The French startup, already monitoring one billion email messages, has set plans to enhance cybersecurity ISPs for small and medium businesses.
A report submitted by Market research future (MRFR) suggests that the Email security market will be worth about $6.8 million in 2025.
Vade, a France based threat detection and response platform that currently protects more than 1 billion corporate and consumer mailboxes, has raised more than €28 million from the French government and the Tikehau Ace Capital. With the help of French tech souverainete, a part of the France 2030 project and is operated by Auriga Partners and Bpi France.
The Cybersecurity SaaS program founded in 2009 develops response technology and threat detection with the help of artificial intelligence. The products and solutions it creates protect consumers, businesses, and large organizations from email-borne cyberattacks, including malware/ransomware and phishing attacks.
Latest funding
The latest round of funding will begin the international expansion of the startup’s key markets, situated in North America and different regions of Europe.
The investment will enhance cybersecurity products for internet service providers, MSPs, organizations, and small business providers.
In an interview, the CEO of Vade, George Lotigier, said that “With remote work becoming commonplace, even after the pandemic, cybersecurity is at the top of most companies’ priority list. This latest funding round will help us realize our ambitious plans to significantly grow in markets like North America and Asia.”
In another statement, Executive Director at Tikehau Ace Capital, Francois Lavaste, mentioned that “Managed Service Providers (MSPs) and Managed Security Service Providers (MSSPs) need to have technology that can easily and effectively neutralise the latest threats.”
So, keeping all these things in mind, the future for email marketing security looks quite good, thanks to the efforts that Vade is currently putting in the market.
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