Tessian

Tessian

Cloud email security using machine learning

About Tessian

Simplify's Rating
Why Tessian is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Rating Differentiation

Industries

Enterprise Software

Cybersecurity

AI & Machine Learning

Company Size

201-500

Company Stage

Series C

Total Funding

$130.4M

Headquarters

Boston, Massachusetts

Founded

2013

Overview

Tessian provides cloud email security solutions designed for enterprises that need to protect against various email threats. The platform uses machine learning and behavioral data science to identify and stop sophisticated threats, such as phishing attacks and business email compromise, that can evade traditional security measures. Tessian enhances email security by offering real-time coaching to users, helping them recognize and respond to potential threats, which also promotes a culture of security awareness within organizations. Unlike many competitors, Tessian focuses on integrating behavioral insights into its security measures, making it more effective at preventing accidental data loss and insider threats. The company's goal is to strengthen email security for enterprises through a subscription-based model, ensuring they receive continuous updates and support.

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Simplify's Take

What believers are saying

  • Tessian's acquisition by Proofpoint enhances its market position and resources.
  • Growing demand for integrated security solutions boosts Tessian's subscription-based model.
  • Recognition as a Strong Performer by Forrester highlights Tessian's industry impact.

What critics are saying

  • Integration challenges with Proofpoint may affect customer satisfaction and retention.
  • Rapid AI evolution requires continuous R&D investment to maintain competitiveness.
  • Dependency on Microsoft 365 integration poses risks if API policies change.

What makes Tessian unique

  • Tessian uses machine learning to prevent data breaches caused by human error.
  • The platform integrates real-time coaching to enhance security culture within organizations.
  • Tessian's API-enabled platform allows seamless integration with enterprise systems.

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Funding

Total Funding

$130.4M

Above

Industry Average

Funded Over

6 Rounds

Notable Investors:
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
Below Average

Industry standards

$50M
$9M
Tessian
$40M
Figma
$50M
Medium
$62M
SeatGeek
$100M
Oura

Benefits

Enhanced pension contributions, matched up to 5%

25 days of paid holiday

Private health insurance

Flexible working hours

Work from home

Learning & development

Company lunches

Classpass discount

Company News

GlobeNewswire
Oct 30th, 2023
Proofpoint Signs Definitive Agreement To Acquire Tessian

SUNNYVALE, Calif., Oct. 30, 2023 (GLOBE NEWSWIRE) -- Proofpoint Inc ., a leading cybersecurity and compliance company, today announced it has entered into a definitive agreement to acquire Tessian , a leader in the use of advanced AI to automatically detect and guard against both accidental data loss and evolving email threats. The acquisition is expected to close in late 2023 to early 2024, subject to customary closing conditions, including any required regulatory approvals.Proofpoint protects organizations against social engineering attacks by applying award-winning AI and large language models (LLMs) to block threats and provide real-time threat insights. AI-based detection has proven to be notably effective in identifying threats targeting people, such as email fraud and supplier-based attacks, and preventing data loss due to negligent or malicious actions. With the acquisition of Tessian, Proofpoint will enhance its threat and information protection platforms by adding powerful layers of AI-powered defense that address risky user behaviors, including misdirected email and data exfiltration.Misdirected emails (sending emails to the wrong recipient) and mis-attached files continue to be a leading cause of compliance violations and accidental data loss for organizations according to Ponemon research : in 2022 alone, 65% of all data loss incidents occurred via email, and nearly two-thirds of organizations experienced data loss or exfiltration due to an employee mistake on email. As a result, it takes security teams 48 hours, on average, to detect and remediate a data loss and exfiltration incident caused by employee negligence.“Far too often, human errors with email lead to organizations putting their own and their customer’s data at risk, breaching industry and data protection regulations and losing mission-critical intellectual property,” said Darren Lee, executive vice president and general manager, Security Products and Services Group, Proofpoint

CRN
Oct 30th, 2023
Proofpoint To Acquire Email Security Company Tessian

Proofpoint has reached an agreement to acquire email security company Tessian, the company said Monday.

VentureBeat
Sep 26th, 2023
Ai Needs Human Insight To Reach Its Full Potential Against Cyberattacks

VentureBeat presents: AI Unleashed - An exclusive executive event for enterprise data leaders. Network and learn with industry peers. Learn More. Socially engineered attacks are sidestepping millions of dollars worth of cybersecurity systems. Simple phone calls help attackers steal access credentials and impersonate identities at will across networks. The tradecraft behind the attacks on Clorox, MGM and many others prove that crunching real-time telemetry data faster isn’t the answer alone. Attackers simply studied MGM employee profiles on LinkedIn, then impersonated them to the gambling giant’s IT helpdesk

PR Newswire
Jun 12th, 2023
Tessian Named A Strong Performer In Enterprise Email Security By Independent Research Firm

Tessian, a Cloud-Native, API-enabled Email Security (CAPES) company, received the highest scores possible in the Vision, Support and Customer Success criteria according to report.BOSTON, June 12, 2023 /PRNewswire/ -- Tessian, Inc. today announced that it has been named a Strong Performer by Forrester Research, Inc. in The Forrester Wave™ : Enterprise Email Security, Q2 2023 – The 15 Providers That Matter Most And How They Stack Up . According to the Forrester report, "S&R pros interested in linking email security with security coaching and culture should consider Tessian as an additional (human) layer of protection."As the Forrester report states, "Tessian has refined its superior vision to not only focus on protecting the human layer but also to frame email security as a means to elevate security culture within organizations. Roadmap items include expanding DLP capabilities to file-sharing applications; API-integrated remediation orchestration with major SIEM, SOAR, EDR, and XDR players; and expansion of protection to messaging and collaboration applications."In Forrester's evaluation of the Enterprise Email Security Space, Forester suggests "email security customers should look for providers that:Offer flexibility in deployments and integrations.Make it easy for security teams to respond.Look beyond email to deliver holistic human protection."Tessian's recognition as a Strong Performer in The Forrester Wave™: Enterprise Email Security report comes on the heels of Tessian's two most recent major announcements at RSA Conference 2023 this past April. First, as the First Email Security Platform to Fully Integrate with M365 by integrating via both M365 Add-In (Office Add-In) and M365 API (Microsoft Graph API), on top of Tessian's existing deployment/integration options

Cyber Magazine
Jun 12th, 2023
Cyber Magazine's PR Newswire Service | Cyber Magazine

BOSTON, June 12, 2023 /PRNewswire/ -- Tessian, Inc. today announced that it has been named a Strong Performer by Forrester Research, Inc. in The Forrester Wave™ : Enterprise Email Security, Q2 2023 – The 15 Providers That Matter Most And How They Stack Up.

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