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BlackSpider secures €6.6 million investment

7 January 2004 13:58
By Tornado Staff

BlackSpider Technologies, a provider of managed e-mail security solutions, announced that it has secured a €6.6 million investment from Cazenove Private Equity to fund its European expansion.

“The investment by Cazenove Private Equity strengthens our ability to expand into Europe,” said John Cheney, CEO of BlackSpider. “We have developed a solution to stop e-mail-borne spam and viruses that is scalable and multi-lingual, enabling us to address the full range of enterprises’ requirements. We are looking forward to working with the Cazenove team.”

BlackSpider is a privately owned company headquartered near London in the UK. Jamie Hutchinson, Investment Director at Cazenove, will join the company’s board of Directors.

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