Mimecast

Mimecast
Mimecast
  • Headquarters

    London, England
  • Founded

    2003
  • CEO / Founder

    Ranjan Singh
  • Employees

    1001-5000
  • Funding

    Acquired
  • Products

    1 product listed
  • Avg. AI Score

    7.5/10

Profile updated

Products
1
Avg AI Score
7.5/10
Founded
2003
Funding
About Mimecast

Mimecast was founded in 2003 in London, England by Peter Bauer and Neil Murray. The company provides cybersecurity solutions spanning email security, human risk management, security awareness training, data archiving, and compliance. It is headquartered in London, with North American operations based in Lexington, Massachusetts.

The company's platform protects more than 42,000 organizations across 100+ countries, covering approximately 27 million users. Its core product lines include email security and continuity, cloud archiving, web security, and the Human Risk Management suite, which ties phishing simulations and awareness training outcomes to behavioral risk signals and email threat telemetry.

Mimecast listed on the Nasdaq Global Select Market in November 2015 under the ticker MIME. In May 2022, private equity firm Permira acquired the company for approximately $5.8 billion, taking it private. The company employs approximately 2,000 people globally.

Specialties
Email SecurityEmail ContinuityEmail ArchivingWeb SecurityCyber ResilienceAwareness TrainingHuman Risk ManagementData Compliance
Financials

Dated, source-cited figures. Estimates are marked.

Valuation
$5.8B
sec.gov
Revenue
$501.4M
sec.gov
Revenue over time
$141.8M(Mar 31, 2016)$186.6M(Mar 31, 2017)$261.9M(Mar 31, 2018)$340.4M(Mar 31, 2019)$427.0M(Mar 31, 2020)$501.4M(Mar 31, 2021)
Products by Mimecast

All products by Mimecast reviewed by our AI panel of experts.

How Our Review Panel Scores Mimecast

Six independent reviewer personalities assessed Mimecast's product on their own terms. They disagreed by 1.0 points — The Finance Lead was the hardest to convince, The Decision Maker the most positive.

The Decision Maker
7.8
The Domain Strategist
7.8
The Domain Practitioner
7.8
The Power User
7.8
The Skeptic
7.2
The Finance Lead
6.8

Averaged across 1 reviewed product in our catalog. Scores are out of 10.

Competitive Landscape

Who Mimecast competes with, and how they differ.

P
Proofpoint

Mimecast's closest rival in combined email security and security-awareness training, targeting the same large-enterprise buyer; Proofpoint made a rejected $6.7B counter-bid for Mimecast in 2021 and historically skews more upmarket-enterprise where Mimecast has focused more on SMB/mid-market.

Abnormal AI logo
Abnormal AI7.9/10

Abnormal AI (Abnormal Security) takes an API-based, AI-native detection approach to email threats (BEC, account takeover) versus Mimecast's gateway-plus-training model that layers awareness training and human-risk scoring on top of mail-flow inspection.

1 product reviewed on TopReviewed
K
KnowBe4

KnowBe4 is the category leader in security-awareness training specifically (the same segment as Mimecast's Ataata-derived Awareness Training product), sold as a standalone training/phishing-simulation platform rather than bundled with email security infrastructure.

Darktrace logo
Darktrace7.8/10

Darktrace applies self-learning AI to email and network traffic for anomaly-based threat detection, competing at the AI-driven-detection layer, while Mimecast pairs detection with human-risk management, data compliance, and archiving in one platform.

1 product reviewed on TopReviewed
Company Timeline

Key milestones in Mimecast's history, with sources.

  1. Milestone

    Ranjan Singh appointed CEO

    Mimecast named Ranjan Singh, previously its Chief Product & Technology Officer, as CEO effective immediately, succeeding Marc van Zadelhoff, who moved to a board advisor role.

    uk.finance.yahoo.com
  2. Acquisition

    Acquired Aware

    Mimecast acquired Aware, an AI-powered platform that identifies risk and supports compliance in workplace collaboration tools like Slack and Microsoft Teams, for an undisclosed price.

    siliconangle.com
  3. Acquisition

    Acquired Code42

    Mimecast acquired data-loss and insider-risk vendor Code42, adding its Incydr platform and about 175 employees; terms were not disclosed.

    crn.com
  4. Milestone

    Marc van Zadelhoff appointed CEO

    Mimecast named cybersecurity veteran Marc van Zadelhoff (former CEO of Devo, COO of LogMeIn, founder of IBM Security) as CEO, succeeding co-founder Peter Bauer, who had led the company since its 2003 founding.

    citybiz.co
  5. Acquisition

    Acquired Elevate Security

    Mimecast acquired Elevate Security, a startup that identifies high-risk users from behavioral and contextual data, for integration into Mimecast's security-awareness training platform; financial terms were not disclosed.

    crn.com
  6. Acquisition

    Permira completed $5.8B take-private acquisition

    Permira-advised funds completed their acquisition of Mimecast for approximately $5.8 billion, or $80.00 per share in cash; Mimecast stock ceased trading and the company became privately held.

    sec.gov
  7. Milestone

    Rejected higher counter-bid from rival Proofpoint

    During the go-shop period of the Permira deal, Mimecast's board rejected a competing offer from rival Proofpoint of $92.50 per share (about $6.7 billion, 15.5% above Permira's bid), citing antitrust and execution-risk concerns.

    crn.com
  8. Acquisition

    Agreed to be acquired by Permira for $5.8B

    Mimecast entered a definitive agreement for Permira-advised funds to acquire the company for $80.00 per share in an all-cash deal valuing Mimecast at approximately $5.8 billion equity value.

    sec.gov
  9. Acquisition

    Acquired Solebit for $88 million

    Mimecast acquired Israeli cybersecurity startup Solebit Labs for $88 million, adding advanced content-disarm-and-reconstruction threat detection technology.

    mimecast.com
  10. Acquisition

    Acquired Ataata

    Mimecast acquired Ataata, a security-awareness training and human-risk-scoring startup, forming the technology base of what became the Mimecast Awareness Training product.

    itwire.com
  11. Milestone

    IPO on Nasdaq (MIME)

    Mimecast priced its IPO at $10.00 per share, selling 7,750,000 ordinary shares to raise approximately $77.5 million gross, and began trading on the Nasdaq Global Select Market under ticker MIME.

    sec.gov
  12. Founded

    Mimecast founded in London

    Mimecast was founded in 2003 by Peter Bauer and Neil Murray with a mission to make email safer and better; its first service, Mimecast Email Security, launched later that year.

    sec.gov

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