Side-by-side comparison of AI visibility scores, market position, and capabilities
Material Security is a $1.1B unicorn email security platform for Google Workspace and Microsoft 365; raised $100M Series C led by Founders Fund and a16z in May 2022; protects against phishing, account takeover, and email data loss.
Material Security is a cybersecurity company providing comprehensive email security and data protection for Google Workspace and Microsoft 365 environments. Founded in 2017 by Ryan Noon, Chris Gilbert, and Abhishek Arun — alumni of Dropbox, Twitter, and Google — and headquartered in San Francisco, Material Security addresses the reality that email remains the primary attack vector for enterprise breaches. Unlike legacy secure email gateways that attempt to block malicious messages before they reach inboxes, Material Security operates directly within cloud office environments via API integration, applying post-delivery detection, behavioral analysis, and automated response to threats that have already bypassed perimeter defenses.
Cloud security platform acquired by Google (NASDAQ: GOOGL) for $32B in March 2025 — cybersecurity's largest-ever acquisition; grew from $0 to $500M ARR in 4 years with agentless Security Graph competing with Orca.
Wiz is a New York-based cloud security platform — acquired by Alphabet/Google (NASDAQ: GOOGL) in a $32 billion deal announced in March 2025 (the largest cybersecurity acquisition in history) — that had raised $900 million at a $12 billion valuation from Andreessen Horowitz, Lightspeed, Sequoia, and Index Ventures before the acquisition. Founded in 2020 by Assaf Rappaport and four co-founders (former Unit 8200 cyber intelligence officers and Microsoft Azure security alumni), Wiz grew from $0 to $500 million ARR in four years — the fastest SaaS company to reach $500M ARR in history — by providing agentless cloud security visibility across AWS, Azure, GCP, and Kubernetes.
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