Area 1 Security - About the company
Area 1 Security is an acquired company based in Menlo Park (United States), founded in 2014 by Peter Stein. It operates as a Detection and prevention of targeted phishing attacks. Area 1 Security has raised $82.5M in funding from investors like Kleiner Perkins, First Round Capital and DCVC. The company has 180 active competitors, including 14 funded and 16 that have exited. Its top competitors include companies like Cofense, Egress and Abnormal.
Company Details
Area 1 Security is an enterprise security company that is developing an endpoint-based anti-phishing solution. Its globally-distributed sensor network employs a data-driven approach that provides visibility into the delivery mechanisms of attackers. Analytics is then leveraged for detecting and eliminating targeted and socially engineered cyberattacks by analyzing the behavioral patterns of delivery systems and threat intelligence. Currently, the company has over 61 employees including professionals who formerly worked at the NSA and alumni of MIT and Disney.
- Website
- area1security.com
- Social
- Registered Address
- Redwood City, California
Key Metrics
Founded Year
2014
Location
Menlo Park, United States
Stage
Acquired
Total Funding
$82.5M in 5 rounds
Latest Funding Round
Investors
Ranked
12th among 180 active competitors
Employee Count
21 as on Jun 30, 2026
Exit Details
Acquired by CloudFlare (Feb 23, 2022)
Legal entities associated with Area 1 Security
Area 1 Security is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
AREA 1 SECURITY CIN: 464074332 , United States, Active | Dec 26, 999 | - | 66 (As on Dec 31, 2020) | - |
Area 1 Security's acquisition details
Area 1 Security got acquired by CloudFlare on Feb 23, 2022 at an acquisition amount of $*****.
Click here to take a look at Area 1 Security's acquisition in detail
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Area 1 Security's funding and investors
Area 1 Security has raised a total funding of $82.5M over 5 rounds. Its first funding round was on May 01, 2014. Its latest funding round was a Series C round on Jun 29, 2020 for $*****. 4 investors participated in its latest round. Area 1 Security has 10 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Area 1 Security:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 29, 2020 | 4944061 | Series C | 3330925 | 2848358 | 6580522 | 5585773 |
Oct 25, 2018 | 7378544 | Series C | 1290595 | 8089288 | 7435618 | |
Oct 14, 2015 | 5286253 | Series B | 8780495 | 9908374 |
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Area 1 Security's founders and board of directors
Founder? Claim ProfileThe founders of Area 1 Security is Peter Stein.
Here are the details of Area 1 Security's key team members:
- Peter Stein: Co-Founder of Area 1 Security. Contact Info: 1 email address
View details of Area 1 Security's Founder profiles and Board Members
Area 1 Security's employee count trend
Area 1 Security has 21 employees as of Jun 26. Here is Area 1 Security's employee count trend over the years:
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Area 1 Security's Competitors and alternates
Top competitors of Area 1 Security include Cofense, Egress and Abnormal. Here is the list of Top 10 competitors of Area 1 Security, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Cofense 2008, Leesburg (United States), Acquired | Provider of an AI-powered platform for phishing detection and remediation | $58M | 69/100 | |
2nd | Egress 2007, London (United Kingdom), Acquired | Provider of cloud email security software for preventing data breaches | $68.9M | 63/100 | |
3rd |  Abnormal 2018, Las Vegas (United States), Series D | Detects threats across email and cloud using behavior-based AI | $557M | 62/100 | |
4th |  Iron Scales 2013, Atlanta (United States), Series C | Provider of AI-powered email security solutions protecting against advanced email threats | $95M | 61/100 | |
5th | Tessian 2013, Boston (United States), Acquired | Provider of cybersecurity software for email collaboration and data protection | $182M | 60/100 | |
6th | Material 2016, Redwood City (United States), Series C | Provider of security solutions for Google Workspace and Microsoft 365 | $166M | 60/100 | |
7th | VIPRE 1948, Clearwater (United States), Acquired | Provider of cybersecurity solutions, including email and endpoint protection services | - | 60/100 | |
8th | Hornetsecurity 2007, Hannover (Germany), Acquired | Provider of Microsoft 365 security, backup, governance, risk, and compliance | - | 57/100 | |
9th |  StrongestLayer 2024, San Francisco (United States), Seed | Provider of cybersecurity suite solutions | $9.3M | 54/100 | |
10th | Arcode 2008, Bethesda (United States), Acquired | E-mail security solutions provider | $31.6M | 49/100 | |
12th |  Area 1 Security 2014, Menlo Park (United States), Acquired | Detection and prevention of targeted phishing attacks | $82.5M | 47/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Area 1 Security's competitors? Click here to see the top ones
Area 1 Security's Investments and acquisitions
Area 1 Security has made no investments or acquisitions yet.
Reports related to Area 1 Security
Here is the latest report on Area 1 Security's sector:
News related to Area 1 Security
Filter this list•
Cloudflare Completes Acquisition of Area 1 SecurityBusiness Wire•Apr 01, 2022•CloudFlare, Area 1 Security
•
CRN® Honors Area 1 Security With 5-Star Rating in 2022 Partner Program GuideBusiness Wire•Mar 28, 2022•Area 1 Security
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Cloudflare to acquire Area 1 Security, a startup that blocks phishing emailsTechCrunch+•Feb 24, 2022•CloudFlare, Area 1 Security
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Area 1 Security and SolCyber Partner to Deliver the Only Managed Preemptive Cloud Email Security to the MidmarketMarTech Series•Oct 22, 2021•Area 1 Security, SolCyber
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Area 1 Security Earns 5-Star Rating In The 2021 CRN® Partner Program GuideMarTech Series•Mar 30, 2021•Area 1 Security, CRN
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Area 1 Security And Carahsoft Partner To Provide Comprehensive Cloud Email Security Solutions To The Public SectorGlobeNewswire•Mar 18, 2021•Carahsoft, Area 1 Security
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Area 1 Security Appoints Steve Pataky as Chief Revenue OfficerAiThority•Sep 02, 2020•Area 1 Security, Ubiq Security
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Virtru And Area 1 Security Partner To Deliver Comprehensive Cloud Email ProtectionAiThority•Aug 11, 2020•Virtru, Area 1 Security
•
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Area 1 Security Raises $25 Million in Funding Led by ForgePoint Capital to Drive Fast-Growing Cloud Email Security MarketICrowdNewswire•Jun 29, 2020•Area 1 Security, ForgePoint Capital, Kleiner Perkins, Icon Ventures and 1 other
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