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20th September 2019

Red Sift announces $8.8m funding led by MMC

Red Sift, the cognitive data platform that provides cloud-based email security solutions, has closed a $8.8m investment round from research-led VC  MMC Ventures. New investor In-Q-Tel, Inc. (IQT) the US not-for-profit strategic investor, also invested alongside existing investors, White Star Capital and Oxford Capital. The news of the Series A funding comes as Red Sift plans to expand into the US and makes its latest product, OnINBOX, publicly available.

Founded in 2015 by Rahul Powar and Randal Pinto, Red Sift is a data-driven cybersecurity business that uses machine learning to analyse and synthesise data from core business processes, such as email, to help its global customer base better manage its online security. 

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