Mimecast buys Ataata for Next Frontier’s first exit


Last week, Mimecast Limited, a publicly traded email and data security company, announced it has acquired venture-backed Ataata Inc, a cyber security training and awareness platform designed to reduce human error in the workplace. Terms of the acquisition weren’t disclosed. Late last year, Ataata had raised $3 million in sed funding led by Next Frontier Capital with participation from TEDCO, 2M, SaaS Ventures, ARRA Capital and others. Next Frontier said the acquisition is the firm’s first exit.

Source: Press release

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