Mimecast, known for its advanced email and collaboration security solutions, has recently announced the acquisition of Elevate Security.
Mimecast’s expertise in cybersecurity complements Elevate Security’s innovative approach towards managing human-related risks in the digital workspace.
The acquisition aims to fortify Mimecast’s offerings by incorporating proactive insights and enhanced visibility into human behaviors and risks. This strategic move will enable customers to better safeguard their digital workplaces. Unfortunately, the financial terms of the deal were not disclosed.
Mimecast Limited specializes in providing comprehensive email and collaboration security, effectively protecting organizations from advanced cyber threats. Elevate Security, on the other hand, focuses on human risk management solutions. They offer a unique platform that ingests human behavior and context data to identify and mitigate high-risk human activities.
This acquisition marks a significant step in Mimecast’s ongoing commitment to human risk management. By integrating Elevate Security’s technology, Mimecast not only enhances its existing portfolio but also sets a new benchmark in the field of human-centric cybersecurity solutions.
Mimecast is dedicated to maintaining and supporting Elevate Security’s existing customer base. The integration process has already begun, and customers can anticipate the new technology being incorporated into Mimecast’s products in the coming quarters.
Mimecast’s Chief Technology and Product Officer, David Raissipour, emphasized the importance of this acquisition: “People are historically the largest vulnerability in an organization but can also be the strongest line of defense if given the right tools and education. That’s our goal with this acquisition and core to our work – manage risk by understanding human behavior in the context of a complex environment and then acting on it.”
Robert Fly, CEO and Co-Founder of Elevate Security, expressed enthusiasm about the merger: “We have long admired Mimecast’s commitment to changing user behavior to enhance protection. We have no doubt that our combined strengths will help break new ground that changes the security conversation.”
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