Mimecast

{{Infobox company

| name = Mimecast Limited

| type = Private{{cite press release | url=https://www.globenewswire.com/Ne/news-release/2021/12/07/2347274/0/en/Mimecast-to-Become-a-Private-Company-through-Transaction-with-Permira-Valued-at-Approximately-5-8-Billion.html | title=Mimecast to Become a Private Company through Transaction with Permira Valued at Approximately $5.8 Billion | date=7 December 2021 }}

| traded_as = {{NASDAQ was|MIME}}

| ISIN = {{ISIN|sl=n|pl=y|GB00BYT5JK65}}

| founded = {{Start date and age|2003}}

| founders = {{ubl|Peter Bauer|Neil Murray}}

| owner = Permira

| location = London, England, UK

Lexington, Massachusetts, United States{{cite web | url=https://www.crn.com/slide-shows/security/10-things-to-know-about-the-5-8b-permira-mimecast-deal | title=10 Things to Know About the $5.8B Permira-Mimecast Deal | date=7 December 2021 }}{{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 }}

| key_people = Marc van Zadelhoff (CEO)
Chris Wey (Chief Transformation Officer)
David Call (CFO)
Mick Paisley (Chief Security and Resilience Officer)
Norman Guadagno (CMO)
Janet Prosper (CHRO)
David Helfer (Chief Customer and Revenue Officer)

| industry = Information security
E-mail archiving
File archiving
Cybersecurity

| products = Email Security Cloud Gateway, Email Security Cloud Integrated; Information Archiving, Mailbox Continuity and Services for Office 365, Cybersecurity Training, Web Security

| num_employees = 2,000 ( 2022){{cite web | url=https://www.mimecast.com/company/ | title=Company Overview }}

| website = {{URL|mimecast.com}}

| footnotes = {{cite web|url=https://www.sec.gov/Archives/edgar/data/1644675/000156459021030433/0001564590-21-030433.txt|title=FORM 10-K}}

}}

Mimecast Limited is an{{cite web | url=https://www.crn.com/slide-shows/security/10-things-to-know-about-the-5-8b-permira-mimecast-deal | title=10 Things to Know About the $5.8B Permira-Mimecast Deal | date=7 December 2021 }}{{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 }} American–British, UK-domiciled company with subsidiaries in other jurisdictions, specializing in cloud-based email management for Google Workspace, Microsoft Exchange and Microsoft Office 365,{{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}} including security, archiving, and continuity services to protect business mail.

History

Mimecast was founded in 2003 by Peter Bauer and Neil Murray. It has offices in London, Boston, Chicago, San Francisco, Dallas, Cape Town, Johannesburg, Melbourne, Sydney, Amsterdam, Hilversum, Singapore, Dubai, Bengaluru, Munich, Paris and Israel.{{cite web|title=About Mimecast|url=https://www.mimecast.com/company/contact/|access-date=2015-09-21|work=Mimecast}} On October 16, 2015, Mimecast announced that it filed its registration statement for a proposed initial public offering (IPO). Mimecast began trading on the Nasdaq Global Select Market under the ticker symbol "MIME" on November 19, 2015. The offering closed on November 24, 2015.

= Acquisitions =

On July 10, 2018, Mimecast acquired cybersecurity training start up Ataata.{{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}}{{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}}

On July 31, 2018, Mimecast acquired Solebit.{{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}}

On November 14, 2019, Mimecast acquired DMARC Analyzer.{{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}}

On January 6, 2020, Mimecast acquired Segasec.{{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}}

On May 19, 2022, Mimecast was acquired by and become a wholly-owned subsidiary of Magnesium Bidco Limited, an affiliate of Permira Holdings Ltd.{{Cite web|url=https://www.permira.com/portfolio/mimecast/ |title= Mimecast is listed in Permira's Portfolio.|website=www.permira.com/portfolio/mimecast}}

On July 24, 2024, Mimecast acquired Code42.{{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}}

Founding

Mimecast co-founder and former CEO, Peter Bauer, previously founded FAB Technology in the mid-nineties and sold it to Idion. Earlier, Peter trained as a Microsoft systems engineer and worked with corporate messaging systems.{{cite web

|url = http://agendabuilder.gartner.com/SYM22/webpages/SessionList.aspx?Speaker=706986

|archive-url = https://archive.today/20130411003618/http://agendabuilder.gartner.com/SYM22/webpages/SessionList.aspx?Speaker=706986

|url-status = dead

|archive-date = April 11, 2013

|title = Peter Bauer, Co-Founder and CEO, Mimecast

|access-date = 2011-12-30

|work = Gartner Symposium ITExpo}} Mimecast co-founder and former CTO is Neil Murray, previously CTO at Global Technology Services and founder of Pro-Solutions.{{cite web

|url = http://www.v3.co.uk/v3-uk/interview/2269117/v3-hot-seat-mimecast-cto-and-cofounder-neil-murray|title = V3 Hot Seat: Mimecast CTO and co-founder Neil Murray|access-date = 2015-09-19|work = V3.co.uk}}

Another significant former executive is Mimecast Chief Scientist Nathaniel Borenstein, who was amongst the original designers of the MIME protocol for formatting multimedia Internet electronic mail - he sent the world's first e-mail attachment on 11 March 1992.{{cite web |title= NSB Home Page |work= web site, including CV |url= http://www.guppylake.com/~nsb/ |access-date= Feb 27, 2013 }}

File:Mimecast Offices.jpg

Technology

The service uses a massively-parallel grid infrastructure for email storage and processing{{cite web

|url = https://www.theregister.co.uk/2009/03/25/mimecast_fileserver_destruction/

|title = Mimecast and file server destruction

|access-date = 2009-12-14

|work = The Register}} through geographically dispersed data centers.{{cite web

|url = http://www.thedatachain.com/articles/2011/9/product_review_mimecast_unified_email_management?contentpartner=mimecast

|title = Product Review: Mimecast Unified Email Management

|access-date = 2011-09-25

|work = TheDataChain.com Whitepaper}}

{{cite web

|url = http://technews.tmcnet.com/hosted-exchange/topics/unified-communications/articles/224055-mimecast-hits-bloor-research-bullseye-best-practice-e.htm

|title = Mimecast Hits the Bloor Research Bullseye for Best Practise E-mail Archiving

|access-date = 2011-09-30

|work = technews.tmcnet.com}} Its Mail Transfer Agent provides intelligent email routing based on server or user mailbox location.{{cite web

|url = http://talkincloud.com/mimecast-offers-free-microsoft-office-365-cloud-migration|title = Mimecast Offers Free Microsoft Office 365 Cloud Migration|access-date = 2015-09-11|work = Talkin Cloud|last = Weinberger}}

Security and privacy breaches

In January 2021, a Mimecast security certificate was revealed to have been compromised, potentially allowing attackers to intercept communications with Microsoft-based email servers.{{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.}}{{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.}}{{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.}}