PerimeterX Raises $57M For Geographic, Vertical Growth
‘Our investors deeply believe in our vision of protecting the modern web apps that fuel today’s digital businesses with a single platform that works across hybrid edge-based infrastructure,’ says PerimeterX CEO Omri Iluz in a statement. By Michael Novinson February 23, 2021, 10:16 AM EST
Application security vendor PerimeterX has raised $57 million to expand its reach beyond the retail e-commerce vertical and strengthen its presence in Europe and Asia-Pacific.
The San Mateo, Calif.-based company said the funding round led by AllianceBernstein will allow it to move into new industries such as financial services where it’s seeing strong customer interest. The funding comes after two of PerimeterX’s top bot management competitors Distil Networks and Shape Security were sold to Imperva and F5 Networks, respectively, in recent years.
Forescout CMO Leaving Company As Exec Turnover Continues
‘They [Forescout] actually need new and updated messaging as they are starting to get drowned out in the market with other IoT players coming up like Armis, Ordr and Palo Alto Networks,’ one partner tells CRN. By Michael Novinson February 19, 2021, 04:40 PM EST
Forescout Chief Marketing Officer Neville Letzerich will be departing the company next week, the latest in a string of executive departures for the IoT security vendor.
Letzerich joined Forescout in November 2019 following a short stint at Virtru and was influential to the entire organization, particularly as it relates to the company’s new branding, a source familiar with the situation told CRN. He is being replaced by VP of Revenue Marketing Kerry Ford and VP of Corporate Marketing Katie Beck, who are taking on expanded roles to co-lead marketing, according to Forescout.
SailPoint To Buy SaaS Application Management Startup Intello
Buying early-stage vendor Intello will help SailPoint customers discover, manage and secure SaaS applications that are currently outside the IT organization’s purview, the company says. By Michael Novinson February 18, 2021, 05:57 PM EST
SailPoint has agreed to purchase early-stage vendor Intello to extend the right security controls to ungoverned SaaS applications that lie hidden across an organization’s environment.
The Austin, Texas-based identity security vendor said its proposed acquisition of New York-based Intello will help customers discover, manage and secure SaaS applications that are currently outside the IT organization’s purview. The deal will address the current lack of visibility into what SaaS applications exist across a business as well as help properly manage and secure access to those apps for all workers.
Microsoft On-Premises Warning: Customers Must Protect Their Own Identity Infrastructure
‘We were also reminded of the importance of cloud technology over on-premises software. Cloud technologies like Microsoft 365, Azure and the additional premium layers of services available as part of these solutions improve a defender’s ability to protect their own environment,’ writes Vasu Jakkal, Microsoft’s corporate vice president of security, compliance and identity, in a blog post. By Mark Haranas, Michael Novinson, Steven Burke February 19, 2021, 01:21 PM EST
Microsoft is urging customers to embrace the cloud for security, warning customers with on-premises services that they are responsible for protecting their own identity infrastructure.
CrowdStrike To Acquire Log Management Startup Humio For $400M
By leveraging Humio, CrowdStrike will help developers, security analysts and IT professionals gain complete observability to explore threats and vulnerabilities and obtain insight from computer-generated data in real time, says CrowdStrike CTO Michael Sentonas. By Michael Novinson February 18, 2021, 09:23 AM EST
CrowdStrike has agreed to purchase Humio to strengthen its ability to ingest and correlate data from any log, application or feed for actionable insight and real-time protection.
The Sunnyvale, Calif.-based endpoint security giant said London-based Humio’s native ability to ingest and analyze both unstructured and semi-structured data will enhance how the CrowdStrike platform addresses DevOps and DevSecOps issues. The deal will enable CrowdStrike to provide deep, contextual index-free eXtended Detection and Response (XDR) with speed and scale.