What is Area 1 Security's business focus and history?
Area 1 Security, founded in 2013 and headquartered in Redwood City, California, is a private cybersecurity company specializing in preemptive email security solutions to stop phishing attacks before they cause harm. With approximately 51 employees, the company offers SaaS services to B2B clients, focusing on email security and phishing protection. In 2022, Area 1 Security was acquired by Cloudflare, Inc.
Area 1 Security Corporate Details & Core Services
Area 1 Security is a cybersecurity company specializing in preemptive email security solutions to stop phishing attacks before they cause harm.
Area 1 Security Contact Information & Official Links
What are Area 1 Security's Key Business Metrics & Stats?
No of employees
51
Founded year
2013
Type
private
SAICS CODE
7371
NAICS Code
541512
Industry
Cybersecurity
Location
Redwood City, California, United States
Parent Company
cloudflare.com
Stock Name
NET (NYSE)
Pricing Strategy
Performance-based pricing: Pay-per-Phish model, Subscription-based plans tailored to customer requirements
How much funding has Area 1 Security raised to date?
Name
Description
Funding Amount
USD 2.5
Stage
Seed
Latest Valuation
162 Million (USD)
Lead Investor
Kleiner Perkins Caufield & Byers
Investors
Kleiner Perkins Caufield & Byers, Allegis Capital, Cowboy Ventures, Data Collective (DCVC), First Round Capital, Ray Rothrock, Derek Smith
What are Area 1 Security's Core Products?
Name
Description
Area 1 Horizon
A cloud-native email security service that identifies and blocks phishing attacks before they reach user inboxes, providing protection against spear phishing, Business Email Compromise (BEC), and other advanced threats.
What are the latest developments at Area 1 Security?
Date
Type
Description
April, 2022
Acquisition
Cloudflare completed its acquisition of Area 1 Security to enhance its Zero Trust platform.
June, 2020
Funding
Area 1 Security raised $25 million in funding led by ForgePoint Capital to drive growth in the cloud email security market.
September, 2021
Research
Area 1 Security analyzed 31 million phishing threats, identifying potential direct losses of $354 million.
What industry awards and recognitions has Area 1 Security received?
Date
Type
Description
April, 2019
Award
Area 1 Security named Google Cloud Global Technology Partner of the Year for Security.
October, 2021
Award
Area 1 Security won the XCellence Award for 'Best MES Newcomer' at the Fall 2021 Midsize Enterprise Summit.
February, 2021
Recognition
Area 1 Security named to CRN's 2021 Security 100 List.
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