Open-Xchange raises $25 million to expand privacy-focused email service
Open-Xchange, a longtime provider of white-label email that jumped into the consumer space this past year, has raised $25 million to continue expanding its services that offer a different balance between privacy and advertising.
The round was led by Iris Capital and included current investors such as eCapital. The company said the investment will be used to expand Open-Xchange’s headcount, which now stands at 250 people, as well as to continue to develop its products and services.
Founded
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