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Mimecast

Information technology company From Wikipedia, the free encyclopedia

Mimecast
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Mimecast Limited is a global cybersecurity company that addresses threats brought on by human risk.[1]

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The company is headquartered in London, and is owned by British investment firm Permira.[2]

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History

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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

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]

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Mimecast North American Office in Lexington, MA
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Technology

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]

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Operations

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

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

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