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Email Security Software · Rank #3 of 10

Mimecast

Legacy SEG with mature archiving and awareness training bundle; PE-owned post-2022.

By Mimecast Limited (Permira) · Founded 2003 · London, UK / Lexington, MA · pe backed

Mimecast is the legacy email security and continuity platform founded in London in 2003. Permira took the company private in August 2022 at $5.8B. The product's historical strength is the integrated bundle of email security + email continuity + archiving + security awareness training, particularly attractive for buyers wanting a single vendor for those four functions. Acquired Code42 in 2024 for insider risk capability and Aware in 2024 for collaboration security. Trade-offs: similar to Proofpoint, PE ownership has driven aggressive pricing escalation, behavioral AI lags Abnormal, and Microsoft Defender for O365 is the constant replacement threat at every renewal.

Best for

Mid-market and enterprise buyers (500-50,000 employees) wanting an integrated bundle of email security + continuity + archive + awareness training under a single vendor, particularly in the UK and EU.

Worst for

Microsoft 365 E5 shops consolidating (Defender for O365 wins), modern AI-behavioral leadership buyers (Abnormal wins), or buyers wanting transparent pricing.

Vendor Trust Score

Is Mimecast a trustworthy vendor?

6.3/10
Mixed
Pricing transparency
Published rates; no hidden fees
4.5
Contract fairness
Reasonable terms; no auto-renew traps
6.0
Incident response
How they handle outages and breaches
7.5
Post-acquisition behavior
Customer treatment after M&A or PE
6.0
Executive stability
Leadership churn over 24 months
7.0
Roadmap honesty
Public commitments held
6.5
Trust signal log
  • 2022-05-10
    Permira announced $5.8B take-private of Mimecast
  • 2022-08-25
    Permira take-private completed; Mimecast delisted from Nasdaq
  • 2023-09-12
    First post-PE pricing increase wave reported (10-15% on renewing customers)
  • 2024-04-22
    Acquired Code42 for insider risk capability
    Filled visible insider-risk product gap
  • 2024-08-19
    Acquired Aware for collaboration channel security
  • 2025-03-15
    X1 unified platform announced; transition from legacy console begins
  • 2025-09-22
    Pricing increases reported 12-18% for 2025 renewing cohort
Vendor Trust is scored independently of product quality. A great product from an unfair vendor still earns a low trust score.
Review Intelligence

What 1,680 reviews actually say

Synthesized from G2, Capterra, Reddit, Trustpilot. Patterns >15% prevalence shown.

Last synthesized
2026-04-30

Praise patterns

  • Integrated bundle (security + continuity + archive + training) genuinely useful
    78%
  • Email continuity differentiator during M365 outages
    64%
  • Strong archiving and e-discovery
    51%
  • Right call for UK and EU data residency
    47%

Complaint patterns

  • PE-driven price escalation aggressive at renewal
    71%
  • Behavioral AI lags Abnormal
    51%
  • Platform UX dated and multi-console
    47%
  • Microsoft Defender for O365 increasingly viable replacement
    38%
  • Customer support quality declined post-take-private
    38%
Sentiment trend (6 months)
72/100 -1 pts
12
01
02
03
04
05
Patterns are extracted from review corpus and human-verified. We surface trends, not anecdotes.
Verified Pricing

What buyers actually pay

247 anonymized deal disclosures · last updated 2026-04-30

Contribute your deal price
Company size Median annual
500-2,500 mailboxes $42,000
2,500-10,000 mailboxes $156,000
10,000+ mailboxes $540,000
Listed-price history
2022
Email Security Standard
$
+ $4.2/emp
2023
Email Security Standard
$
+ $4.75/emp
2024
Email Security Standard
$
+ $5.3/emp
2025
Email Security Standard
$
+ $6.1/emp
2026
Email Security Standard
$
+ $6.85/emp
Verified pricing is crowdsourced from buyers under anonymity guarantees. Vendor-listed prices are validated against actual deals quarterly.
Compliance & Security

Auto-verified certifications

Verified 2026-05-01
SOC 2 Type II
ISO 27001
HIPAA
GDPR
CCPA
PCI DSS
FedRAMP Authorized

Editorial: Strengths

  • Integrated bundle: email security + continuity + archive + awareness training
  • Mature email continuity (mail-flow during M365 outage), genuinely useful differentiator
  • Strong archiving and e-discovery
  • Code42 (insider risk) and Aware (collaboration) acquisitions extend platform
  • Broad European installed base; strong UK and EU data residency
  • Mature MSSP and SI partner ecosystem

Editorial: Weaknesses

  • PE-driven price escalation aggressive (10-18% annual increases reported under Permira)
  • Behavioral AI lags Abnormal materially
  • Platform UX dated; multi-console workflow
  • Microsoft Defender for O365 erodes installed base on every M365 E5 renewal
  • Customer support quality declined post-2022 take-private
  • Innovation pace slower than modern AI-behavioral challengers

Key features & integrations

  • +Pre-delivery secure email gateway
  • +Email continuity (mail-flow during M365/Workspace outage)
  • +Email archiving and e-discovery
  • +Targeted Threat Protection, URL and attachment sandbox
  • +DMARC analyzer and brand exploit protection
  • +Security awareness training (Ataata heritage)
  • +Code42 insider risk integration (post-2024 acquisition)
  • +Aware collaboration security (post-2024 acquisition)
200+ integrations
Microsoft 365Google WorkspaceMicrosoft SentinelSplunkCrowdStrike FalconOkta
Geography supported
Global; strongest in UK, EU, US, AU, ZA
Best fit
500–50,000+ employees · Mid-market and enterprise buyers wanting bundled email security + continuity + archive + training
Editorial deep-dive

Read our full ranking of Email Security Software

Mimecast ranks #3 in our editorial review of 10 email security software platforms. The deep-dive covers methodology, comparison tables, decision matrix, migration scoring, and FAQs.

Read the full ranking

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