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Avanan Raises $25M To Revolutionize How Businesses Secure Saas Email And Collaboration

by vcaonline.com posted 4weeks ago 16 views
NEW YORK, December 17, 2018-- Avanan, an enterprise security provider for SaaS-based email and collaboration platforms, announced today that it has raised $25 million in Series B funding from existing investors StageOne Ventures, Magma Venture Partners and Greenfield Partners (a TPG Growth investment platform). Avanan’s customer base has increased 10-fold in the last 12 months, protecting over 1M end-user accounts in organizations across all industries, from startups to Fortune 100. Avanan plans to use the new funding to further accelerate its growth.

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