Safety intelligence agency LogRhythm Inc. introduced immediately it has acquired risk detection startup MistNet.IO Inc. for an undisclosed worth.
Based in 2016, MistNet affords a safety risk detection and prevention platform that’s designed to reduce publicity to cybersecurity dangers. The corporate’s major providing, TensorMist-AI, constructs a geodistributed, meshed information pipeline by combining scale-out information administration with distributed processing analytics.
TensorMist-AI is claimed to eradicate backhaul “tax” and scaling challenges which can be related to transferring massive quantities of knowledge over a wide-area community or to the cloud. Constructed for scale, TensorMist-AI delivers processing energy as safety wants dictate, guaranteeing information privateness and compliance on the similar time.
MistNet’s platform affords assist for Cisco, Docker, Microsoft Azure, Google Cloud, Amazon Internet Companies, Elastic, Apache Spark, Splunk, Phantom, VMware, Kubernetes, Service Now, Fortinet, Jira, Palo Alto Networks, IBM, Juniper Networks and Hadoop.
For LogRhythm, the acquisition delivers the power to ship clever, machine learning-based detection and response capabilities that incorporate community detection, consumer and entity habits analytics, endpoint detection and response information, and extra MITRE ATT&CK detections to resolve present and rising safety and threat issues.
TensorMist-AI know-how additionally delivers AI capabilities to LogRhythm. The know-how gives improved community visibility to extend detection and scale back the time to reply to superior persistent threats that may bypass conventional perimeter defenses.
“Their resolution will facilitate our aim of addressing present and rising endpoint safety wants for our international prospects and companions,” Mark Logan, president and chief govt officer of LogRhythm, mentioned in a press release. “MistNet enhances our present SIEM platform by enhancing deep community visibility, habits analytics and risk detection capabilities and can speed up LogRhythm’s attain into the XDR market.”
Previous to its acquisition, MistNet had raised $7 million in enterprise capital funding from buyers that included WestWave Capital and Basis Capital.
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