By Ionut Arghire on May 27, 2021
Email protection company Material Security this week announced that it raised $40 million in Series B funding, which brings the capital raised by the firm to date to $62 million.
Founded in 2017, the Redwood City, California-based company is focused on protecting email accounts both before and after compromise.
Material Security launched its full product portfolio in 2020 and claims to have seen tremendous growth over the past year, nearly quadrupling its customer base.
The company’s suite of products offers anti-phishing capabilities, visibility and control into email security risks, and can prevent account takeover attempts and data leaks.