Cybersecurity software provider Solebit has been acquired for about $88m after raising $13m from investors including MassMutual Ventures.
Solebit, a US-based cybersecurity technology developer backed by insurance provider Massachusetts Mutual Life Insurance, has been acquired by email and data security firm Mimecast for $88m in cash.
Founded in Israel in 2014, Solebit has developed a software platform called SoleGate Security Platform which stops malicious software code being executed, by employing static analysis to screen all of a customer’s inbound communications in real-time.
Static analysis refers to examining source code without executing the software to which it relates. Mimecast…
