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Balderton, Accel Lead Tessian A Round

Tessian, the UK-based machine intelligence start-up attempting to transform the way enterprises secure email, today announced that it has raised $13 million (£9 million) in a Series A round led by Balderton Capital and existing investors, Accel. Amadeus Capital Partners, Crane, LocalGlobe, Winton Ventures and Walking Ventures also participated in the round. Tessian's founders, Tom Adams, Ed Bishop and Tim Sadler, met as engineering students at Imperial College before they started their careers in investment banking for some of the world's largest financial institutions. It was while working in finance that they saw a gap in the market to protect companies against the problem of highly sensitive information...