French predictive email defense company Vade Secure has secured a 70 million euros ($79 million) investment through a financing agreement with U.S. venture capital firm General Catalyst.
Vade Secure will use the new funds to boost its growth and global expansion, with a focus on building out a go-to-market strategy focused on servicing business customers through managed service providers.
Additionally, the company will also allocate the new funds towards advancing the platform's core machine learning-based threat detection capabilities and its native email security solution for Office 365.
Vade Secure, which has approximately $5 million in revenue annually, has secured a total of $90.3 million in over 2 funding rounds.