SAN FRANCISCO, Feb. 20, 2018 /PRNewswire/ -- Valimail today announced that its annual revenue tripled in 2017 as a result of being first to market with a cloud-based service that provides fully automated email authentication. Last year, the company added more than 50 global brands and public sector clients, enabling these companies to protect their brands with email authentication and get to enforcement in an average of 100 days. These customers include Yelp, Uber, Fannie Mae, Pure Storage, WeWork, MongoDB, and Time Warner.
"We've turned email authentication from a painful, manual process that over 70 percent of organizations fail to complete into a turnkey, automated solution that can be implemented within days," said Alexander García-Tobar, the CEO and co-founder of Valimail. "When our customers implement Valimail, they can easily ensure that only authorized senders can use their domain names in email messages. This shuts down virtually all email impersonation and protects the organization's brand."
In 2017, Valimail continued to build its market momentum by expanding globally and forging key business development relationships to make its services more widely available. As a result, the company made the following accomplishments during 2017:
"Valimail's growth shows that email authentication is a must-have in the fight against cyber threats," said Jason Pressman, managing director at Shasta Ventures and Valimail board member. "With more than 100 million domains and other devices needing authentication, the market potential is enormous. We're honored to partner with Valimail as they help businesses stop email fraud and protect their customers."
In the past year, email authentication through DMARC (Domain-based Message Authentication, Reporting, and Conformance) has won global support. More than 76 percent of mailboxes worldwide check and enforce DMARC policies for inbound email, and the number of domains that publish DMARC policies has tripled in the past 12 months, to more than 240,000.
"DMARC's growth has been propelled by the clear value it provides, as well as the FTC's recent recommendation that businesses use DMARC, and by the DHS mandate that U.S. federal agencies deploy DMARC in 2018," said García-Tobar. "For businesses, DMARC at enforcement is rapidly becoming de rigeur. It is now a component of basic Internet security, like HTTPS and firewalls. We're proud and humbled to be part of this global movement."
The Valimail email authentication service, Valimail Enforcetm, helps companies manage their ever-shifting email infrastructures by automating the process of authorizing senders. Valimail is the only vendor to guarantee that customers will get their DMARC records to an enforcement policy.
For further information on Valimail's product offering, please contact [email protected], or for partner and reseller opportunities, write to [email protected].
About Valimail
Valimail provides the first and only truly automated email authentication solution for brand protection and anti-fraud defense. Valimail's patented, standards-compliant technology provides an unrivaled one-click solution for DMARC enforcement to stop phishing attacks, increase deliverability, and protect organizations' reputations. For more information visit www.Valimail.com.
MEDIA CONTACT:
Dylan Tweney, Head of Communications, Valimail
650-315-9607
[email protected]
SOURCE Valimail
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