Red Sift raises $54m in Series B funding led by Highland Europe to scale globally
The cybersecurity firm will use the capital to open a US headquarters and expand its product suite.
≈ £40.4M at $1 = £0.7478 on 24 Feb 2022
Red Sift provides an integrated cloud email security and brand protection platform that helps organisations defend against cyber threats.
London-based cybersecurity provider Red Sift has secured $54m in Series B funding to accelerate its international expansion and platform development. The investment was led by Highland Europe, with participation from Sands Capital, Oxford Capital, and MMC Ventures.
The capital will support the opening of a new US headquarters in Austin, Texas, alongside growth initiatives across Europe, the Middle East, Asia Pacific, and a recruitment drive across all departments. Sam Brooks of Highland Europe and Michael Graninger of Sands Capital will join the company board as part of the transaction.
Founded in 2015, Red Sift offers integrated tools including OnDMARC, OnINBOX, and OnDOMAIN to protect businesses from phishing and domain impersonation.
From the founder
"To be a genuine partner to our customers, we must help them protect against multiple interconnected threat vectors. As a result, we built a platform that enables rapid iterations across multiple products that all share a solid, enterprise-ready foundation. We are grateful for the support of our investors to scale our platform and deliver even more value to our customers."
Rahul Powar
CEO at Red Sift
Investor perspective
"We’ve been impressed by the technical prowess and commercial momentum achieved by Rahul, Randal and their team in a short time and are delighted to have the opportunity to partner with them."
Sam Brooks
Partner, Highland Europe
Use of funds
- 01Expand into international markets
- 02Grow the team
- 03Continue product development
