Security News > 2021 > February > The Race to Find Profits in Securing Email

The Race to Find Profits in Securing Email
2021-02-25 20:19

Now, a wave of well-funded email security startups are emerging to take another stab at securing the entry point for almost all major cyber attacks.

Email security specialists Armorblox on Thursday announced a new $30 million venture capital funding round, joining a growing list of well-heeled startups taking a stab addressing one of cybersecurity's most difficult problems: keeping malicious hackers out of corporate mailboxes.

Sampath isn't shy about his company's aspirations to find treasure in use-cases beyond cybersecurity: "We believe that the ability to create a single system that can combine a universal understanding of all content and a proper catalog of contextualized interactions with the data can serve a variety of purposes far beyond just detecting cases of intellectual property misuse over email or business email compromise scenarios."

Another early-stage email security play worth watching is Material Security, a company that came out of stealth last June with $22 million in funding from Andreessen Horowitz and a roster of CISOs publicly backing its clever approach to integrate two-factor authentication to attachment recovery.

Material Security, the brainchild of ex-Dropbox engineers Ryan Noon, Abhishek Agrawal and Chris Park, offers security teams the ability to redact sensitive content in email - even older archived mail - and make them available only after a two-factor verification step.

Separately, a wide range of companies have received funding to play in the multi-billion dollar email security pond.


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