At a glance.
- Rapid7 acquires Minerva Labs.
- ThreatLocker to acquire HyperQube.
- RSAC Innovation Sandbox finalists.
Mergers and acquisitions.
Boston-headquartered Rapid7 has acquired Israeli endpoint security firm Minerva Labs for approximately $38 million in cash and stock. The company stated, "With this acquisition, Rapid7 will further extend its leading managed threat detection capabilities with the ability to orchestrate advanced ransomware prevention. These new capabilities will seamlessly extend MDR across cloud resources, traditional infrastructure, and existing endpoint protection infrastructure, enabling customers to further consolidate their security investments."
Orlando-based endpoint threat detection firm ThreatLocker has agreed to acquire assets of virtualization technology HyperQube, appointing former HyperQube Craig Stevenson as Director of ThreatLocker Ops. The company stated, "ThreatLocker Ops (Ops) was announced last month at ThreatLocker’s Zero Trust World conference. Ops is a policy-driven system that monitors behavior patterns of software with the addition of detection and alerts through event logging."
Australian technology solutions provider Interactive is acquiring Perth-based digital forensics firm Slipstream Cyber Security. Interactive stated, "Overnight, Interactive more than doubles its cyber security team to over 60 specialists, adding to its already 600 plus multi-skilled technology professionals across the business. It’s the first cyber security acquisition of its kind for Australia’s 35-year-old managed service provider, amplifying its existing, rapidly growing cyber security business."
Investments and exits.
Tennessee-based cyber disaster recovery firm Fenix24 has raised $5 million in funding from Eos Venture Partners. The company says the "investment will support Fenix24 in serving additional customers and further reducing downtime costs and financial impacts after a cybersecurity incident."
RSA Innovation Sandbox finalists announced.
"AnChain.AI is an AI-powered cybersecurity company enhancing Web3 security, risk and compliance strategies by providing both preventative and reactive countermeasures for crypto businesses, financial institutions and government agencies worldwide.
"Astrix lets you unleash the power of app-to-app connectivity by securing non-human identities across IaaS, PaaS and SaaS. It detects and remediates over-privileged, unnecessary, and malicious app-to-app connections exposing you to supply chain attacks, data leakage and compliance violations.
"Dazz connects code, artifacts, deployments and cloud environments with security tools for automated root cause analysis and fast developer-led remediation. They rapidly uncover blind spots, prioritize issues and streamline fixes in developers’ workflows, reducing risk windows.
"Endor Labs provides a Dependency Lifecycle Management Platform designed to address the weakest link in software supply chain security: the ungoverned sprawl of OSS in the enterprise. It helps developers reduce time dealing with security issues and more time accelerating development through safe code reuse.
"HiddenLayer, an AI Application Security company, helps enterprises safeguard the machine learning models behind their critical products with a comprehensive security platform. Its patent-pending solutions monitor machine learning algorithms for adversarial ML attack techniques.
"Pangea is a Security Platform as a Service that consolidates the fragmented world of security into a simple set of APIs through a trustworthy framework of security functions for developers to embed directly into their apps.
"Relyance AI manages privacy, data governance, and compliance operations, on a single, intuitive platform. It features a data protection platform that offers privacy at the code level -- without intrusion.
"SafeBase is a platform for trust communication that enables security and sales teams to proactively share and automate access to security, compliance and privacy information.
"Valence Security provides collaborative remediation workflows that engage with business users to contextualize and reduce SaaS data sharing, supply chain, identity and misconfiguration risks with scalable policy enforcement and automated workflows.
"Zama is a cryptography company building open source homomorphic encryption tools for developers. Their technology enables a broad range of privacy-preserving use cases, from confidential smart contracts to encrypted machine learning and privacy-preserving cloud applications."