Mimecast Limited is a provider of cloud security and risk management services for corporate information and e-mail. The Company’s suite of cloud services protects customers from the business and data security risks. It also mitigates the business disruption that e-mail failure or downtime causes. In addition, its archiving services secure, store and manage critical corporate communications and information to address the compliance and e-discovery requirements.
Mimecast began in James’ dining room in 2003 after meeting Peter Bauer, a young 28 year old, who was educated at my old school in South Africa. He had an outstanding idea as per the above and James backed him financially, networked his contacts proactively to secure business and was Chairman for the first 6 years. Indeed, the first Christmas party took place in James’ home.
The company floated on the Nasdaq in May 2016 and today has a valuation of $2.2 billion and more than 1300 employees – 400 of them working in the UK.