Material Security

Material Security

Cybersecurity solutions for cloud office environments

About

Material Security provides cybersecurity solutions specifically designed to protect cloud office environments. Their products focus on safeguarding sensitive data related to clients' products, employees, and customers. The company offers tools for risk analytics and threat detection, which help identify and reduce potential vulnerabilities in cloud systems. Material Security's approach includes techniques to contain security incidents and protect critical applications, ensuring that threats are detected and addressed promptly. They also automate responses to user-reported issues and provide training using real attack scenarios to enhance user awareness. Unlike many competitors, Material Security is recognized for its user-friendly products and strong support, along with its unique strategies for improving security measures. The company's goal is to enhance the overall security landscape for its clients, making cloud environments safer from various cyber threats.

Company Stage

Series C

Employees

51-200

Industries

Cybersecurity

Total Funding

$157.6M

Headquarters

Redwood City, California

Founded

2017


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Simplify's Take

What believers are saying

  • Material Security secured $100M in Series C funding, reaching a $1.1B valuation.
  • Partnerships with Snowflake and Okta enhance Material's security offerings.
  • Increased demand for integrated security solutions boosts Material's market potential.

What critics are saying

  • Competition from Abnormal Security pressures Material to innovate rapidly.
  • Reliance on partners like Snowflake and Okta poses operational risks.
  • Scaling challenges may arise from rapid growth and recent funding.

What makes Material Security unique

  • Material Security offers innovative data protection for Google Drive and email.
  • The company integrates with Snowflake for enhanced security data management.
  • Material Security focuses on Zero Trust models for email protection post-compromise.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

7%

2 year growth

6%

Benefits

Remote work flexibility

Competitive salary & equity

Health, Dental, & Vision premiums

401k plan

Parental leave & fertility support

Unlimited vacation policy

Reimbursement for your dream home office

Reimbursement for cell phone & internet

Quarterly company offsites

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