Boston-based General Catalyst invested 70 million Euros, or $79.1 million, in French startup Vade Secure, which has offices in Boston. The company provides email security and predictive email defense.
The round brings the company's total venture funding to $92 million.
The Hem, France-based company will use the proceeds from this round for growth and global expansion and to build and refine its go-to-market strategy. Part of the funds will be invested into the product: its machine learning-based threat detection capabilities as well as its native email security solution for Office 365.
In the U.S., the company counts Cisco, Comcast and others as its clientele. Propelled by the cash infusion, Vade Secure will focus on expanding its customer base stateside.
Georges Lotigier, CEO at Vade Secure, noted that in the Boston area, the company will add 50 to 100 people over the next two years, and the startup is hiring for roles in sales and marketing.
