Mimecast Acquires Risk Identification Startup Elevate Security

The startup’s technology for identifying and securing risky users will be integrated with Mimecast’s security awareness training platform.

Mimecast announced the acquisition of a startup that’s developed technology for identifying users who exhibit risky security behaviors within an organization.

The email and collaboration security vendor did not disclose financial terms of its acquisition of the startup, Elevate Security.

The startup’s platform ingests user behavioral data as well as contextual data from a “range of sources,” before flagging high-risk users, Mimecast said in a news release Thursday.

Elevate Security’s technology for identifying and securing high-risk users will be integrated with Mimecast’s security awareness training platform, the company said.

Mimecast declined to say how many Elevate Security employees are expected to join the company. The vendor has been working to find a “good fit” for Elevate employees, said David Raissipour, chief technology and product officer at Mimecast, in a statement. Elevate Security reported having between 11 and 50 employees on its LinkedIn page.

San Francisco-based Elevate Security had raised $18.25 million in funding since its founding in 2017 by CEO Robert Fly and President Masha Sedova, both former Salesforce executives, according to its website. Backers included the CrowdStrike Falcon Fund, Foundry Group, Salesforce Ventures and Shasta Ventures.

The acquisition follows the launch last fall of Mimecast’s new Partner One Program, which introduced improved performance-based incentives and a new enablement model for partners, according to the company.