Material Security offers a cloud-based zero-trust security suite that protects email accounts (including Microsoft and Google email) even after breaches occur. Its Leak Prevention feature automatically redacts sensitive content from messages while allowing users to access originals via existing identity-protection apps. The product deploys in about 30 minutes and can be exclusively managed by the customer. Founded by former Dropbox technologists after the 2016 Election Hack, the company counts government agencies, major corporations and high-profile individuals among its customers. Referenceable customers include Chubb, Compass, Roblox, Brex, Lyft, Mars, Databricks and DoorDash. The company announced plans to scale sales and marketing, extend the product into new areas including a larger government footprint, and expand internationally. Material positions itself as a specialized defense for the most targeted organizations and personalities. Material Security offers a product suite that provides admin visibility and control, leak prevention, account takeover prevention, and phishing herd immunity to protect mailboxes before, during, and after compromise. The company launched its full product suite in 2020 and emphasizes real-time message search and one-click remediations backed by robust data infrastructure. Material reports a 472% growth in revenue since launch and has nearly quadrupled its customer base. Founded in 2017 and headquartered in Redwood City, Material positions itself as a zero-trust extension for email to defend against large-scale breaches. The company says its tools block attackers from stealing archives, resetting passwords, and enabling organization-wide phishing propagation. Material plans to use new capital to expand operations into additional geographies and to aggressively increase R&D.

Total raised

$140M

Funding rounds

2

Latest round

Series C

Latest activity

May 2022