and the Kalon team. Sendmarc looks forward to further expanding our team and scaling the Sendmarc business into global markets.”
Kalon Venture Partners CEO, Clive Butkow commented: “Kalon’s strategy is to invest in the best teams building innovative scalable technology. The Sendmarc team ticks all of these boxes; they continue to show exceptional leadership ability while building on outstanding tech innovation and showing exceptional growth in revenue.”
Butkow continued, “This follow-on round, is testimony to the Sendmarc team’s ability to deliver a solution solving a large problem across industries. Sendmarc is the solution that makes the internet a safer place and prevents phishing and spoofing which reduces the cloning of emails for malicious intent.”
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