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Material Security
Material Security protects email accounts and the sensitive data stored in them, even after an account is compromised or a malicious message gets through. It connects through Microsoft 365 and Google Workspace APIs and is sold to enterprises as a cloud-based security product. Customers named in 2022 include Chubb, Compass, Roblox, Brex, Lyft, Mars, Databricks and DoorDash. In May 2022 the company raised a $100M Series C led by Founders Fund at a $1.1B valuation, bringing total funding to about $166M. It plans to extend protection to content stores such as Google Drive, Dropbox and Slack.
Funding
Every round, secondary, debt facility or acquisition involving Material Security that Lounge tracks, newest first.
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