NY-Based Start-Up mxHero Raises $1.25 Million

mxHero, Inc., launched in 2012,
has created a secure platform for developing and deploying email
applications on top of any major email system, including Gmail,
Microsoft, Zimbra and Lotus.

The
platform is scalable and offers an integrated application store and
administrative dashboard capabilities plus individual apps.

Despite
challenges from new messaging and collaboration technologies, email
remains dominant. In fact, the number of worldwide email accounts is
expected to increase to nearly 4.9 billion by year-end 2017, according
to the Radicati Group.

"Companies and individuals don’t want to abandon email. What they want is more control and more innovation," says Alexis Panagides, CEO and co-founder, mxHero. "We
intend to use the funding to work closely with the leading app stores
and marketplaces and to launch a number of power-user Gmail extension
capabilities and unique cloud storage and security integration apps
later this year."

The company serves 90,000 users on Google Apps Marketplace and more than 350,000 users worldwide. It recently expanded its offering to AWS marketplace.

"mxHero’s story and rapid international adoption are a great testament to the truly global nature of today’s technology industry," said Christian Hernandez, managing partner, White Star Capital, and former director of international partnerships, Facebook. "The
world class team and accelerating rate of adoption across a number of
platforms and languages are what attracted us as an investment partner."

mxHero’s
new Professional Edition has more than 25 apps that improve business
user and IT admin experience in areas of personalization, security,
monitoring and cloud file management. Some of the most popular apps
enable users to send massive attachments, create read-once
self-destructing emails and prevent blind copy distribution.

mxHero also announced the establishment of a board of advisors with email, technology and strategy experts.

The company’s advisors include:

Joshua Baer, serial email entrepreneur and chief innovation officer, Return Path,
Stephen Singam, chief enterprise security technologist, HP AsiaPac, and
Art Mikhlin, former SVP of strategy and corporate development, Adify.

"Email is still the backbone of person-to-person communications, and that isn’t changing any time soon," says Baer, Return Path. "Server-side
email platforms are more important because developers have less control
over the client side experience. mxHero is uniquely positioned to fill
this gap."

This is the second email start-up for mxHero’s founding team of Alex Panagides, Bruno Santos, Marcelo Marmol and Marcelo Correa,
who have worked together for more than a decade. They launched mxHero
in the Brazilian enterprise market and on Google Apps Marketplace in
early 2012. mxHero then moved to the US and was selected to participate
in the 2012 summer class of New York-based Entrepreneurs Roundtable Accelerator.

"We
believe mxHero is coming to the rescue of email, helping to solve many
of the pressing problems plaguing millions of users and inboxes around
the world daily," said Charles Kemper, MD, Entrepreneurs Roundtable Accelerator. "We are excited to see the next stage of their development as they roll out these products to enterprises everywhere."