Mimecast
 | |
| Company type | Private[1] |
|---|---|
| Industry | Information security E-mail archiving File archiving Cybersecurity Risk management |
| Founded | 2003 |
| Founders |
|
| Headquarters | London, England, UK (Global HQ)[2] Lexington, Massachusetts, United States (North America HQ)[3] |
Key people | Marc van Zadelhoff (CEO) |
| Products | Email & Collaboration Threat Protection Insider Risk Management & Data Protection Data Compliance & Governance Security Awareness & Training |
| Owner | Permira |
Number of employees | 2,000[4] |
| Website | mimecast |
| Footnotes / references [5] | |
Mimecast Limited is a global cybersecurity company that addresses threats brought on by human risk.[1]
The company is headquartered in London, and is owned by British investment firm Permira.[2]
History
[edit]Mimecast was founded in 2003 by Peter Bauer and Neil Murray. The company started as a provider of cloud-based email management for Google Workspace, Microsoft Exchange and Microsoft Office 365.[6] Bauer, who trained as a Microsoft systems engineer and worked with corporate messaging systems, previously founded tech integration agency FAB Technology in 1997, and sold it in 1999 to Idion Technology Holdings.[7] He became Mimecast's CEO.[8] Murray was previously CTO at Global Technology Services and founder of Pro-Solutions.[9] He became the company's CTO.[10]
In June 2010, Mimecast appointed Dr. Nathaniel Borenstein chief scientist. Borenstein co-created the Multipurpose Internet Mail Extensions (MIME) email standard, along with other email systems and software.[11]
On October 16, 2015, Mimecast announced that it filed its registration statement for a proposed initial public offering (IPO).[12] Mimecast began trading on the Nasdaq Global Select Market under the ticker symbol "MIME" on November 19, 2015. The offering closed on November 24, 2015.[13]
On May 19, 2022, Mimecast was acquired by and become a wholly-owned subsidiary of Magnesium Bidco Limited, an affiliate of Permira Holdings Ltd.[14]
In January 2024, Marc van Zadelhoff replaced Bauer as the company's CEO.[8]
Acquisitions
[edit]On July 10, 2018, Mimecast acquired cybersecurity training start up Ataata.[15][16]
On July 31, 2018, Mimecast acquired Solebit.[17]
On November 14, 2019, Mimecast acquired DMARC Analyzer.[18]
On January 6, 2020, Mimecast acquired Segasec.[19]
In January 2024, Mimecast acquired human risk management specialist Elevate Security.[20]
On July 24, 2024, Mimecast acquired Code42.[21]
In August 2024, Mimecast acquired AI compliance software provider Aware.[22]
Technology
[edit]Mimecast started as a cloud-based email management platform for Microsoft's email products,[6] and after a series of acquisitions, expanded to be a more general provider of risk reduction services within organizations. The company sells products in the following four areas: email & collaboration threat protection;[23][24] insider risk management & data protection;[25] data compliance & governance;[22][26] and security awareness & training.[15][27]
Operations
[edit]Mimecast's global headquarters is based in London.[2] Its US headquarters is in Lexington, Massachusetts, just outside of Boston.[1] It lists additional offices in Bengaluru, Cape Town, Dubai, Hilversum, Israel, Johannesburg, Melbourne, Mississauga, Munich, Paris, Singapore, and Sydney.[28] Marc van Zadelhoff is the company's CEO.[8]
Security and privacy breaches
[edit]In January 2021, a Mimecast security certificate was revealed to have been compromised, potentially allowing attackers to intercept communications with Microsoft-based email servers.[29][30][31]
References
[edit]- ^ a b c "Mimecast Agrees to Permira Takeover in $5.8 Billion Deal".
- ^ a b c Symcox, Jonathan (July 24, 2024). "London's Mimecast in US swoop".
- ^ "Mimecast Agrees to Permira Takeover in $5.8 Billion Deal". Bloomberg.com. 7 December 2021.
- ^ "Mimecast Cofounder and CEO Peter Bauer on the Importance of Building Relationships with Customers and Employees". Primary VC.
- ^ "FORM 10-K".
- ^ a b "The Future Fifty: the list". The Telegraph. Retrieved 2015-09-21.
- ^ Partners, Insight (March 17, 2025). "Peter Bauer's big bet on email: Mimecast's journey from bootstrapped startup to email pioneer".
- ^ a b c "Mimecast Appoints Marc van Zadelhoff as New CEO". www.bankinfosecurity.com.
- ^ Moyo, Admire (July 25, 2024). "Mimecast bolsters insider threat management with Code42". ITWeb.
- ^ "Mimecast Leaders Eligible For $456.9M In Payouts In Permira Deal | CRN".
- ^ https://www.bizjournals.com/boston/stories/2010/06/21/daily2.html
- ^ https://www.reuters.com/article/us-mimecast-ipo/email-security-provider-mimecast-files-for-u-s-ipo-idUSKCN0SD26720151019/
- ^ Hackett, Robert. "This is the IPO You Missed Today". Fortune.
- ^ "Mimecast is listed in Permira's Portfolio". www.permira.com/portfolio/mimecast.
- ^ a b "Cybersecurity training startup Ataata acquired by Mimecast - Technical.ly DC". Technical.ly DC. 2018-07-10. Retrieved 2018-07-12.
- ^ "Bethesda-based cybersecurity training startup raises $3M Series A - Technical.ly DC". Technical.ly DC. 2017-12-19. Retrieved 2018-07-12.
- ^ Osborne, Charlie (2018-08-01). "Mimecast snaps up security software developer Solebit in $88m deal". ZDNet. Retrieved 2018-08-01.
- ^ mimecast. "Mimecast Acquires DMARC Analyzer". www.mimecast.com. Retrieved 2020-01-10.
- ^ mimecast. "Segasec Acquisition". www.mimecast.com. Retrieved 2020-01-10.
- ^ "Mimecast Acquires Elevate Security to Address Human Risk". www.bankinfosecurity.com.
- ^ Williams, Nick (July 25, 2024). "Code42, a Twin Cities tech darling, acquired by Massachusetts-based cyber firm". The Minnesota Star Tribune. Archived from the original on 2024-08-22. Retrieved August 28, 2024.
- ^ a b "Mimecast acquires Aware to enhance security and compliance in workplace collaboration tools". August 14, 2024.
- ^ https://www.crn.com/news/security/mimecast-buys-email-security-firm-dmarc-analyzer-to-block-spoofing
- ^ https://www.cio.com/article/201506/mimecast-acquires-israeli-cybersecurity-startup-segasec.html
- ^ Williams, Nick (July 25, 2024). "Code42, a Twin Cities tech darling, acquired by Massachusetts-based cyber firm". www.startribune.com.
- ^ Staff, S. C. (August 29, 2024). "2024 SC Awards Finalists: Best Compliance Solution". SC Media.
- ^ "Mimecast snaps up security software developer Solebit in $88m deal". ZDNET.
- ^ Careers, Mimecast. "Office Locations". Mimecast Careers.
- ^ "Email security firm Mimecast says hackers hijacked its products to spy on customers". U.S. 2021-01-12. Archived from the original on 2021-01-12. Retrieved 2021-01-13.
Three cybersecurity investigators, who spoke on condition of anonymity to discuss details of an ongoing probe, told Reuters they suspected the hackers who compromised Mimecast were the same group that broke into U.S. software maker SolarWinds and a host of sensitive U.S. government agencies.
- ^ "Mimecast Discloses Certificate Incident Possibly Related to SolarWinds Hack". SecurityWeek.Com. 2021-01-13. Retrieved 2021-01-13.
According to Mimecast, it learned from Microsoft that hackers had compromised a certificate used to authenticate Mimecast Continuity Monitor, Internal Email Protect (IEP), and Sync and Recover products with Microsoft 365 Exchange Web Services. ... The company has not shared any details about the attacks abusing the compromised certificate, but some experts have speculated that the certificate may have allowed the hackers to intercept Mimecast customers' communications.
- ^ Seals, Tara (2021-01-12). "Mimecast Certificate Hacked in Microsoft Email Supply-Chain Attack". Threatpost. Retrieved 2021-01-13.
Mimecast provides email security services that customers can apply to their Microsoft 365 accounts by establishing a connection to Mimecast's servers... A compromise means that cyberattackers could take over the connection, though which inbound and outbound mail flows, researchers said. It would be possible to intercept that traffic, or possibly to infiltrate customers' Microsoft 365 Exchange Web Services and steal information. 'The attack against Mimecast and their secure connection to Microsoft's Office 365 infrastructure appears to be the work of the same sophisticated attackers that breached SolarWinds and multiple government agencies,' Saryu Nayyar, CEO at Gurucul, said via email.
External links
[edit]- Official website
- Historical business data for Mimecast:
- SEC filings
