AppRiver - About the company
AppRiver is an acquired company based in Gulf Breeze (United States), founded in 2002 by Joel Smith and Michael Murdoch. It operates as a Cybersecurity solutions for threat prevention, detection, data backup, recovery, and compliance. AppRiver has raised an undisclosed amount in funding. The company has 245 active competitors, including 16 funded and 25 that have exited. Its top competitors include companies like Proton, Egress and Virtru.
Company Details
Cybersecurity solutions for threat prevention, detection, data backup, recovery, and compliance. They offer a comprehensive suite of products and services focused on safeguarding digital assets. Their offerings include email security, endpoint protection, data encryption, and cloud-to-cloud backup. They provide solutions for threat intelligence, security awareness training, and managed detection and response. They also offer services for business communications archiving, availability, recovery, and migration. Their solutions cater to Microsoft environments and managed service providers, emphasizing secure cloud integrations. They provide resources like a cybersecurity blog, webinars, and a resource center. They offer login portals and support for their products. They leverage technologies like Artifical Intelligence, Cloud Based solutions, and SaaS to deliver robust data security and protection.
- Website
- appriver.com
- Registered Address
- Gulf Breeze, Florida
Key Metrics
Founded Year
2002
Location
Gulf Breeze, United States
Stage
Acquired
Latest Funding Round
Ranked
18th among 245 active competitors
Employee Count
247 as on Dec 31, 2019
Investment & Acquisitions
Exit Details
Acquired by Zix (Jan 15, 2019)
Legal entities associated with AppRiver
AppRiver is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
APPRIVER, LLC CIN: 364493897 , United States, Active | Dec 26, 999 | - | 247 (As on Dec 31, 2019) | - |
AppRiver's acquisition details
AppRiver got acquired by Zix on Jan 15, 2019 at an acquisition amount of $275M. It was facilitated by RBC Capital Markets, Simpson Thacher, Kirkland & Ellis and 6 more.
Click here to take a look at AppRiver's acquisition in detail
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AppRiver's funding and investors
AppRiver has raised funding over 1 round.
Here is the list of recent funding rounds of AppRiver:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 2019 | 4254210 | Conventional Debt | 2006024 | 2560456 | 5778098 | 7949271 |
View details of AppRiver's funding rounds and investors
AppRiver's founders and board of directors
Founder? Claim ProfileThe founders of AppRiver are Joel Smith and Michael Murdoch.
Here are the details of AppRiver's key team members:
- Joel Smith: Co-Founder & CTO of AppRiver. They serve on the board of 1 company.Contact Info: 1 email address
- Michael Murdoch: Co-Founder & CEO of AppRiver.
View details of AppRiver's Founder profiles and Board Members
AppRiver's employee count trend
AppRiver has 247 employees as of Dec 19. The total employee count is 6.0% more than what it was in Dec 18. Here is AppRiver's employee count trend over the years:
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AppRiver's Competitors and alternates
Top competitors of AppRiver include Proton, Egress and Virtru. Here is the list of Top 10 competitors of AppRiver, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Proton 2014, Geneva (Switzerland), Seed | Provider of encrypted email, calendar, VPN, password management, and cloud services | $2M | 76/100 | |
2nd | Egress 2007, London (United Kingdom), Acquired | Cloud based platform for email security | $68.9M | 66/100 | |
3rd | Virtru 2012, Washington, DC (United States), Series D | Data security platform for email, files, and apps, powered by OpenTDF | $191M | 64/100 | |
4th | BombBomb 2006, Colorado Springs (United States), Series A | Platform to create, send and track video emails | $3.43M | 63/100 | |
5th | Provider of a platform offering email security solutions | $6.2M | 58/100 | ||
6th | Skiff 2020, San Francisco (United States), Acquired | End to end encrypted email platform | $14.2M | 54/100 | |
7th | Sendmarc 2018, Cape Town (South Africa), Series A | Cloud based email security compliance management tools provider | $8.5M | 53/100 | |
8th | Trustifi 2005, Las Vegas (United States), Series A | Encryption based email security solution | $26M | 53/100 | |
9th | Armorblox 2017, Sunnyvale (United States), Acquired | Provider of security solution for emails | $46.5M | 51/100 | |
10th | EtherMail 2021, Schaan (Liechtenstein), Seed | Offering email for web 3 solutions | $7.3M | 50/100 | |
18th | AppRiver 2002, Gulf Breeze (United States), Acquired | Cybersecurity solutions for threat prevention, detection, data backup, recovery, and compliance | - | - | 41/100 |
Looking for more details on AppRiver's competitors? Click here to see the top ones
AppRiver's Investments and acquisitions
AppRiver has acquired 2 companies including Total Defense and Roaring Penguin Software. AppRiver has not made any investments as of now.Reports related to AppRiver
Here is the latest report on AppRiver's sector:
News related to AppRiver
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Opentext To Acquire Zix In $860 Million Deal Meant To Bolster Microsoft RelationshipBetaKit•Nov 09, 2021•OpenText, Zix, AppRiver, Zix Corp and 2 others
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AppRiver Recognized for Best MSP Support in the 2019 MSP Innovation AwardsBusiness Wire•Jun 11, 2019•AppRiver
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AppRiver’s Balkwell Tapped to Lead European Channel Sales EffortsBusiness Wire•May 14, 2019•AppRiver
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True Wind Capital’s $100 Million Acquisition Of Convertible Preferred Stock Of ZixGlobal Legal Chronicle•Mar 12, 2019•Zix Corp, True Wind, True Wind Capital, AppRiver
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SunTrust Agents $210MM Credit Facilities for ZixABFJournal•Feb 21, 2019•Zix Corp, True Wind, AppRiver
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Zix Closes Acquisition of AppRiver, Creating Leading Cloud-based Cybersecurity Solutions ProviderBusiness Wire•Feb 20, 2019•AppRiver, Zix Corp, ZIX
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AppRiver Acquires Endpoint Security Provider Total DefenseChannelE2E•Oct 10, 2018•AppRiver, Total Defense, Marlin Equity Partners
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