Sendio Receives $4 Million in Funding From KH Growth Equity Fund.Anti-Spam Pioneer Makes Email Security Fast and Easy So Businesses Can Protect the Integrity of Their Messaging Networks IRVINE, Calif. -- Sendio (www.sendio.com), an enterprise email security company enabling businesses of any size to block all forms of unwanted email, viruses, phishing Pronounced "fishing," it is a scam to steal valuable information such as credit card and social security numbers, user IDs and passwords. Also known as "brand spoofing," an official-looking e-mail is sent to potential victims pretending to be from their ISP, bank or retail establishment. and botnet attacks through a Hardware-as-a-Service (HaaS) system, today announced that it has completed a $4 million round of private equity funding Equity funding An investment consisting of a life insurance policy and a mutual fund. The insurance policy is paid by the collateral value of fund shares, giving the investor the advantages of insurance protection with the growth potential of a mutual fund. from KH Growth Equity Fund. Sendio has developed the award-winning I.C.E. Box service appliance that enables enterprises to easily deploy and manage an integrated suite of premise-based and hosted services across the Internet to update, monitor and manage their email messaging security. This $4 million investment will be used to accelerate the company's growth, enhance product development, and expand sales and marketing efforts. "With the rapid increase in spam E-mail that is not requested. Also known as "unsolicited commercial e-mail" (UCE), "unsolicited bulk e-mail" (UBE), "gray mail" and just plain "junk mail," the term is both a noun (the e-mail message) and a verb (to send it). , and the limitless opportunities for exploitation inherent in the Internet and SMTP (Simple Mail Transfer Protocol) The standard e-mail protocol on the Internet and part of the TCP/IP protocol suite, as defined by IETF RFC 2821. SMTP defines the message format and the message transfer agent (MTA), which stores and forwards the mail. mail servers, Sendio is set to become an essential solution to solving this problem once and for all," says Kelly Anderson, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Sendio. "We are very pleased by the support of KH Growth Equity Fund. Since we released the I.C.E Box 3.0 in 2006, we have already built a loyal user base of more than 150 businesses across several vertical industries with positive endorsement from customers, and we were recently named as Product of the Year by Government Computing News." Prior to Sendio, it was not easy for businesses to secure their email systems. The burden was on IT managers to spend hours of their valuable time adjusting filtering appliances and cleaning up quarantined quar·an·tine n. 1. a. A period of time during which a vehicle, person, or material suspected of carrying a contagious disease is detained at a port of entry under enforced isolation to prevent disease from entering a country. emails -- many of which were legitimate messages. Sendio enables a surefire approach to blocking unwanted email which is fast to deploy, easy to use and requires no administrative burden to the IT organization. "We are very excited to be involved with Sendio at a time when businesses are poised to benefit from the Sendio messaging security solution," according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Klaus Koch Klaus Koch (born 1926) is an Old Testament Scholar with major contribution to the growth of Biblical Studies. A pupil of Rev. Dr. Gerhard von Rad, Old Testament scholar at the University of Heidelberg, Koch began his career as a professor at the University of Kiel. , Managing Partner with KH Growth Equity Fund. "The demand for next-generation email security continues to grow exponentially. We have already seen the solution in action with key customers, and Sendio is pioneering the next wave to become the premier messaging integrity solution on the market." About Sendio Founded in 2004, Sendio is an Enterprise Messaging Security company supporting businesses that depend on the email experience as a key productivity tool for employees and a primary communication link to their customers. Sendio is fast becoming the premier messaging integrity solution in the market. About KH Growth Equity Fund, L.P. The KH Growth Equity Fund is a Los Angeles-based investment fund that makes growth equity investments in rapidly growing private companies that generate annual revenue of $2 million to $25 million. The fund focuses on companies with proven products and services and an established customer base. The Fund is led by Jay Ferguson There are several persons called Jay Ferguson:
|
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion