Email Security Specialist GreatHorn Locks in $13 Million Investment

Email security specialist GreatHorn has raised $13 million in a funding round led by RRE Ventures and .406 Ventures. Existing investors Techstars Ventures, V1.VC, and Uncork Capital also participated in the round, which boosts the firm’s total capital to $21.8 million.

GreatHorn said it will use the new capital to continue its innovation in the email security space. The company offers organizations a 100%, cloud-native platform designed specifically to defend email systems before, during, and after an attack. The technology’s proactive approach blends integrated threat detection, in-the-moment user education, and comprehensive incident response to combat threats ranging from credential theft and email compromise to ransomware and phishing.

“As we continue to meet customer demand and drive the market,” GreatHorn CEO Kevin O’Brien said, “we remain fundamentally interested in redefining email as a secure system for all users, and ensuring that organizations who have adopted cloud email platforms are not relying on outdated perimeter controls or simple user education to protect their most critical assets.”

GreatHorn’s funding news comes as the company celebrates its third consecutive year of 3x revenue growth, as well as its “rapid expansion into the enterprise market.” RRE Ventures General Partner Raju Rishi praised GreatHorn as being among the “category-defining businesses” the firm prefers to invest in. He credited the company for providing an overhaul in the way that organizations think about protecting their email systems.

“GreatHorn has delivered a platform that comprehensively protects enterprises against the rising sophistication of today’s threats,” Rishi said. “We’re excited to support GreatHorn as the company that continues to build upon its current innovation and grow in the enterprise space.”

Founded in 2015, GreatHorn demonstrated its inbound email security platform at FinovateFall 2017. More recently, the Waltham, Massachusetts-based company was awarded a patent for a new method for detecting email impersonation. GreatHorn began the year with news that its latest version was now enabled to detect credential theft involving Microsoft Office 365 and Google G Suite.

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This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

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This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

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This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

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This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

GreatHorn Unveils Comprehensive Email Security Solution for the Enterprise

Cloud-based email security specialist GreatHorn announced a major expansion of its flagship solution, GreatHorn Email Security, transforming it into a comprehensive platform to defend institutions against email-borne threats from time of delivery to post-delivery.

The new addition, GreatHorn Mailbox Protection, gives users immediate, ready access to relationship and risk data to help them when interacting with their email messages. The solution lets users know the strength of their relationship with the sender, the date of their last outbound communication with the sender, the likelihood that the sender is from the domain they say they are, and the relative risk of any embedded links within the message.

Chris Fraser (VP of Strategic Accounts and Founding Team Member) and Sean Varga (Senior Account Executive) demonstrating the GreatHorn Inbound Email Security platform at FinovateFall 2017.

“The security industry continues to treat users as the ‘weakest link’ in their security practices, rather than as intelligent, informed, and vital parts of a true security posture,” CEO and co-founder of GreatHorn Kevin O’Brien explained. In contrast, GreatHorn’s solution turns this conventional wisdom on its head, empowering “end users to take action from the front lines” to fight malicious email messages.

The solution also enables users to confirm and quarantine email phishing attempts, build personal sender block lists, and easily tag spam email and transfer it to the trash. Currently in beta, GreatHorn Mailbox Protection will be available soon through the Microsoft Office and Google Chrome Web stores.

“GreatHorn is known for industry-leading phishing protection,” O’Brien said in discussing the new comprehensive platform. “With GreatHorn Email Security, we have expanded that protection to offer enterprises a truly comprehensive email security platform, tuned to safeguard them from the full range of today’s advanced email-borne threats.” O’Brien added that, as the “most critical business communication system in existence,” email deserves “best in-class protection, not just a small point solution, plug-in, or add-on.”

GreatHorn demonstrated its Inbound Email Security platform at FinovateFall 2017. The company leverages machine learning and automated response technology to spot and counter highly targeted, malicious message-based threats before the damage takes place. The platform’s security is provided without the need for major overhead, traditional network routing solutions, or perimeter blocking.

This fall, GreatHorn announced a new partnership with dmarcian, a North Carolina-based firm that specializes in DMARC accessibility for businesses. DMARC is an email security protocol that defends against phishing, social engineering, and other impersonation-based cyberattacks. And while widely adopted by the federal government agencies, the private sector has been to embrace DMARC, with adoption rates of 21%.

“Corporate email not only serves as a company’s lifeblood, but also as a brand ambassador as workers connect with the outside world,” dmarcian CEO Tim Draegen explained. “Yet we have to recognize that universal deployment of DMARC will take years to achieve. That’s why it’s so critical for organizations to use GreatHorn to protect their email from external domain spoofs and impersonations, as well as non-authentication-related threats.”

GreatHorn has raised $8.8 million in funding, and includes TechStars, ff Venture Capital, Uncork Capital, and .406 Ventures among its investors. The company is headquartered in Belmont, Massachusetts, and was founded in 2015.

Finovate Alumni News

On Finovate.com

  • GreatHorn Unveils Comprehensive Email Security Solution for the Enterprise.

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This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

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This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

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This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

FinovateFall Sneak Peek: GreatHorn

A look at the companies demoing live at FinovateFall on September 11 through 14 in New York. Pick up your tickets today and save your spot.

Targeting phishing is the most successful cyberattack type in the world – and the fintech industry is a high-value target. GreatHorn will present Inbound Email Security: automated attack protection.

Features

  • Stops damaging and difficult-to-detect targeted email attacks
  • Built with a cloud-native architecture that deploys in less than five minutes
  • Continuously monitors all mailboxes (unlike single-point-in-time gateway solutions)

Why it’s a must-see
GreatHorn protects email users from targeted attacks by automatically detecting and stopping spear phishing attacks, malware/ransomware, and other types of malicious email that targets employees.

Presenters

Chris Fraser, VP, Strategic Accounts
Fraser is a founding member of GreatHorn and serves as its VP of Strategic Accounts, where he helps enterprises create cybersecurity strategies related to their cloud communication ecosystems.
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Sean Varga, Senior Account Executive
Varga has a decade of experience in enterprise software, specializing in cybersecurity. Prior to joining GreatHorn, he held positions at RSA Security and Veracode (acquired by CA Technologies).
LinkedIn