What is Mimecast?
Established in 2003 and headquartered in London, England, Mimecast is a global leader in cloud-based email management solutions, serving both Microsoft Exchange and Microsoft Office 365 environments. The company's core offerings focus on enhancing email security, continuity, and archiving, providing robust protection against a wide array of cyber threats, including phishing, ransomware, and business email compromise. Mimecast's comprehensive suite of services addresses the evolving complexities of modern business communication and data protection, making it a critical partner for organizations worldwide seeking to safeguard their digital assets and maintain operational resilience.
How much funding has Mimecast raised?
Mimecast has raised a total of $6B across 5 funding rounds:
Series A
$3M
Series B
$21M
Series C
$62.1M
Stock Offering
$70M
Private Equity
$5.8B
Series A (2008): $3M with participation from Dawn Capital
Series B (2010): $21M led by Index Ventures and Dawn Capital
Series C (2012): $62.2M supported by Insight Venture Partners and Dawn Capital
Stock Issuance/Offering (2015): $70M featuring Undisclosed
Private Equity (2022): $5.8B backed by Permira
Key Investors in Mimecast
Permira
Permira is a European private equity firm founded in 1985, known for investing through private equity vehicles funded by institutional investors.
Index Ventures
Index Ventures is a venture firm that invests in entrepreneurs from seed to IPO, with a focus on building enduring companies and backing founders with bold dreams.
Insight Venture Partners
Insight Venture Partners is a venture capital firm that provides a platform for its portfolio company leaders to foster connections and expand their support networks as they scale.
What's next for Mimecast?
The recent major strategic investment in Mimecast signals a pivotal moment for the company, likely enabling significant expansion of its product development, market penetration, and global reach. This capital infusion, occurring within the context of enterprise-level funding, suggests Mimecast is entering a new phase of accelerated growth, potentially focusing on advanced threat intelligence, AI-driven security enhancements, and broader integration capabilities. The company's trajectory indicates a strong focus on innovation and strategic partnerships to address the ever-increasing sophistication of cyber threats, positioning Mimecast for continued leadership in the cybersecurity market.
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