Company Market Research Report

Material Security

Company Overview

• Name: Material Security

• Mission: To build resilient, practical, and effective security solutions that protect sensitive email content and productivity suite environments from advanced threats.

• Founded: 2017

• Founders:

• Ryan Noon (Chairman)

• Abhishek Agrawal (CEO)

• Chris Park (VP, Engineering)

• Key People:

• Ryan Noon (Chairman)

• Abhishek Agrawal (CEO)

• Chris Park (VP, Engineering)

• Luke Retterath (Chief Marketing Officer)

• John Hrvatin (VP, Product & Design)

• Scott Williams (VP, Finance & Operations)

• Kevin Bayly (VP, Sales)

• Marielle Smith (Head of People Operations)

• Rajan Kapoor (Field CISO)

• Headquarters: San Francisco, California (Remote-first culture)

• Number of Employees: No information available

• Revenue: No information available

• Known For: Multi-layered detection and response toolkit for securing email and related data. The company leverages AI, behavioral analysis, custom detections, and collective intelligence to protect against sophisticated email-based attacks and ensure data governance.

Products

Phishing Protection

• Description: Comprehensive solution to detect and block email-based phishing attacks.

• Key Features:

• AI-based Detection

• Custom Rules

• User Reports Automation

• Google and Microsoft Alerts Integration

• Post-Delivery Remediation

• Phishing Training on Real Attacks

Data Protection for Email

• Description: Protect and manage sensitive email content with fine-grained access controls.

• Key Features:

• Automatic Detection of Sensitive Content (PII, PHI, Financial Data)

• Custom Data Types

• Smart Data Classification

• Redaction and Secure Retrieval of Sensitive Messages

• Bulk Redaction and Retrieval

• Access Logs for Monitoring

Data Protection for Google Drive

• Description: Control and safeguard sensitive data in Google Drive.

• Key Features:

• Sensitive Content Detection

• Highlighting and Remediation of Unwanted Sharing

• Bulk Access Revocation

• Structured Data and Metadata Analysis

Identity Protection

• Description: Secure legacy identity workflows and prevent lateral account takeovers.

• Key Features:

• Intercept Email-Based Identity Verification

• Challenge and Verify Requests

• Automated Detection of Non-federated Apps

• Blocking Unauthorized Applications

Posture Management

• Description: Continuous monitoring and risk management for Microsoft 365 or Google Workspace environments.

• Key Features:

• Detection of Misconfigurations and Risky User Behavior

• Categorized Reports by Risk Level

• Recommendations for Risk Remediation

• Continuous Monitoring and Visibility into Third-Party Apps and Partners

Deployment

• Description: Fast, API-based integration for scalable, low maintenance setup.

• Key Features:

• Seamless Integration with Microsoft 365 and Google Workspace

• Single-Tenant Deployment

• Role-Based Access Control (RBAC)

• SOC 2 Type II Compliance

• Support for Customizable Security Policies

Recent Developments

• Recent Developments:

• Success in raising Series C funding, valuing the company at over $1 billion.

• Expansion of product offerings with new features and integrations.

• New Products Launched:

• Automated File Detection & Response for Google Drive

• New Features:

• Addition of automated enforcement actions across Google Drive.

• Enhanced solutions for phishing detection, user report automation, and smart data governance.

• New Partnerships:

• Integration with technology partners like Okta, Snowflake, Tines, and Duo to extend the utility and effectiveness of security solutions.

This detailed report covers the most crucial aspects of Material Security's business operations, product offerings, and recent developments using the available data. No additional commentary is included as per the guidelines.