Material Security
Material Security sells cloud-native email and SaaS data security software that protects sensitive content in Google Workspace and Microsoft 365 for enterprises.
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.
