At a glance.
- Cisco to acquire Epsagon.
- Mandiant acquires Intrigue.
- InfoSum raises $65 million in Series B round.
Mergers and acquisitions.
Cisco will acquire Israeli application monitoring company Epsagon for $500 million, TechCrunch reports. Cisco stated, "Epsagon’s technology and talent align well with Cisco’s vision to enable enterprises to deliver unmatched application experiences through industry-leading solutions with deep business context. By contextualizing and correlating visibility and insights across the full stack, teams can improve collaboration to better understand their systems, solve issues quickly, optimize and secure application experiences and delight their customers. When the acquisition closes, the Epsagon team will join our Strategy, Incubation and Applications group."
FireEye's Mandiant has acquired Intrigue, an attack surface management company based in Austin, Texas. The company stated, "By offering Intrigue’s technology through the Mandiant Advantage platform, customers will be able to address critical gaps in their security programs by leveraging the latest attack surface management capabilities in an easy-to-use software-as-a-service (SaaS) platform."
Vancouver-based hardware and software company Tevano has agreed to acquire cyber deception technology provider Illuria Security. David Bajwa, CEO of Tevano, stated, "Through the implementation of Illuria's technology into our Health Shield platform, we realized the unique opportunity presented by Illuria's cyber-deception technology, both as part of the Health Shield solution and as a standalone application."
Austin, Texas-based secure identity company HID Global has acquired Rochester, New York-based Omni-ID, a company that manufactures "RFID tags and industrial IoT hardware devices for passive and active tagging, tracking, monitoring and alerting applications." The company stated, "The acquisition extends HID’s market leadership in RFID technology and strengthens its presence in India and China."
Investments and exits.
New York City-based secure data sharing platform provider InfoSum has raised $65 million in a Series B round led by Chrysalis Investments. According to VentureBeat, the company's President Lauren Wetzel says the funding will "be put toward doubling the size of the company’s engineering team, growing sales and customer operations, and expanding into new regions."
Santa Clara, California-based cloud data protection company Baffle has raised $20 million in a Series B round led by Celesta Capital, with participation from National Grid Partners, Lytical Ventures, Nepenthe Capital, True Ventures, Greenspring Associates, Clearvision Ventures, Engineering Capital, and Triphammer Ventures. The company's CEO and co-founder Ameesh Divatia stated, "With this fundraising, we’re scaling up our product development and go-to-market engine to further position us to meet accelerating market demand for data-centric cloud data protection and digital information sharing across businesses and applications."
Massachusetts-based RSA Security has received an investment from Clearlake Capital Group. The amount of the investment wasn't disclosed. RSA's CEO Rohit Ghai stated, "Clearlake's investment in RSA comes at an opportune time and will support the Company as it looks to accelerate innovation in the key cybersecurity and risk management markets in which we operate."
Palo Alto Networks has named BJ Jenkins as its new President Channel Futures reports. Jenkins was previously CEO of Barracuda, where he'll be succeeded as CEO by Hatem Naguib. Jenkins will continue serving on Barracuda's board of directors.
Exabeam has also appointed Sean Abbott as its first APAC channel chief, CRN reports.
CACI International has appointed Major General (Ret.) Peter Gallagher as a Senior Vice President, where he'll "serve as principal advisor to the sector president and lead the integration strategy of innovative technology solutions for national security customers."