Feeds

UK open source email firm bags VC funding

Logicalware secures £300,000 for development

  • alert
  • submit to reddit

Reducing security risks from open source software

Scottish email management vendor Logicalware claims to be the first UK open source developer to grab a slice of venture capital funding.

The Sigma Innovation Fund and former Demon Internet director and entrepreneur Bill Dobbie have pumped £300,000 into Logicalware.

Logicalware’s Mail Manager product is offered as a hosted service, with the company claiming it is as easy to set up as a Hotmail account. Features include an email search engine, standard reply templates, automatic prioritisation, and the setting and measuring of response targets.

The company will use the influx of cash to develop further features suggested by users, as well as for sales and marketing. Dobbie will now join Logicalware’s board. ®

Related stories

Start-up reckons it can give you twice the processor
Intel overclocks Chinese IT fund with $200m
Northern Ireland gets own VC fund

Mobile application security vulnerability report

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Nadella: Apps must run on ALL WINDOWS – PCs, slabs and mobes
Phone egg, meet desktop chicken - your mother
White? Male? You work in tech? Let us guess ... Twitter? We KNEW it!
Grim diversity numbers dumped alongside Facebook earnings
HP, Microsoft prove it again: Big Business doesn't create jobs
SMEs get lip service - what they need is dinner at the Club
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
prev story

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Reducing security risks from open source software
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.