San Mateo based startup Agari which was founded 9 years ago to build and develop internet scale security solutions which prevents cyber-attacks on e-mails has now raised a huge $40 million in a huge Series E round led by notable investment firm Goldman Sachs with participation from other top tier security firms including Battery Ventures, Greylock, First Round Capital along with 3 other investment firms.

This investment brings the total raised by the cybersecurity company to a huge $88 million and is a move which will see Goldman Sachs female technology investor joining the board of the company representing the Goldman Sachs growth (GS growth) startup investment vehicle.

This new influx of capital will be used for the rapid international expansion of Agari’s services across the continents of Europe and Asia for the Bay Area headquartered company which currently counts a host of notable customers including Air Canada, Electronics retailer Dixons Carphone, Facebook, Microsoft, Google and a team of other customers including several U.S. government organizations.

In addition to this, The company will also now dedicate more resources to the development of its AI based Agari Email Trust Platform which provides security services to various enterprises and customers who make use of it to fend off targeted attacks and boost up information security whilst also driving digital engagement using its products.

This investment represents a huge boost and confidence of investors in the company’s operations amidst a very hot cybersecurity investment market where several startups have recently raised big bucks.

Agari now joins the growing list of cybersecurity technology firms which have garnered huge funding from a various number of investors including competing cybersecurity firms Cylance and CrowdStrike which raised a total of $320 million between them to expand its AI cybersecuity services during the course of this week. 

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