Material Security

Material Security

Cybersecurity solutions for cloud office environments

About Material Security

Simplify's Rating
Why Material Security is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Cybersecurity

Company Size

51-200

Company Stage

Series C

Total Funding

$157.6M

Headquarters

Redwood City, California

Founded

2017

Overview

Material Security offers cybersecurity solutions that protect cloud office environments by safeguarding sensitive data related to clients' products, employees, and customers. Their tools focus on risk analytics and threat detection, helping to identify and reduce vulnerabilities while employing defense-in-depth techniques to limit the impact of security incidents. The company distinguishes itself from competitors through its user-friendly products and strong customer support, receiving positive feedback from the security community. The goal of Material Security is to enhance the security landscape for its clients, ensuring their cloud environments are safe from cyber threats.

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Significant Headcount Growth
Simplify Jobs

Simplify's Take

What believers are saying

  • Material Security's partnership with Snowflake enhances data integration and security posture management.
  • The $100 million Series C funding round supports expansion and innovation efforts.
  • Growing demand for Zero Trust security models aligns with Material Security's approach.

What critics are saying

  • Increased competition from Abnormal Security could pressure Material Security to innovate rapidly.
  • Dependency on Snowflake's infrastructure may pose integration challenges and risks.
  • Focus on Google Workspace and Office 365 may limit market reach if platforms change.

What makes Material Security unique

  • Material Security offers robust protection for cloud office environments, focusing on data-driven security.
  • The company emphasizes resilience and simplicity, avoiding technobabble and focusing on practical solutions.
  • Material Security partners with top organizations, enhancing its credibility and effectiveness in cybersecurity.

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Funding

Total Funding

$157.6M

Above

Industry Average

Funded Over

3 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Above Average

Industry standards

$50M
$50M
Medium
$62M
SeatGeek
$100M
Oura
$100M
Material Security

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

Growth & Insights and Company News

Headcount

6 month growth

↑ 2%

1 year growth

↑ 8%

2 year growth

↑ 10%
The Hacker News
Mar 6th, 2024
How to Find and Fix Risky Sharing in Google Drive

Material Security, a company renowned for its innovative method of protecting sensitive data within employee mailboxes, has recently launched Data Protection for Google Drive to safeguard the sprawl of confidential information scattered throughout Google Drive with a powerful discovery and remediation toolkit.

Material Security
May 9th, 2023
How to Monitor Shadow IT using Material Security and Snowflake

Material Security, Inc. recently announced its partnership and integration with Snowflake to give joint customers a seamless way to leverage Microsoft 365 and Google Workspace data in their security data lake.

Okta
May 3rd, 2023
How Mars Leveraged Identity to Protect Sensitive Content and Applications

In this interview, Okta explore how Mars partnered with Okta and Material Security to leverage Identity to protect sensitive content and applications.

Business Wire
Oct 12th, 2022
Material And Snowflake Announce Partnership, Powering Data-Driven Security For Office 365 And Google Workspace

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Material Security, known and loved in the security community for its modern approach to protecting sensitive data in Office 365 and Google Workspace, announced today a partnership with Snowflake, the Data Cloud company, and investment from Snowflake Ventures. Joint customers can now seamlessly merge Office 365 and Google Workspace data with existing security and business datasets in the Snowflake Data Cloud for smarter posture management, incident response, and threat detection. They can also benefit from Material’s risk analytics, search, and defense-in-depth capabilities while retaining full control of their business data in a unified data platform

Business Wire
Oct 12th, 2022
Material And Snowflake Announce Partnership, Powering Data-Driven Security For Office 365 And Google Workspace | Business Wire

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Material Security, known and loved in the security community for its modern approach to protecting sensitive data in Office 365 and Google Workspace, announced today a partnership with Snowflake, the Data Cloud company, and investment from Snowflake Ventures. Joint customers can now seamlessly merge Office 365 and Google Workspace data with existing security and business datasets in the Snowflake Data Cloud for smarter posture management, incident response, and threat detection. They can also benefit from Material’s risk analytics, search, and defense-in-depth capabilities while retaining full control of their business data in a unified data platform

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