Material Security fights phishing and provides visibility, defense-in-depth, and security infrastructure for Office 365 and Google Workspace. Material identifies common risk factors and pairs them with one-click remediations. It also includes real-time message search and robust data infrastructure. This company was founded by Abhishek Agrawal, Chris Park, and Ryan Noon in 2017 and is headquartered in San Francisco, CA.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
05/11/2022 | Series C | $119MM | $xx.xx | $110.01B | Andreessen Horowitz, Elad Gil, Founders Fund | |
Price per Share
$xx.xx
Shares Outstanding
28,412,479
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, Elad Gil, Founders Fund
|
||||||
05/26/2021 | Series B-1 | $2MM | $xx.xx | $22.19B | Andreessen Horowitz, Elad Gil | |
Price per Share
$xx.xx
Shares Outstanding
2,523,977
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, Elad Gil
|
||||||
05/26/2021 | Series B | $40MM | $xx.xx | $22.19B | Andreessen Horowitz, Elad Gil | |
Price per Share
$xx.xx
Shares Outstanding
40,383,643
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, Elad Gil
|
||||||
06/30/2018 | Series A-1 | $1.45MM | $xx.xx | $6.15B | Andreessen Horowitz | |
Price per Share
$xx.xx
Shares Outstanding
8,381,327
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz
|
||||||
06/30/2018 | Series A-2 | $2.86MM | $xx.xx | $6.15B | Andreessen Horowitz | |
Price per Share
$xx.xx
Shares Outstanding
9,151,998
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz
|
||||||
06/30/2018 | Series A | $15MM | $xx.xx | $6.15B | Andreessen Horowitz | |
Price per Share
$xx.xx
Shares Outstanding
40,376,850
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz
|