About Material Security
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 effective support, receiving positive feedback from the security community. The company's goal is to enhance the security landscape for its clients through comprehensive and accessible cybersecurity measures.
Redwood City, CaliforniaHeadquarters
2017Year Founded
$157.6MTotal Funding
SERIES_CCompany Stage
CybersecurityIndustries
51-200Employees
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
Risks
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.
Differentiation
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.
Upsides
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.
Funding
Total raised$157.58 M
Latest valuation$1.10 B
StageSERIES_C
SERIES C
4/30/2022$100
$1.10 BSERIES B
4/30/2021$40
$200.00 MSERIES A
5/31/2020$22
$110.00 M