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Email security firm Red Sift raises $54 mn

Red Sift, a provider of email security and brand protection platform, has raised $54 million in Series B funding.
Dollar spending on technologyVenture Capital firm Highland Europe led the round with participation from new and existing investors, including Sands Capital, MMC Ventures, and Oxford Capital Partners.

The new investment brings Red Sift’s total funding raised to $69.8 million.

Red Sift will use the VC funding to accelerate its global expansion with plans for a new US headquarters in Austin, Texas, and growth initiatives across the Asia Pacific, Europe, and Middle East regions. Red Sift is hiring across all departments.

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