South African Startup Sendmarc Raises USD 7 M Series A Funding

South African startup Sendmarc  has raised USD 7 M in Series A funding led by Atlantica Ventures, with participation from Allan Gray, E-Squared Ventures, Fireball Capital, Endeavor Catalyst, 4Di Capital, Endeavor Harvest, Alpha Private Capital, and Kalon Venture Partners. Sendmarc has now raised USD 8.5 M since its inception. The South African startup, which has offices in the Netherlands, Argentina, and Canada, intends to use the investment to increase its sales team across Africa, the U.S., Europe and Latin America.

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.