# Red Condor

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/red-condor

- Industry: IT Security/Cybersecurity
- Headquarters: Rohnert Park, US
- Website: www.redcondor.com
- Total disclosed funding: $8.5M
- Latest round: Series A (Aug 8, 2007)
- Investors on record: 3

## About

Red Condor is a cybersecurity company specializing in integrated email threat detection and protection solutions, enhancing security for organizations across various sectors.Founded in 2003 in Rohnert Park, US, Red Condor provides advanced email security solutions. In August 2010, the company was sold to EdgeWave for an undisclosed amount. Red Condor has completed a total of four deals, with the latest funding round being a Series A, raising USD 5.70 mn from investors including ATA Ventures Management and RWI Ventures.Red Condor specializes in cybersecurity solutions focusing on email threat detection and protection. Their primary offering includes comprehensive email security services that mitigate risks associated with email communications, catering to diverse clients in the public and private sectors across North America, Europe, and Asia.Red Condor generates revenue through a subscription-based model for its email security services, establishing ongoing contractual agreements for continuous monitoring and management of email threats. Their pricing structure accommodates tailored packages based on specific client needs, enhancing revenue predictability.Red Condor aims to enhance its service offerings with the launch of new email security products by mid-2023, targeting an expansion into the European market by the end of 2024. The recent funding from the Series A round will be utilized to support product development and bolster marketing efforts for these new initiatives.

## Funding rounds

- Series A, Aug 8, 2007, $5.7M — ATA Ventures Management, RWI Ventures
- Series A, Jun 1, 2007, $2.8M — ATA Ventures Management, RWI Ventures, Keegan & Coppin Company, Inc.

## Investors

- ATA Ventures Management (https://capitalatlas.ai/funds/ata-ventures-management) — Series A
- RWI Ventures (https://capitalatlas.ai/funds/rwi-ventures) — Series A
- Keegan & Coppin Company, Inc. — Series A
