Information Security

IoT Security Startup Armis Seeks Another $300M Of Funding: Report

by Michael Novinson

Armis expects most of the money to come from a single new strategic investor at a $3.5 billion valuation and anticipates that will be the IoT security vendor’s final funding round before pursuing an initial public offering, Calcalist reported.
Frank Vitagliano: ‘The Smart Money … Has Gravitated To The Distributors’

by Michael Novinson

‘The smart money in the marketplace … has gravitated to the distributors. What they see is not only the value of what we’re doing today, but also the opportunity to enhance that,’ says Frank Vitagliano, CEO of the Global Technology Distribution Council.
Cynet: Automate, Consolidate Security Functions With XDR

by Michael Novinson

‘When you’re selling one consolidated XDR platform, it’s a single setup,. Your win rates are higher, and your margins are higher as well,’ says Royi Barnea, Cynet’s head of channel sales in North America.
Wiz Raises $250M On $6B Valuation To Support More Clouds

by Michael Novinson

‘Wiz is coming with a different approach to an existing market. We’re enabling the bird’s eye view for the security team,’ Wiz co-founder and CEO Assaf Rappaport tells CRN after closing a $250 million Series C funding round.
Forcepoint To Acquire Cloud Security Startup Bitglass

by Dylan Martin

This marks Forcepoint’s third acquisition deal this year after it announced an agreement to buy Deep Secure in June and bought Cyberinc in May. Besides Netskope, Bitglass had been one of the few remaining Cloud Access Security Broker vendors to not get acquired. Manny Rivelo, CEO of Forcepoint, says the acquisition will give Forcepoint new ways to help customers secure data in increasingly hybrid work environments.
STG Closes $1.2B FireEye Buy, Merges It With McAfee Enterprise

by Michael Novinson

‘We need to get back to innovating, we need to get back to investing ... I think that’s going to help us get back to growth and growing much faster than we have over the last couple years,’ CEO Bryan Palma tells CRN.
Orca Security Raises $340M To Scale Platform R&D, Channel

by Michael Novinson

‘We’re executing and growing so rapidly in such a huge market ... Investors are expecting to see Orca become the next leader of cloud security,’ says Orca Security Co-Founder and CEO Avi Shua as the cloud security startup notched a $1.8 billion valuation.
Mandiant Taps Security Vet Dee Dee Acquista To Lead Channels

by Michael Novinson

‘There are very few companies honestly that I would have been willing to come back into the workforce for. We‘re on the cusp of this very interesting journey where we’re going to redefine ourselves with the partner community,’ Acquista tells CRN exclusively.
Ivanti Promotes Jeff Abbott To CEO To Drive Hypergrowth

by Michael Novinson

‘Jeff is a natural leader and has been instrumental in helping Ivanti achieve the success we have realized the last two years, and I’m excited to watch Ivanti continue to growth at an accelerated rate under his leadership,’ says outgoing Ivanti CEO Jim Schaper.
One Identity Buys OneLogin To Create Broader Identity Platform

by Michael Novinson

‘No one else in the industry has what we have to offer. We have a lead of many, many years over our competitors,’ says One Identity President and General Manager Bhagwat Swaroop following the acquisition of OneLogin.
McAfee Enterprise-FireEye Products To Merge Into $2B Titan

by Michael Novinson

The combined 5,000-employee company will be led by former Blackberry President and Cisco SVP Bryan Palma, while Ian Halifax, who has served as Riverbed Technology’s chief financial officer since December 2019, will step into the CFO role.
Arctic Wolf Buys Security Awareness Content Startup Habitu8

by Michael Novinson

‘We both have a pretty firm philosophical belief that there’s a right way to do awareness. With his [Habitu8 CEO Jason Hoenich’s] background from Disney and Sony, his standard of quality for the content and for the programs is higher,’ says Arctic Wolf’s Steve Buege.
Akamai To Buy Micro-Segmentation Firm Guardicore For $600M

by Michael Novinson

‘Just as the waterproof bulkheads in a submarine prevent adjacent compartments from becoming flooded in the event of a hull breach, Guardicore’s micro-segmentation contains the ‘blast radius’ from a malware attack,’ writes Akamai’s Charlie Gero.
SolarWinds Hackers Stole Info From Microsoft AD Servers In New Attack

by Michael Novinson

‘What I cannot get is why customers still do not protect their AD FS keys in an HSM - if they still use AD FS. This was a key vector during the SolarWinds attack and the actor behind it is still chasing these keys,’ Microsoft’s Roger Halbheer writes on LinkedIn.
Ping Identity Buys Singular Key To Integrate Identity Services

by Michael Novinson

‘It’s really going to tie all of the services that we have in PingOne together and make it easier to use those in combination as well as third-party services,’ Ping Identity Chief Product Architect Patrick Harding tells CRN.

Security

IoT Security Startup Armis Seeks Another $300M Of Funding: Report

by Michael Novinson

Armis expects most of the money to come from a single new strategic investor at a $3.5 billion valuation and anticipates that will be the IoT security vendor’s final funding round before pursuing an initial public offering, Calcalist reported.

Frank Vitagliano: ‘The Smart Money … Has Gravitated To The Distributors’

by Michael Novinson

‘The smart money in the marketplace … has gravitated to the distributors. What they see is not only the value of what we’re doing today, but also the opportunity to enhance that,’ says Frank Vitagliano, CEO of the Global Technology Distribution Council.

Cynet: Automate, Consolidate Security Functions With XDR

by Michael Novinson

‘When you’re selling one consolidated XDR platform, it’s a single setup,. Your win rates are higher, and your margins are higher as well,’ says Royi Barnea, Cynet’s head of channel sales in North America.

Wiz Raises $250M On $6B Valuation To Support More Clouds

by Michael Novinson

‘Wiz is coming with a different approach to an existing market. We’re enabling the bird’s eye view for the security team,’ Wiz co-founder and CEO Assaf Rappaport tells CRN after closing a $250 million Series C funding round.

Forcepoint To Acquire Cloud Security Startup Bitglass

by Dylan Martin

STG Closes $1.2B FireEye Buy, Merges It With McAfee Enterprise

by Michael Novinson

‘We need to get back to innovating, we need to get back to investing ... I think that’s going to help us get back to growth and growing much faster than we have over the last couple years,’ CEO Bryan Palma tells CRN.

Orca Security Raises $340M To Scale Platform R&D, Channel

by Michael Novinson

‘We’re executing and growing so rapidly in such a huge market ... Investors are expecting to see Orca become the next leader of cloud security,’ says Orca Security Co-Founder and CEO Avi Shua as the cloud security startup notched a $1.8 billion valuation.

Mandiant Taps Security Vet Dee Dee Acquista To Lead Channels

by Michael Novinson

‘There are very few companies honestly that I would have been willing to come back into the workforce for. We‘re on the cusp of this very interesting journey where we’re going to redefine ourselves with the partner community,’ Acquista tells CRN exclusively.

Ivanti Promotes Jeff Abbott To CEO To Drive Hypergrowth

by Michael Novinson

‘Jeff is a natural leader and has been instrumental in helping Ivanti achieve the success we have realized the last two years, and I’m excited to watch Ivanti continue to growth at an accelerated rate under his leadership,’ says outgoing Ivanti CEO Jim Schaper.

One Identity Buys OneLogin To Create Broader Identity Platform

by Michael Novinson

‘No one else in the industry has what we have to offer. We have a lead of many, many years over our competitors,’ says One Identity President and General Manager Bhagwat Swaroop following the acquisition of OneLogin.

McAfee Enterprise-FireEye Products To Merge Into $2B Titan

by Michael Novinson

The combined 5,000-employee company will be led by former Blackberry President and Cisco SVP Bryan Palma, while Ian Halifax, who has served as Riverbed Technology’s chief financial officer since December 2019, will step into the CFO role.

Arctic Wolf Buys Security Awareness Content Startup Habitu8

by Michael Novinson

‘We both have a pretty firm philosophical belief that there’s a right way to do awareness. With his [Habitu8 CEO Jason Hoenich’s] background from Disney and Sony, his standard of quality for the content and for the programs is higher,’ says Arctic Wolf’s Steve Buege.

Akamai To Buy Micro-Segmentation Firm Guardicore For $600M

by Michael Novinson

‘Just as the waterproof bulkheads in a submarine prevent adjacent compartments from becoming flooded in the event of a hull breach, Guardicore’s micro-segmentation contains the ‘blast radius’ from a malware attack,’ writes Akamai’s Charlie Gero.

SolarWinds Hackers Stole Info From Microsoft AD Servers In New Attack

by Michael Novinson

‘What I cannot get is why customers still do not protect their AD FS keys in an HSM - if they still use AD FS. This was a key vector during the SolarWinds attack and the actor behind it is still chasing these keys,’ Microsoft’s Roger Halbheer writes on LinkedIn.

Ping Identity Buys Singular Key To Integrate Identity Services

by Michael Novinson

‘It’s really going to tie all of the services that we have in PingOne together and make it easier to use those in combination as well as third-party services,’ Ping Identity Chief Product Architect Patrick Harding tells CRN.

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