# VirtualConnect Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/virtualconnect-technologies

- Industry: Software
- Headquarters: Greenville, US
- Website: www.mailprotector.com
- Total disclosed funding: $5M
- Latest round: Series A (Mar 5, 2020)
- Investors on record: 1

## About

VirtualConnect Technologies, Inc. provides advanced zero trust email security solutions tailored for Managed Service Providers (MSPs), helping them safeguard against evolving cyber threats such as phishing and impersonation attacks.Founded in 1999 and headquartered in Greenville, US, VirtualConnect Technologies, Inc. specializes in email security solutions. The founders, David Setzer and Prashant Tanwar, built the company with a focus on protecting email communication. In March 2020, the company raised USD 5 mn in Series A funding led by Ballast Point Ventures, which has been the total amount raised. The company has launched innovative solutions since its inception, with the flagship product released in 2000.Mailprotector specializes in zero trust email security solutions designed specifically for Managed Service Providers (MSPs). The core offering focuses on a patented email filtering system that operates on a zero trust model, ensuring that all incoming emails are scrutinized before gaining access to users’ inboxes. This innovative approach is aimed at mitigating the rising threats posed by AI-driven phishing and impersonation attacks. Released in 2000, the company has expanded its solutions to serve a diverse clientele, including MSPs across various industries that require robust email security to protect sensitive communication. Mailprotector's customer base spans multiple geographical markets, with a strong presence in North America and Europe, where the demand for effective email security measures continues to grow.Mailprotector generates revenue primarily through subscription-based models that cater to MSPs and other organizations seeking comprehensive email security solutions. The typical transaction structure involves annual or monthly subscriptions, allowing clients to access the full suite of services, including advanced email filtering and dynamic security insights. Customers typically engage with Mailprotector through partnerships, integrating these services into their own offerings to enhance email security for their end-users. The flagship product, which embodies the zero trust email security framework, provides clients with an array of protective features while simplifying the user experience. Specific pricing plans are structured to align with the varying needs of different organizations, ensuring that customers can select tailored options that fulfill their email security requirements effectively.In March 2020, VirtualConnect Technologies, Inc. raised USD 5 mn in Series A funding, which will support the development of upcoming products and the expansion into new geographic markets. The company plans to enhance its product offerings focusing on advanced features to mitigate email security threats and aims for increased market penetration in Europe and North America by 2025. The recent investment will facilitate these initiatives, allowing the company to strengthen its operational capabilities and customer support.

## Funding rounds

- Series A, Mar 5, 2020, $5M — Ballast Point Ventures

## Investors

- Ballast Point Ventures (https://capitalatlas.ai/funds/ballast-point-ventures) — Series A