Segasec
Preventing Online Fraud and Phishing Scams
Company Overview
Snapshot
Founded in May 2017 by Elad Schulman and Gad Akuka, Segasec operated with 1–10 employees. The company raised $5M across two funding rounds from two investors before being acquired by Mimecast in January 2020.
Business overview
Segasec is a cybersecurity startup focused on mitigating online fraud and phishing scams for organizations. The company's patent-pending technology provides early intelligence on developing phishing attacks by running extensive targeted scans to identify attack patterns. Once identified, Segasec's solution works to neutralize attackers, taking down compromised assets and deceiving threat actors to reduce the risk of exposing customer personal information. The solution requires no onboarding or integration, allowing for immediate protection, and operates within the Cyber Security sector, targeting enterprise customers.
Strategic signal
In January 2020, Segasec was acquired by Mimecast, a move that integrated Segasec's advanced anti-phishing and anti-fraud capabilities into Mimecast's email security platform. This acquisition signaled a strategic consolidation within the cybersecurity market, enhancing Mimecast's offerings and providing Segasec's technology with a broader reach through a larger enterprise security provider.
Log in to access full profile ›Company Intelligence Q&A
- What was a significant corporate milestone for Segasec?
- Segasec was acquired by Mimecast in January 2020, integrating its cybersecurity solutions into a larger platform.
- When was Segasec founded and by whom?
- Segasec was founded in May 2017 by Elad Schulman and Gad Akuka.
- What was Segasec's total capital raised?
- Segasec raised a total of $5M across two funding rounds.
- Did Segasec engage in any strategic partnerships?
- In February 2019, Segasec partnered with Entersoft, and in August 2019, it announced a partnership with DMARC Analyzer to enhance its cybersecurity offerings.
- What was a notable program Segasec was selected for?
- In April 2019, Segasec was selected to join Start Path, Mastercard's award-winning startup engagement program.