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Material Security
Email & cloud office security
- 21-100 employees
- B2B
- Security
- SaaS
- Cyber Security
- Cloud Computing
- Centennial, Redwood City, CA
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Company mission
Their goal is resilience, and they build security that works (and works simply).
129% employee growth in 12 months
Our take
Email hacks are a real and immediate threat for businesses. Material Security is setting out to solve this problem by protecting companies and their employees.
Material Security was founded following the 2016 election hacking scandal, tapping into widespread demand for more resilient email protection. The company is led by a team of experienced ex-Google and Dropbox managers, which has shaped its tech considerably. The company is now valued at over $1 billion, an impressive testament to the quality of its solutions.
Material Security's main challenge will be competing with rival security providers. However, given its unicorn status, the company is likely to scale even further in the coming years and is well poised to open up a significant market lead.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Unlimited vacation policy
- Parental leave & fertility support
- 401k plan
- Quarterly company offsites
- Secret & "totally a surprise" birthday treat
- 100% coverage of Health, Dental, & Vision premiums for employees + dependents
- Reimbursement for your dream home office
- Reimbursement for cell phone & internet
- Monday morning weekend updates
- Equity
- Remote work flexibility
Funding (last 2 of 3 rounds)
May 2022
$100m
SERIES C
May 2021
$40m
SERIES B
Total funding: $162m
This company has top investors
Leadership
Ryan Noon
(Chairman)Worked as an Engineering Lead at Ayasdi, and founded Parastructure, which was acquired by Dropbox. Went onto serve as an Engineering Manager at Dropbox.
Abhishek Agrawal
(CEO)Previously worked as a Software Development Engineer at Microsoft Office Labs, and was a Senior Product Manager at Dropbox.
Christopher Park
(VP Engineering)Worked as a Senior Software Developer at Camstar Systems, and was a Software Engineer at Google and Parastructure. Joined Dropbox as an Engineering Manager.