Material Security

IT Security/CybersecuritySeries CRedwood City, USmaterial.security

Latest round

Series C

Last raised

May 2022

Total raised

$151M

Investors

4

About Material Security

Founded in 2017 and headquartered in Redwood City, US, Material Security, Inc. provides advanced cybersecurity protection tailored for cloud platforms. The company was co-founded by Abhishek Agrawal and Chris Park, with Abhishek Agrawal also serving as CEO.Material Security offers a unified detection and response platform specifically designed for cloud workspaces like Google Workspace and Microsoft 365. Their solutions protect critical business elements such as emails, documents, and user accounts from cybersecurity threats, including phishing attacks and misconfigurations. The core product provides lifecycle protection, ensuring threats are detected before they materialize and managed effectively during incidents while enabling post-incident resilience. Material Security integrates seamlessly into existing workflows, utilizing automation to alleviate operational burdens on security teams without hindering user productivity.Material Security operates on a subscription-based revenue model, which allows businesses to access its cybersecurity solutions for cloud environments on an annual or multi-year basis. Clients can tailor their plans to meet specific security needs, benefiting from features like email security and identity threat detection. The company's revenue is bolstered by the growing emphasis on cloud security, fostering ongoing engagement with customers to maintain secure digital environments.

Who invested in Material Security

4 investors across 4 rounds

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Funding rounds

  1. Series C

    May 11, 2022

    Amount

    $89M

    Investors

    Locked

  2. Series B

    Apr 27, 2021

    Amount

    $40M

    Investors

    Locked

  3. Series A

    Jun 30, 2020

    Amount

    $22M

    Investors

    Locked

  4. Seed

    Jun 1, 2017

    Amount

    Undisclosed

    Investors

    Locked

Questions about Material Security

Who invested in Material Security?

Material Security has 4 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Material Security raised?

Material Security has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Material Security last raise money?

Material Security's most recent round on record is a Series C, in May 2022.

What does Material Security do?

Founded in 2017 and headquartered in Redwood City, US, Material Security, Inc.

Where is Material Security headquartered?

Material Security is headquartered in Redwood City, US.

Which VCs invest in companies like Material Security?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back it security/cybersecurity companies at Material Security's stage. Their profiles are linked below.

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