Mimecast Acquires Elevate Security

mergers and acquisitions

Mimecast, a Lexington, MA-based email and collaboration security company, acquired Elevate Security, a San Francisco, CA-based provider of human risk management solutions.

The amount of the deal was not disclosed.

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.

Led by CEO Robert Fly, Elevate Security provides a platform that has the flexibility to ingest human behavior and context data from a range of sources. It then flags high-risk people using a precision risk scoring algorithm. These capabilities can help drive targeted intervention and training that reduces overall risk and exposure for companies.

Since 2003, Mimecast has empowered more than 40,000 customers to help mitigate risk and manage complexities across a threat landscape driven by malicious cyberattacks, human error, and technology fallibility. Its solutions provide the proactive threat detection, brand protection, awareness training, and data retention capabilities that evolving workplaces need today.

FinSMEs

06/01/2024