Cloud Computing: Mimecast scores big dough to push beyond email archiving
September 27, 2012
Grazed from GigaOM. Author: Barb Darrow.
Mimecast, which bills itself as a unified email specialist, has $62 million in new Series C funding from private equity firm Insight Venture Partners. The UK-based company plans to build more applications that tap into customers’ unstructured data and boost its presence in North America.
Mimecast which has built a business around archiving and securing Exchange Server email for law firms and other businesses, now has $62 million in fresh Series C funding to build new applications atop its cloud platform…
The latest round brings total funding to about $95 million and was led by private equity firm, Insight Venture Partners, with existing investor Dawn Capital also participating. This new cash brings total funding to a robust $95 million for the London-based company…
Read more from the source @ http://gigaom.com/cloud/mimecast-scores-big-dough-to-push-beyond-email-archiving/