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area1security.com

Founded Year

2013

Stage

Acquired | Acquired

Total Raised

$82.5M

Valuation

$0000 

About Area 1 Security

Area 1 Security is a performance-based cybersecurity company, changing how businesses protect against phishing attacks.On April 1st, 2022, Area 1 Security was acquired by CloudFlare for $162 million. Per Cloudflare, 40-50% of the $162 million is to be paid in Cloudflare's Class A common stock.

Area 1 Security Headquarters Location

15 N Ellsworth Ave #102

San Mateo, California, 94401,

United States

650-924-1637

ESPs containing Area 1 Security

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER
Financial Services / Cybersecurity

In this market, companies reduce the risk associated with the cybersecurity X-factor — human behavior — by providing cyber training solutions, insider risk detection, phishing defense, and employee risk mapping.

Area 1 Security named as Challenger among 8 other companies, including Proofpoint, IRONSCALES, and Rangeforce.

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Expert Collections containing Area 1 Security

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Area 1 Security is included in 3 Expert Collections, including AI 100.

A

AI 100

100 items

A

Artificial Intelligence

9,093 items

This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.

C

Cybersecurity

4,937 items

Area 1 Security Patents

Area 1 Security has filed 21 patents.

The 3 most popular patent topics include:

  • Computer network security
  • Computer networking
  • Computer security exploits
patents chart

Application Date

Grant Date

Title

Related Topics

Status

4/9/2021

11/2/2021

Mathematical optimization, Parallel computing, Operations research, Optimization algorithms and methods, Diagrams

Grant

Application Date

4/9/2021

Grant Date

11/2/2021

Title

Related Topics

Mathematical optimization, Parallel computing, Operations research, Optimization algorithms and methods, Diagrams

Status

Grant

Latest Area 1 Security News

Cloudflare Completes Acquisition of Area 1 Security

May 9, 2022

Acquisition will integrate robust email security with Cloudflare’s global network to give customers a complete Zero Trust security platform San Francisco, CA, April 1, 2022 — Cloudflare, Inc. (NYSE: NET), the security, performance, and reliability company helping to build a better Internet, today announced it has completed its acquisition of Area 1 Security. Email is both one of the largest cloud applications for any business, and the biggest security threats that organizations of all sizes face. Yet legacy email security solutions are often expensive, overly complex, and disjointed from an organization’s holistic security strategy. Further, malicious phishing and business email compromise campaigns are incredibly costly—with U.S. businesses losing more than $2.4 billion a year according to data from the FBI’s Internet Crime Complaint Center 2021 Internet Crime Report . With the acquisition of Area 1 Security, Cloudflare will provide organizations an easy way to block phishing, malware, business email compromise and other advanced threats as part of an integrated, Zero Trust approach to securing all of their organizations’ applications. “Cloudflare's mission is to help build a better Internet, and we've invested heavily in building the world's most powerful cloud network to deliver a faster, safer, and more reliable Internet for our users. Now we're officially able to welcome the Area 1 team to Cloudflare and enhance our ability to secure the number one place where security threats come from, email," said Matthew Prince, co-founder & CEO of Cloudflare. "To us, Zero Trust security without email built in is worth nearly zero. By bringing email security and Zero Trust together with Area 1 Security, we believe that we will give customers the most complete Zero Trust security platform available." Area 1 Security’s cloud native platform, which works seamlessly with any email offering, stops phishing and other advanced email attacks by preemptively discovering and eliminating them before they can inflict damage in a corporate environment. By combining Area 1 Security’s highly scalable technology and years of experience in email protection with Cloudflare’s global network, the two companies will provide a holistic Zero Trust solution that customers can enable through Cloudflare’s global network. Area 1 Security’s email security capabilities will be available for purchase for all enterprise plan customers today, and will be available to customers on all other paid plans in the months to come. "Cloudflare delivers one of the world’s leading Zero Trust networks, and we're excited about what we'll be able to build together for our customers and channel partners," said Patrick Sweeney, CEO and President of Area 1 Security. "By joining forces, Area 1’s technology and Cloudflare's global network will give customers the most complete Zero Trust security platform available, inclusive of securing the most critical of today’s business applications – your email." To learn more, please check out the resources below: About CloudflareCloudflare, Inc. (www.cloudflare.com / @cloudflare) is on a mission to help build a better Internet. Cloudflare’s suite of products protect and accelerate any Internet application online without adding hardware, installing software, or changing a line of code. Internet properties powered by Cloudflare have all web traffic routed through its intelligent global network, which gets smarter with every request. As a result, they see significant improvement in performance and a decrease in spam and other attacks. Cloudflare was named to Entrepreneur Magazine’s Top Company Cultures 2018 list and ranked among the World’s Most Innovative Companies by Fast Company in 2019. Headquartered in San Francisco, CA, Cloudflare has offices in Austin, TX, Champaign, IL, New York, NY, San Jose, CA, Seattle, WA, Washington, D.C., Toronto, Lisbon, London, Munich, Paris, Beijing, Singapore, Sydney, and Tokyo. Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. In some cases, you can identify forward-looking statements because they contain words such as “may,” “will,” “should,” “expect,” “explore,” “plan,” “anticipate,” “could,” “intend,” “target,” “project,” “contemplate,” “believe,” “estimate,” “predict,” “potential,” or “continue,” or the negative of these words, or other similar terms or expressions that concern Cloudflare’s expectations, strategy, plans, or intentions. However, not all forward-looking statements contain these identifying words. Forward-looking statements expressed or implied in this press release include, but are not limited to, statements regarding the capabilities and effectiveness of Cloudflare’s Zero Trust and other products and Area 1 Security’s email security platform, the benefits to Cloudflare’s customers from using Cloudflare Zero Trust products, the Area 1 Security email security platform, and Cloudflare’s other products and technology, the expected functionality and performance of Cloudflare’s Zero Trust products, the Area 1 Security email security platform, and Cloudflare’s other products and technology, the timing of when Cloudflare’s Zero trust products and Area 1 Security’s email security platform will be generally available to all current and potential Cloudflare customers, Cloudflare’s plans and objectives for, and the timing of, the integration of the Area 1 Security email solution into Cloudflare’s Zero Trust products, Cloudflare’s technological development, future operations, growth, initiatives, or strategies, and comments made by Cloudflare’s CEO, Area 1 Security’s CEO and others. Cloudflare’s actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to, risks detailed in Cloudflare’s filings with the Securities and Exchange Commission (SEC), including its Annual Report on Form 10-K filed on March 1, 2022, as well as other filings that Cloudflare may make from time to time with the SEC. The forward-looking statements made in this press release relate only to events as of the date on which the statements are made. Cloudflare undertakes no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law. Cloudflare may not actually achieve the plans, intentions, or expectations disclosed in its forward-looking statements, and you should not place undue reliance on Cloudflare’s forward-looking statements. © 2022 Cloudflare, Inc. All rights reserved. Cloudflare, the Cloudflare logo, and other Cloudflare marks are trademarks and/or registered trademarks of Cloudflare, Inc. in the U.S. and other jurisdictions. All other marks and names referenced herein may be trademarks of their respective owners. Press Contact Information

Area 1 Security Web Traffic

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Area 1 Security Rank

  • When was Area 1 Security founded?

    Area 1 Security was founded in 2013.

  • Where is Area 1 Security's headquarters?

    Area 1 Security's headquarters is located at 15 N Ellsworth Ave, San Mateo.

  • What is Area 1 Security's latest funding round?

    Area 1 Security's latest funding round is Acquired.

  • How much did Area 1 Security raise?

    Area 1 Security raised a total of $82.5M.

  • Who are the investors of Area 1 Security?

    Investors of Area 1 Security include CloudFlare, U.S. Air Force, Kleiner Perkins Caufield & Byers, Icon Ventures, Top Tier Capital Partners and 11 more.

  • Who are Area 1 Security's competitors?

    Competitors of Area 1 Security include Mimecast, Material Security, Abnormal Security, IRONSCALES, SlashNext, PhishLabs, Tessian, Proofpoint, Avanan, Immersive Labs and 14 more.

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IRONSCALES enables organizations to mitigate the risk associated with the technological, operational and human challenges inherent to phishing attacks. The company's multi-layered and automated approach to prevent, detect, and respond to phishing emails combines micro-learning phishing simulation and awareness training (IronSchool), with mailbox-level phishing detection (IronSights), automated incident response (IronTraps) and real-time automated intelligence sharing (Federation) technologies.

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