Mimecast scores big dough to push beyond email archiving

Mimecast, which bills itself as a unified email specialist, has $62 million in new Series C funding from private equity firm Insight Venture Partners. The UK-based company plans to build more applications that tap into customers’ unstructured data and boost its presence in North America.

Microsoft Launches Exchange Server 2010 — But Free Competition Looms

Microsoft (s msft) unveiled Exchange Server 2010, which has been in beta testing since April, at its TechEd conference in Berlin today, and showed it working with Outlook 2010.  Exchange 2010 is the company’s latest server technology for on-premise software deployments, but it also incorporates many features aimed at web and online services. It has a new, integrated email archive designed to help companies increase compliance and respond quickly to legal and e-discovery concerns, and there are now previews of voice mails in Microsoft Outlook. It’s also very apparent that Microsoft officials are aware of the new kinds of competition that Exchange is facing. Read More about Microsoft Launches Exchange Server 2010 — But Free Competition Looms