ArcMail Technology, a Shreveport, La.-based provider of email archiving and management solutions, has raised $3 million in VC funding. Participants included Advantage Capital Partners and the Louisiana Technology Fund.
ArcMail Technology, a leading provider of email archiving and management technologies, today announced a $3 million investment from Advantage Capital Partners, the Louisiana Technology Fund and other investors. This new funding will be used to add staff and implement an aggressive marketing campaign to take advantage of quickly expanding market opportunities and to provide additional support for channel sales and product development.
The Louisiana Technology Fund is a partnership that combines the state's four research parks and Louisiana's CAPCOs. The research parks include the Louisiana Technology Park in Baton Rouge, University of New Orleans Research and Technology Park, University Research Park in Lafayette and InterTech Science Park in Shreveport.
Advantage Capital Partners is a private equity and venture capital firm with offices in New Orleans, St. Louis, Austin and other U.S. cities.
“Email management and archiving are critical for businesses today,” said Todd Gates, CEO of ArcMail Technology. “New legal processes, industry regulations and compliance standards are forcing the issue, and there is increasing understanding that email holds critical business information and should be captured and stored in such a way that it can be easily searched and retrieved.”
ArcMail's flagship product, ArcMail Defender captures all inbound, outbound and internal email using the journaling function of companies' mail servers, which indexes the email header and text information. ArcMail Defender allows easy storage and retrieval giving organizations a simple way to manage email. The appliance operates on the Linux platform and is compatible with MS Exchange, Lotus Notes, Groupwise and more than a dozen other mail servers with SMTP journaling functionality. It is also compatible with Microsoft Active Directory, which allows for automatic user account management.
“This investment supports our understanding that there is a huge market for email management and archiving products, and that solutions like ours are now mission critical to business,” added Gates. “We are pleased to have a community of investors that trust in the strength of this market and our product line. The market has shown that it is ready for reliable, easy to use cost-effective solutions like ArcMail Defender, which is having a tremendous positive impact on our customers' businesses.”
For more information on ArcMail and its solutions, please visit www.arcmailtech.com or call 1-866-417-6495.
About ArcMail Technology
Founded in 2005, ArcMail Technology is a cutting-edge provider of simple, secure, and cost-effective email archiving and management solutions for small and medium-sized businesses. The company's ArcMail appliance is easy to buy, easy to install, and easy to use, and improves the end-user experience, reduces the load on IT resources, and safely and securely retains the business information contained in emails. ArcMail meets the archiving and management requirements of organizations with as few as five users up to many thousands of users. ArcMail strongly believes in the quality of its Defender email archiving systems. It offers a no-obligation 30-day free trial on all its products. The company has a global channel program to help deliver its products to organizations worldwide. ArcMail is headquartered in Shreveport, La., and has development groups in Washington and Arizona. For more information, visit www.arcmailtech.com.