Vade Secure raises $79M


France- and Boston-based company predictive email defense company Vade Secure has raised €70 million (around $79 million) from General Catalyst. Stephan Dietrich, General Catalyst executive-in-residence, co-founder/CEO of Neolane,  and current Vade Secure board director, will co-invest alongside General Catalyst and remain on the company’s board to serve as chairman.

As part of the financing agreement, General Catalyst investors, Paul Sagan (Former CEO of Akamai Technologies), and Matthew Brennan, will join Vade Secure’s Board.

[Image courtesy: Vade Security]