Material Security, which helps enterprises protect sensitive info stored in email accounts even if they are hacked, raises a $100M Series C at a $1.1B valuation (Kenrick Cai/Forbes)

Kenrick Cai / Forbes:
Material Security, which helps enterprises protect sensitive info stored in email accounts even if they are hacked, raises a $100M Series C at a $1.1B valuation  —  A growing wave of tech layoffs have given rise to remorseful CEOs’ lamentations that they hired too quickly during the pandemic.