Material Security

Private

Material Security provides cloud workspace security for Microsoft 365 and Google Workspace, protecting organizations from email attacks, account takeovers, and data breaches. Founded by former Dropbox engineers, the company applies a zero-trust approach that assumes breach and protects sensitive content even after an attacker gains access to an inbox.

Founders Ryan Noon, Abhishek Agrawal, Chris Park

CEO Abhishek Agrawal

Company

Founded

2017

Headquarters

Redwood City, California, United States

Employees

51-200

Financials

Total Funding

$162M

Last Valuation

$1.1B

Revenue (ARR)

$10M-$50M

Sectors

SaaS Cybersecurity Enterprise Software

material.security Twitter Blog

Funding History

4 rounds

Series C May 11, 2022

$100M

Valuation: $1.1B

Founders Fund (Lead) Andreessen Horowitz Elad Gil La Famiglia VC JAWS Estates Capital HNVR Technology Investment Management

Series B May 26, 2021

$40M

Elad Gil (Lead) Andreessen Horowitz Abstract Ventures Operator Partners 515 Ventures

Series A Jun 30, 2020

$22M

Andreessen Horowitz (Lead) Harpoon Ventures Elad Gil Drew Houston Andy Bechtolsheim Nat Friedman

Seed Jan 1, 2017

Undisclosed

Abstract Ventures Harpoon Ventures 122WEST Ventures Elad Gil

Funding data is compiled from multiple independent sources including company announcements, press coverage, and regulatory filings. While we strive for accuracy, amounts and dates may reflect reported figures at time of announcement.