Email security mainstay Mimecast on Thursday announced the acquisition of Elevate Security, a venture-backed startup working on technology in the user-education and awareness training space.
Financial terms of the transaction were not released.
The brainchild of Masha Sedova and Robert Fly, Elevate Security launched six years ago with ambitious plans to disrupt the lucrative but tricky security awareness training market.
The company raised $18.3 million in venture capital financing and scored investments from the likes of Cisco and CrowdStrike. Elevate Security’s core technology promises to ingest human behavior and context data from a range of sources and identifies high-risk people using a risk scoring algorithm.
The software is used to help businesses understand and categorize who is most ‘at-risk’, motivate and measure behavior change, enforce conditional policies, and governance reviews based on individual risk.
Elevate Security also built technology to accelerate incident triage and response, improve help desk decision making, and automate protective controls for risky workers.
With the acquisition, Mass,-based Mimecast said the plan is to incorporate the Elevate Security technology to beef up the quality of its own Awareness Training product line.
Mimecast plans to maintain and support the existing Elevate Security customer base
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