VCs Funding Anti-Spam Software

By Deane Barker on July 23, 2003

Anti-spam start-ups cash in as junk e-mail grows: Anti-spam software is the new darling of venture capital.

“Venture capitalists are pumping big bucks into start-ups that make anti-spam software. … VCs poured at least $54.4 million into e-mail management software — including anti-spam software — last year. That was up 65% from the year before, even as overall funding fell…”