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ForgePoint Capital led a $25m Series D round in Area 1.

Synopsis

ForgePoint Capital led a $25m Series D round in Area 1, a preemptive email security company, along with current investors Kleiner Perkins, Icon Ventures and Top Tier Capital. "While email continues to be the predominant business collaboration application, innovation in Email Security has stagnated. We've seen damage from email security failures climb to outrageous heights over the past few years, with little indication of slowing down. Area 1's preemptive approach and a performance-based business model position the company to lead this rapidly growing market and disrupt legacy incumbents who have failed their customers time and again," Alberto Yepez, ForgePoint Capital Co-Founder and Managing Director.

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