Mimecast Raises $62M For Microsoft Exchange And Office 365 Cloud-Based Email Management System | TechCrunch

Mimecast, a startup that offers a email archiving, continuity, and security software for Microsoft Exchange and Office 365, has raised $62.15 million in Series C funding led by private equity firm, Insight Venture Partners, with existing investor Dawn Capital also participating. This brings Mimecast’s total funding to over $80 million.
Founded in the UK in 2003 by Peter Bauer and Neil Murray, Mimecast’s cloud based platform extends the capabilities of Microsoft’s email systems by integrating additional storage, archiving, and spam/virus protection. Mimecast’s integrated security settings that the user can configure on a ‘per-email’ basis before pressing send, and real time archive search.
Mimecast currently has close to 6,000 customers (and 1.5 million users) across a range of of industries including financial services, legal, manufacturing and the public sector. The startup claims to have seen 50 percent year on year revenue growth in six of the past nine years.  TechCrunch