Cybersecurity firm EasyDMARC raises $20M Series A

Email security firm EasyDMARC today announced it has raised $20M in a Series A funding round led by New York-based firm Radian Capital. The investment marks a significant milestone for the company, as it continues to expand its operations and strengthen its position in the global email security space. 

First published in 2012, Domain-based message authentication reporting and conformance (DMARC) is a global standard that protects against email spoofing. By verifying the sender's authenticity, DMARC ensures that emails received are truly from the intended source. Since creation, all major email providers have enforced or committed to implementing the protocol for bulk email senders. While adoption has been on the rise, implementation can often be complex when implemented independently.

Originating from Armenia, EasyDMARC is a B2B SaaS company that simplifies the email security and authentication process, making it accessible for businesses of all sizes. This is done through protecting domain and email infrastructure, ensuring emails sent from a domain are legitimate. This helps prevent phishing attacks while improving overall email deliverability. 

With this funding round, EasyDMARC plans to fuel global expansion by investing in its team and technology. The company will expand its teams across all business functions and enhance existing product offerings to deliver a seamless experience for its enterprise clients worldwide, helping them meet the growing demands of regulatory compliance.

Additionally, the company will strengthen its channel partner ecosystem across Europe, the UK, the US, and APAC, providing its MSP partners with additional resources and streamlined processes to better serve their end-customers.

Since its founding in 2018 by Gerasim Hovhannisyan and Avag Arakelyan, EasyDMARC has experienced exponential growth, amassing over 83,000 customers in more than 130 countries. The funding round also highlights growing momentum of the Armenian startup ecosystem, which has been attracting increased attention from global investors. EasyDMARC's growth is a testament to the talent and innovation emerging from this vibrant tech ecosystem, where the tech industry is now the country's fastest-growing sector.

Commenting on the funding round, Dana Sadovnic, Principal at Radian Capital said: "EasyDMARC is poised to capitalise on a massive and largely untapped market opportunity, driven by generational tailwinds from Google and Yahoo’s regulatory announcements and rising phishing attacks. The overwhelming market interest in EasyDMARC underscores the value of its sophisticated product suite, which enables companies to effectively configure, manage, and monitor DMARC security protocols throughout their lifecycle. We’re thrilled to partner with EasyDMARC for this journey."

Serdar Melez, Senior IT System Engineer at Teamviewer, a customer of EasyDMARC, said: “EasyDMARC’s recent investment underscores the growing recognition of their pivotal role in shaping enterprise email security. By integrating their advanced DMARC solutions, we enhance our defenses against outgoing phishing, spoofing, and other email threats, reinforcing our ongoing commitment to maintaining the highest standards of email security.”

With offices in the US, Netherlands, and Armenia, the company delivers has built an international client network who value defense for their email ecosystem.