xorlab raises €5 million Series A+ for sovereign email security
xorlab is expanding a behavioral email-security platform designed for European organizations with demanding data-control requirements.
Existing investor Spicehaus Partners led the round, with Grapha Holding, EquityPitcher Ventures and ZKB Start-up Finance participating. The company plans to expand across DACH, Benelux and the Nordics.
xorlab detects suspicious email using an organisation’s communication patterns and offers European control over customer data and infrastructure. The company says six of Switzerland’s ten largest banks use its platform.
Use of funds
Expand across Europe, starting with DACH, Benelux and the Nordics
Build the sovereign email-security platform