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Mimecast Announces Acquisition Of Elevate Security, Strengthens Commitment To Managing Human Risk

Jan 04, 2024

Acquiring Company

Mimecast

Acquired Company

Elevate Security

San FranciscoSecurityComputer and Network Security

Description

Mimecast Limited (Mimecast), an advanced email and collaboration security company, today announced its acquisition of Elevate Security, a provider of human risk management solutions. The acquisition strengthens Mimecast’s offerings by providing proactive insights and deeper visibility into human behaviors and risk, helping customers better protect the digital workplace. Financial terms of the deal were not disclosed.

Quick answer

Mimecast is acquiring Elevate Security, announced January 4, 2024.

How much did Mimecast pay for Elevate Security?
The deal value was not disclosed.
What does Mimecast do?
Mimecast is a leading cybersecurity company transforming the way businesses manage and secure human risk.
Where are Mimecast and Elevate Security based?
Elevate Security is based in San Francisco, California, United States.
Who are the decision-makers at Mimecast?
Fundz holds 2 contacts at Mimecast. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Security and Computer and Network Security

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Mimecast

About

Mimecast is a leading cybersecurity company transforming the way businesses manage and secure human risk. Its AI-powered, API-enabled connected human risk platform is purpose-built to protect organizations from the spectrum of cyber threats. Integrating cutting-edge technology with human-centric pathways, our platform enhances visibility and provides strategic insight.

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Frequently asked

Who acquired Elevate Security?

Elevate Security was acquired by Mimecast. The deal was reported on January 4, 2024. Mimecast is a leading cybersecurity company transforming the way businesses manage and secure human risk. Mimecast is privately held and operates in Security.

When did Mimecast acquire Elevate Security?

Mimecast's acquisition of Elevate Security was reported on January 4, 2024. Mimecast Limited (Mimecast), an advanced email and collaboration security company, today announced its acquisition of Elevate Security, a provider of human risk management solutions. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Elevate Security do?

Research finds that 8% of employees contribute to 80% of a company’s security incidents. Amplifying the problem, there’s no reliable method to pinpoint these users in order to apply corrective security measures. It is privately held, operating in Computer and Network Security, and is based in San Francisco.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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