Mimecast ranks No. 15 among cybersecurity 500
Watertown, MA – Mimecast Limited (NASDAQ: MIME), a leading email and data security company, announced today that it has been ranked 15th in the Cybersecurity 500, a quarterly publication by Cybersecurity Ventures that compiles the leading cybersecurity solutions and service providers worldwide. Mimecast’s placement among the top of 20 in the Q3 2016 publication reflects the company’s growing stature as a cybersecurity solutions innovator.
“We continuously look at thousands of companies for inclusion in the Cybersecurity 500, by soliciting feedback from CISOs, IT security practitioners and service providers, and researching hundreds of cybersecurity events and news sources that we follow,” said Steve Morgan, founder and CEO, Cybersecurity Ventures, and editor-in-chief, Cybersecurity 500. “We do not think a list of the largest cybersecurity companies is useful to our target audience of cyber and IT security decision makers, evaluators and recommenders. They already know who the biggest vendors are. Instead, we give a nod to the hottest and most innovative companies.”
“Email continues to be essential for business. And, at the same time, customers are facing unprecedented security threats that put their entire organization at risk. That is why we believe it is vital for organizations to implement a cyber resilience strategy that protects users, data and operations from various types or risk, from technology failure to malicious intent, as well as downtime,” said Peter Bauer, CEO, Mimecast. “This recognition is a testament to Mimecast’s ability to combat today’s top cybersecurity risks, such as ransomware, malicious insiders and spear phishing, while ensuring our customers have a powerful cyber resilience strategy in place.”
The Cybersecurity Market Report, also published quarterly by Cybersecurity Ventures, estimates that spending on cybersecurity products and solutions between 2017 and 2021 will surpass $1 trillion, reflecting a wave of new activity and new players in the industry. The Cybersecurity 500 list examines the industry’s current players and pares them down to the top 500 names that are pushing the boundaries of cybersecurity – spanning large, globally recognized brands, to small innovative firms, to startups with VC backing, to emerging solution providers on the cusp of breaking out.
Mimecast (NASDAQ: MIME) makes business email and data safer for 19,900 customers and millions of employees worldwide. Founded in 2003, the company's next-generation cloud-based security, archiving and continuity services protect email and deliver comprehensive email risk management.
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