Email security provider Mimecast files for U.S. IPO

Email security provider Mimecast files for U.S. IPO, Email aegis provider Mimecast Ltd on Friday filed for an antecedent accessible alms in the United States, the latest cybersecurity close searching to go accessible to capitalize on broker absorption afterward a access of hacker attacks.

Mimecast, whose barter cover software maker NetSuite Inc and commercial behemothic Omnicom Group Inc, said it affairs to account its shares on the Nasdaq beneath the attribute "MIME".

Goldman Sachs, Barclays, Jefferies, RBC Capital Markets and Oppenheimer & Co are underwriting the IPO, the aggregation said in a filing with the Securities and Exchange Commission.

Businesses are spending added to defended their computer networks afterward a cord of high-profile abstracts breaches at Sony Corp, JPMorgan Chase & Co and Anthem Inc.

Shares of Rapid7 Inc, which helps businesses appraise and adviser aegis risks, opened at $26.75, aloft the IPO amount of $16 per share, in their admission on July 17.

Mimecast said in September it was the victim of a cyber advance that prevented some U.S. barter from accessing email.

The aggregation has 10,000 barter and rivals cover Proofpoint Inc and Symantec Corp.

Mimecast's investors cover Insight Venture Partners, Dawn Capital and Index Ventures.
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