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Chronicles

The story behind the story

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Redwood City-based Material Security, which helps enterprises protect sensitive info even in hacked email accounts, raises a $100M Series C at a $1.1B valuation

Forbes Kenrick Cai

Discussion

  • @material_sec @material_sec on x
    🎉 Excited to announce we've raised $100M at a $1.1B valuation led by @traestephens at @foundersfund and joined by @a16z and @eladgil. 📰 Read the details in @forbes: https://www.forbes.com/... A huge thank you to our customers, employees, and supporters.💙 More details below 🧵 http…
  • @kenrickcai Kenrick Cai on x
    Email got hacked? Startup Material Security wants to take the sting out it by limiting what hackers can access. With a product quickly approaching 100 enterprise customers, it has landed $100 million in a Series C led by Founders Fund. My story: https://www.forbes.com/...
  • @traestephens Trae Stephens on x
    I've been super hesitant to dive into the cyber security market given how crowded it is and how boring and mimetic most of the companies are. But I've been following @internet_meme and the @material_sec team for a long time and believe me, they're definitely not boring. https://t…