{{Short description|Information technology company}} {{distinguish|Minecraft}} {{Infobox company | name = Mimecast Limited | logo = [[IMAGE:Mimecast Logo.png|Mimecast Logo]] | type = [[Privately held company|Private]]<ref name="auto4">{{Cite web|url=https://www.bloomberg.com/news/articles/2021-12-07/mimecast-to-be-acquired-by-permira-in-5-8-billion-cyber-deal|title=Mimecast Agrees to Permira Takeover in $5.8 Billion Deal}}</ref> | founded = {{Start date and age|2003}} | founders = {{ubl|Peter Bauer|Neil Murray}} | owner = [[Permira]] | location = [[London]], England, UK (Global HQ)<ref name="auto">{{Cite web|url=https://businesscloud.co.uk/news/londons-mimecast-in-us-swoop/|title=London’s Mimecast in US swoop|first=Jonathan|last=Symcox|date=July 24, 2024}}</ref><br>[[Lexington, Massachusetts]], United States (North America HQ)<ref>{{cite news | url=https://www.bloomberg.com/news/articles/2021-12-07/mimecast-to-be-acquired-by-permira-in-5-8-billion-cyber-deal | title=Mimecast Agrees to Permira Takeover in $5.8 Billion Deal | newspaper=Bloomberg.com | date=7 December 2021 }}</ref> | key_people = Marc van Zadelhoff ([[CEO]]) | industry = [[Information security]] | products = | num_employees = 2,000<ref>{{Cite web|url=https://www.primary.vc/firstedition/posts/mimecast-cofounder-and-ceo-peter-bauer-on-the-importance-of-building-relationships-with/|title=Mimecast Cofounder and CEO Peter Bauer on the Importance of Building Relationships with Customers and Employees|website=Primary VC}}</ref> | website = {{URL|mimecast.com}} | footnotes = <ref>{{cite web|url=https://www.sec.gov/Archives/edgar/data/1644675/000156459021030433/0001564590-21-030433.txt|title=FORM 10-K}}</ref> }} '''Mimecast Limited''' is a British [[information security]] company founded in 2003 and headquartered in London. It is specialized in email security and risk management<ref name="auto4"/> and is owned by [[Permira]], a British [[private equity firm]].<ref name="auto" />
==History== Mimecast was founded in 2003 by Peter Bauer and Neil Murray. Bauer was named CEO of the company, and Murray was named CTO.<ref>{{Cite web|url=https://www.crn.com/news/security/mimecast-leaders-eligible-for-456-9m-in-payouts-in-permira-deal|title=Mimecast Leaders Eligible For $456.9M In Payouts In Permira Deal | CRN}}</ref> The company initially provided cloud-based email management services for [[Google Workspace]], [[Microsoft Exchange Server|Microsoft Exchange]] and [[Microsoft Office|Microsoft Office 365]].<ref name="auto5">{{Cite web|title = The Future Fifty: the list|url = https://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/digital-media/10384036/The-Future-Fifty-the-list.html|access-date = 2015-09-21|website = The Telegraph}}</ref>
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.<ref>https://www.bizjournals.com/boston/stories/2010/06/21/daily2.html</ref>
Five years later, Mimecast announced its registration statement for a proposed [[initial public offering]] (IPO).<ref>https://www.reuters.com/article/us-mimecast-ipo/email-security-provider-mimecast-files-for-u-s-ipo-idUSKCN0SD26720151019/</ref> Mimecast began trading on the [[NASDAQ|Nasdaq Global Select Market]] under the ticker symbol "MIME" in November 2015.<ref>{{Cite web|url=https://fortune.com/2015/11/19/ipo-mimecast-square-match/|title=This is the IPO You Missed Today|first=Robert|last=Hackett|website=Fortune}}</ref>
In January 2021, a Mimecast security certificate was compromised, potentially allowing attackers to [[Man-in-the-middle attack|intercept]] communications with Microsoft-based email servers.<ref name="reuters-2021-01-12-mimecast">{{cite web | title=Email security firm Mimecast says hackers hijacked its products to spy on customers | website=U.S. | date=2021-01-12 | url=https://www.reuters.com/article/us-global-cyber-mimecast-idUSKBN29H22K | access-date=2021-01-13 | archive-url=https://web.archive.org/web/20210112194050/https://www.reuters.com/article/us-global-cyber-mimecast-idUSKBN29H22K | archive-date=2021-01-12 | quote=Three cybersecurity investigators, who spoke on condition of anonymity to discuss details of an ongoing probe, told Reuters they suspected the hackers who compromised Mimecast were the same group that broke into U.S. software maker SolarWinds and a host of sensitive U.S. government agencies.}}</ref><ref name="sw-2021-01-13-mimecast">{{cite web | title=Mimecast Discloses Certificate Incident Possibly Related to SolarWinds Hack | website=SecurityWeek.Com | date=2021-01-13 | url=https://www.securityweek.com/mimecast-discloses-certificate-incident-possibly-related-solarwinds-hack | access-date=2021-01-13 | quote=According to Mimecast, it learned from Microsoft that hackers had compromised a certificate used to authenticate Mimecast Continuity Monitor, Internal Email Protect (IEP), and Sync and Recover products with Microsoft 365 Exchange Web Services. ... The company has not shared any details about the attacks abusing the compromised certificate, but some experts have speculated that the certificate may have allowed the hackers to intercept Mimecast customers’ communications.}}</ref><ref name="tp-2021-01-12-mimecast">{{cite web | last=Seals | first=Tara | title=Mimecast Certificate Hacked in Microsoft Email Supply-Chain Attack | website=Threatpost | date=2021-01-12 | url=https://threatpost.com/mimecast-certificate-microsoft-supply-chain-attack/162965/ | access-date=2021-01-13 |quote=Mimecast provides email security services that customers can apply to their Microsoft 365 accounts by establishing a connection to Mimecast’s servers... A compromise means that cyberattackers could take over the connection, though which inbound and outbound mail flows, researchers said. It would be possible to intercept that traffic, or possibly to infiltrate customers’ Microsoft 365 Exchange Web Services and steal information. 'The attack against Mimecast and their secure connection to Microsoft’s Office 365 infrastructure appears to be the work of the same sophisticated attackers that breached SolarWinds and multiple government agencies,' Saryu Nayyar, CEO at Gurucul, said via email.}}</ref>
In May 2022, Mimecast was acquired by and become a wholly-owned subsidiary of Magnesium Bidco Limited, an affiliate of [[Permira |Permira Holdings Ltd]].<ref>{{Cite web|url=https://www.permira.com/portfolio/mimecast/ |title= Mimecast is listed in Permira's Portfolio.|website=www.permira.com/portfolio/mimecast}}</ref>
In January 2024, Marc van Zadelhoff replaced Bauer as the company's CEO.<ref name="auto1">{{Cite web |title=Mimecast Appoints Marc van Zadelhoff as New CEO |url=https://www.bankinfosecurity.com/mimecast-appoints-marc-van-zadelhoff-as-new-ceo-a-24111 |website=www.bankinfosecurity.com}}</ref>
=== Acquisitions === In July 2018, Mimecast acquired cybersecurity training start up Ataata.<ref name="auto3">{{Cite news|date=2018-07-10|title=Cybersecurity training startup Ataata acquired by Mimecast - Technical.ly DC|language=en-US|work=Technical.ly DC|url=https://technical.ly/dc/2018/07/10/cybersecurity-training-startup-ataata-acquired-by-mimecast/|access-date=2018-07-12}}</ref><ref>{{Cite news|url=https://technical.ly/dc/2017/12/19/ataata-series-a/|title=Bethesda-based cybersecurity training startup raises $3M Series A - Technical.ly DC|date=2017-12-19|work=Technical.ly DC|access-date=2018-07-12|language=en-US}}</ref> The same month, the company acquired [[Solebit]].<ref>{{cite news|url=https://www.zdnet.com/article/mimecast-snaps-up-security-software-developer-solebit-in-88m-deal/ |title= Mimecast snaps up security software developer Solebit in $88m deal |publisher=ZDNet |date=2018-08-01 |access-date=2018-08-01| first=Charlie| last=Osborne}}</ref> In November 2019, Mimecast acquired DMARC Analyzer.<ref>{{Cite web|url=https://www.mimecast.com/resources/press-releases/dates/2019/11/acquisition-dmarc-analyzer/|title=Mimecast Acquires DMARC Analyzer|last=mimecast|website=www.mimecast.com|language=en|access-date=2020-01-10}}</ref>
The following January, Mimecast acquired Segasec.<ref>{{Cite web |url=https://www.mimecast.com/resources/press-releases/dates/2020/1/mimecast-acquires-segasec/ |title=Segasec Acquisition |last=mimecast |website=www.mimecast.com |language=en |access-date=2020-01-10}}</ref> In January, 2024, Mimecast acquired human risk management specialist Elevate Security.<ref>{{Cite web|url=https://www.bankinfosecurity.com/mimecast-acquires-elevate-security-to-address-human-risk-a-24043|title=Mimecast Acquires Elevate Security to Address Human Risk|website=www.bankinfosecurity.com}}</ref>
In July 2024, Mimecast acquired [[Code42]].<ref name="Code42Acquisition">{{cite news |url=https://www.startribune.com/code42-mimecast-acquisition-cybersecurity-tech-software/600385974 |title=Code42, a Twin Cities tech darling, acquired by Massachusetts-based cyber firm |first=Nick |last=Williams |date=July 25, 2024 |newspaper=The Minnesota Star Tribune |access-date=August 28, 2024 |url-access=subscription |url-status=live |archive-url=https://web.archive.org/web/20240822185758/https://www.startribune.com/code42-mimecast-acquisition-cybersecurity-tech-software/600385974 |archive-date=2024-08-22}}</ref> In August, 2024, Mimecast acquired AI compliance software provider Aware.<ref name="auto2">{{Cite web|url=https://siliconangle.com/2024/08/14/mimecast-acquires-aware-enhance-security-compliance-workplace-collaboration-tools/|title=Mimecast acquires Aware to enhance security and compliance in workplace collaboration tools|date=August 14, 2024}}</ref>[[File:Mimecast Offices.jpg|thumb|Mimecast North American Office in Lexington, MA]]
==Technology== Mimecast started as a cloud-based email management platform for Microsoft's email products,<ref name="auto5"/> and after a series of acquisitions, expanded to be a more general provider of risk reduction services within organizations. Its services include email and collaboration security, insider risk management, data compliance, and security and awareness training.<ref>https://www.crn.com/news/security/mimecast-buys-email-security-firm-dmarc-analyzer-to-block-spoofing</ref><ref>https://www.cio.com/article/201506/mimecast-acquires-israeli-cybersecurity-startup-segasec.html</ref><ref>{{Cite web|url=https://www.startribune.com/code42-mimecast-acquisition-cybersecurity-tech-software/600385974|title=Code42, a Twin Cities tech darling, acquired by Massachusetts-based cyber firm|first=Nick|last=Williams|date=July 25, 2024|website=www.startribune.com}}</ref><ref name="auto2"/><ref>{{Cite web|url=https://www.scworld.com/news/2024-sc-awards-finalists-best-compliance-solution|title=2024 SC Awards Finalists: Best Compliance Solution|first=S. C.|last=Staff|date=August 29, 2024|website=SC Media}}</ref><ref name="auto3"/><ref>{{Cite web|url=https://www.zdnet.com/article/mimecast-snaps-up-security-software-developer-solebit-in-88m-deal/|title=Mimecast snaps up security software developer Solebit in $88m deal|website=ZDNET}}</ref>
==Operations== Mimecast's global headquarters is based in London.<ref name="auto"/> Its US headquarters is in [[Lexington, Massachusetts]], just outside of Boston.<ref name="auto4"/> The company operates additional offices in [[Bangalore|Bengaluru]], [[Cape Town]], [[Dubai]], [[Hilversum]], [[Israel]], [[Johannesburg]], [[Melbourne]], [[Mississauga]], [[Munich]], [[Paris]], [[Singapore]], and [[Sydney]].<ref>{{Cite web|url=https://careers.mimecast.com/en/office-locations/|title=Office Locations|first=Mimecast|last=Careers|website=Mimecast Careers}}</ref>
==References== {{Reflist}}
==External links== *{{Official website}} {{Finance links historical | name = Mimecast | symbol = MIME | reuters = MIME.O | bloomberg = MIME:US | sec_cik = 1644675 | yahoo = MIME | google = MIME }}
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[[Category:Software companies of the United Kingdom]] [[Category:Email]] [[Category:Spamming]] [[Category:Companies formerly listed on the Nasdaq]] [[Category:2015 initial public offerings]] [[Category:2022 mergers and acquisitions]] [[Category:Permira companies]]