Endeavor South Africa has announced the second investment of its fund, Harvest venture Capital II, into South African startup, Sendmarc. Endeavor South Africa is a non-profit organization that identifies and supports innovative, high-impact entrepreneurs in emerging markets to expand.
Kalon Venture Partners, a South African-based venture capital firm, led this latest funding round to build Sendmarc’s cybersecurity business in South Africa and beyond. It is a follow-on injection from their initial investment in January last year.
Sendmarc provides security and protection to businesses and their customers from malicious attacks on the internet such as impersonation assaults or email spoofing and prevents scammers from stealing domain names and sending phony emails and messages.