Material Security

Material Security

Cybersecurity solutions for cloud office environments

About

Material Security offers cybersecurity solutions that protect cloud office environments by safeguarding sensitive data related to products, employees, and customers. Their products utilize risk analytics and threat detection tools to minimize vulnerabilities and implement defense-in-depth strategies to contain security incidents. Unlike competitors, Material Security is recognized for its user-friendly products and supportive team, along with unique methods for enhancing security. The company's goal is to improve the overall security landscape by providing effective and accessible cybersecurity solutions.

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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