Segasec

Company Overview

Snapshot

Founded in May 2017 by Elad Schulman and Gad Akuka, Segasec operated with 1–10 employees. The company was acquired by Mimecast in January 2020, marking a significant exit in the cybersecurity landscape.

Business overview

Segasec is a cybersecurity startup focused on mitigating online fraud and phishing scams. The company's patent-pending technology provides early intelligence by identifying upcoming phishing scams and unknown attack patterns through quadrillions of targeted scans. Its solution works to confuse and defuse attackers, taking down compromised assets and deceiving adversaries to reduce the risk of exposing customer personal information. Segasec serves the enterprise market within the Cyber Security sector, offering its solution with zero onboarding or integration requirements.

Strategic signal

In January 2020, Segasec was acquired by Mimecast, an email security company. This acquisition provided a strategic exit for Segasec, validating its technology and market approach in early threat detection and anti-phishing solutions. For investors, this signals the value of specialized cybersecurity firms capable of integrating into larger platforms to enhance comprehensive security offerings.

Company Intelligence Q&A

When was Segasec acquired?

Segasec was acquired by Mimecast in January 2020.

What was a key partnership for Segasec in 2019?

In August 2019, Segasec announced a partnership with DMARC Analyzer to enhance its anti-phishing capabilities.

Which program did Segasec join in April 2019?

In April 2019, Segasec was selected to join Start Path, Mastercard's startup engagement program.

What new capability did Segasec announce in September 2019?

In September 2019, Segasec announced an early threat detection capability specifically designed for account takeovers.

Who were the co-founders of Segasec?

Segasec was co-founded by Elad Schulman and Gad Akuka.