Email security provider Mimecast Ltd. has acquired Israeli cybersecurity startup Segasec Labs Ltd. for an undisclosed price.

The company had raised $5 million in venture capital from investors, including Innogy Innovation Hub. Founded in 2017, Segasec offers a solution aimed at protecting companies from phishing, pharming (an attack that redirects a website’s traffic to another), fake site, business email compromise and ransomware.

The company’s platform monitors domain registrations, new certificates, mail service provisioning, social networks and more to detect threats before they happen. The solution is said to both help uncover live attacks and detect upcoming ones at the earliest possible stages, allowing customers to prevent them altogether. The company’s solution is complemented with rapid takedown capabilities for active attacks and technology that can limit the use of stolen data.

Segasec’s technology will be merged into Mimecast’s existing offering, providing an enhanced service that uses machine learning to identify potential hackers at the earliest stages of an attack. Building on Mimecast’s Email Security 3.0 approach, the company said, the integrated platform will allow organizations to implement a comprehensive cybersecurity strategy capable of dealing with modern-day threats.

“Every brand is vulnerable to attacks that abuse and threaten the trust that employees, customers, partners and third-party vendors have placed in them,” Peter Bauer, chief executive officer of Mimecast, said in a statement. “Segasec will allow our customers to take a proactive approach to identifying — and even potentially preventing — attacks that imitate their brands using domains they don’t own, while also offering the visibility required to understand how their brands are being misused for malicious intent.”

The deal is the second time Mimecast has acquired an Israeli company, the last being email security provider Solebit Labs Ltd. in 2018 for $88 million. Mimecast’s most recent acquisition was email validation software tool startup DMARC Analyzers for an undisclosed price in November.

“Segasec’s solutions strongly complement our recent acquisition of DMARC Analyzer, which simplifies the process of protecting against abuse of domains customers do own and continues to strengthen our Email Security 3.0 approach,” Bauer added.

Image: Segasec