"With the ever-increasing complexity of digital environments and the pace of cyber threats across the world, we see an opportunity to build upon Fidelis' impressive technology and solidify its position within the IT security industry,"said Alex Soltani, chairman and CEO of Skyview. Solutions developed by Fidelis are delivered as standalone network, endpoint, and deception products;an integrated platform;or as a constantly operational managed detection and response service that augments existing security operations, threat hunting, and incident response capabilities. Fidelis also plans to monitor the number of net-new customers the combined company acquires going to market together. Ghosh said hes most interested in bringing CloudPassages capabilities to the Global 2000, which Fidelis classifies as large enterprises and which makes up the core of the companys customer base. We have established and look forward to building upon a strong relationship with key Fidelis customers.".
Jeff WhiteSkyview Capital, LLCHead of Business Development 2000 Avenue of the Stars 8th Floor North TowerLos Angeles, CA 90067310-273-6000[emailprotected], Cision Distribution 888-776-0942 is a journalist at SaaS Industry, covers SaaS start-ups, technology and tech companies.
Get the latest information on the next industry-leading Channel Partners event. Emmert, Chubb Buys Cignas Life Insurance Business, Care Access Buys Instituto Brasil de Pesquisa Clnica, Relation Insurance Acquires Dunn Insurance, Youngsoft Invests in Enterprise Software Solutions, Class Technologies Acquires Blackboard Collaborate, Fortis Solutions Group Buys Anchor Printing, Levine Leichtman Appoints New Head of Europe, GEF Capital Partners Purchases Lifecycle Renewables, Morningstar Acquires Praemius UK Business, Azelis Acquires the Distribution Assets of Ak-ta, Riveron Consulting Purchases Clermont Partners, WebMD Health Corp Buys Mercury Healthcare, Inszone Insurance Buys G.M. The combination of Fidelis market-leading XDR capabilities and CloudPassages battle-tested CSPM, CWPP, and container security automation will give the market the powerful, unified solution it has needed to secure both cloud-based applications stacks and the network connectivity that enables them. The acquisition of CloudPassage extends our vision to unify endpoint, network, cloud and deception in a single platform so our customers can detect and respond to adversaries earlier in the attack lifecycle, said Anup Ghosh, CEO of Fidelis Cybersecurity. improve your experience and our services. "With the ever-increasing complexity of digital environments and the pace of cyber threats across the world, we see an opportunity to build upon Fidelis' impressive technology and solidify its position within the IT security industry. While most other software offerings operate in silos, with no real integration, automation, and correlation, slowing their ability to detect, hunt and respond, the Fidelis Elevate platform connects the dots in one comprehensive integrated solution that works seamlessly across the network and endpoint stacks. "Skyview is committed to realizing the full value of Fidelis as a safeguard against cyber threats, and we are enthusiastic about identifying both organic and inorganic growth opportunities," added Mr. Soltani. CloudPassage was founded in 2009 and employs more than 70 people, all of whom will be joining Fidelis, the company said. With Halo, Fidelis says it better protects customers in the cloud with a proven, purpose-built unified cloud security platform. Informa PLC is registered in England and Wales with company number 8860726 whose registered and Head office is 5 Howick Place, London, SW1P 1WG. dlvr.it/SVDS0C https://t.co/KazkcJX3aM, Our roundup of distis and TSDs includes @Avant_CCC, @EXN_Networks, @pax8 and @AppSmartcom. Conversely, Ghosh said Fidelis has gotten out of the incident response and managed detection and response spaces so that the company can hand those services-based engagements to channel partners. 
Marlin Equity Partners is a global investment firm with over $3 billion of capital under management. For more information, please visit www.fidelissecurity.com. Nick Lantuh, president and chief executive officer of Fidelis Cybersecurity, sees the deal as a golden opportunity for growth. Fidelis is a leading provider of threat detection, hunting, and response solutions trusted by large corporations and government entities as the last line of defense. In addition, Fidelis provides managed detection and response, incident response, data science, and threat research as a service to the company's wide range of Fortune 1000 enterprise and public sector clients. Stating that the acquisition of CloudPassage unifies Fidelis vision to create a single platform to unify endpoint network, cloud, and deception, Anup opines that customers will be able to detect and react to adversaries in the earlier stages of the attack. The Bethesda, Md.-based extended detection and response (XDR) vendor was impressed by San Francisco-based CloudPassages ability to collect telemetry from different parts of the enterprise and deliver cloud security posture management and cloud workload protection from a single platform, according to Fidelis President and CEO Anup Ghosh (pictured). Get in the hunt.
CloudPassage has sold some to MSSPs and MDR providers who manage cloud security on behalf of their SMB customers, Ghosh said. Fidelis was acquired from a consortium of investors in a stock transaction in a deal that serves to increase Skyview's existing software technology portfolio. Want to reach our audience? By leveraging its operational resources and financial acumen, Skyview systematically enhances the long-term sustainable value of the businesses it acquires. Required fields are marked *. Adding the CloudPassage team and technology raises the bar in Active XDR. Terms of the deal, which closed late Wednesday, werent disclosed. Have ideas for a follow-up article. Fidelis Cybersecurity, an industry innovator in extended detection and response (XDR) solutions, has recently acquired CloudPassage to expand their companys reach in detecting and responding to threats, reports state. Thirty-nine percent of workers polled said theyd consider quitting if their employers didnt allow for a work from home option. Skyview Capital is a global private investment firm headquartered in Los Angeles, California, which specializes in the acquisition and management of mission critical enterprises in the areas of technology, telecommunications, business services, and manufacturing. Peter George, who will continue to lead Fidelis as CEO, commented, We are pleased to be partnering with a world-class private equity firm, with a long and proven history of growing technology businesses, to help us accelerate our unique and comprehensive advanced threat defense offering and market position. Click here for more information on our. Fidelis combats the full spectrum of cybercrime, data theft, and espionage by providing full visibility across hybrid cloud / on-prem environments, automating threat and data theft detection, empowering threat hunting and optimizing incident response with context, speed, and accuracy. Fidelis plans to spend the next year creating an integrated offering that marries capabilities from both companies to deliver comprehensive protection. Your email address will not be published. CloudPassage also initially focused on large enterprises, but in recent years had shifted its focus downmarket to SMBs. CloudPassage can also be integrated into the software development life cycle to ensure that SaaS applications developed in the cloud comply with regulations, according to Ghosh. Once businesses understand their exposure, Ghosh said its all about remediation, and customers can take advantage of the synergies between Fidelis endpoint technology and CloudPassages cloud workload monitoring. Fidelis Cybersecurity provides extended detection and response (XDR) solutions to Fortune 100 firms and governments worldwide. https://www.channelfutures.com/wp-content/themes/channelfutures_child/assets/images/logo/footer-new-logo.png, Microsoft, Oracle Extend Alliance with Enhanced Azure-OCI Integration. from 8 AM - 9 PM ET. Fidelis was impressed by CloudPassages ability to collect telemetry from different parts of the enterprise and deliver cloud security posture management and cloud workload protection from a single platform. CloudPassages Halo platform unifies servers, containers, and IaaS resources and streamlines workflows between InfoSec and DevOps. Confluent to offer 100 new jobs in India; opens office in Bangalore, Zoom launches workspace reservation to optimize hybrid work environments, Rahi to host flagship tech day event for first time in India, Digital adoption helps SMBs stay afloat amid headwinds, Trading platform MarketWolf eyeing expansion with $10MN series A fundraise, CEMEXs venture arm focused on construction industrys future players. The Singapore-based startup plans to offer stock trading services to new investors in other countries, including India.
The combination of Fidelis market-leading XDR capabilities and CloudPassages battle-tested CSPM, CWPP, and container security automation will give the market the powerful, unified solution it has needed to secure both cloud-based application stacks and the network connectivity that enables them. Sweet will assume the role of Chief Cloud Security Officer at Fidelis Cybersecurity. Fidelis Cybersecurity has purchased cloud security vendor CloudPassage to broaden the companys reach around detecting and responding to threats.
Not only can our customers get out in front of adversaries across hybrid environments, but they can now increase the cost and complexity to the adversary by incorporating deception technology.. For additional information, please contact Peter Spasov at (310) 364-0100 or via e-mail at pspasov@marlinequity.com. CloudPassages technology makes it possible for customers to discover cloud assets they didnt even know they had and get reports on exposure associated with those assets, Ghosh said.
Fidelis Cybersecurity, No. Fidelis Elevate unifies detection and response on endpoint, network and cloud with integrated deception technologies.
CloudPassage safeguards cloud infrastructure for organizations in finance, ecommerce, gaming, B2B SaaS, health care, biotech and digital media. Fidelis' market-leading Elevate platform consists of Network, Endpoint, and Deception products that unlock the power of raw data through a fully-integrated, automated, and correlated platform. Use phrases "in quotes" or the tools below to better filter your results.
In these sessions, we will review in more detail the key cloud security and compliance problems that the CloudPassage Halo product platform addresses and its unique lightweight approach. We are committed to offering any and all strategic and operational support to Fidelis' management team. Not only can our customers get out in front of adversaries across hybrid environments, but they can now increase the cost and complexity to the adversary by incorporating deception technology, Anup added. dlvr.it/SVD7P8 https://t.co/nbdTWZXFKA, Focus on optimizing cloud strategy during #cloudadoption journey, says @Asperitascloud. The CloudPassage team and technology raises the bar in Active XDR. Halos automation capabilities streamline and accelerate workflows between InfoSec and DevOps. Sign up for The Channel Report, Channel Futures Update, MSP 501 Newsletter and more. Lawrence Insurance, Creative Artists Agency Purchases ICM Partners, Clearlake Capital Acquires Intertape Polymer, Tiger Infrastructure Hires New Managing Director, Pipeline Technique Purchases Stanley Oil & Gas, Twin Bridge Capital Closes Fifth Flagship Fund, Bureau Veritas Acquires Testing Laboratory, Alkegen Invests in Luyang Energy-Saving Materials, CECO Environmental Buys Western Air Ducts, Balmoral Funds Purchases Trecora Resources, UMB Bank Acquires Health Savings Business, BSN Sports AcquiresFoot LockersTeam Sales, carsales.com PurchasesTrader Interactive, Churchwick and Rockledge Acquire Sonesta Portfolio, Brixey & Meyer Capital Buys Unistrut Midwest, Permira and Hellman & Friedman Acquire Zendesk, Pebblebrook Hotel Trust Buys Gurneys Newport, Industrial Service Solutions Acquires Servo South, Arthur J. Gallagher & Co. Buys INNOVU Insurance, Audax Private Equity Invests in BlueCat Networks, ECP Closes Continuation Fund with $1.6 billion, Equality Asset Management Invests in Evention, Dynamic City Capital Buys Anaheim Portofino, Levine Leichtman Capital Partners Acquires TSS, Farmland Partners Purchases Farm in Nebraska, Credit Bureau Connection Appoints New CFO, Houlihan Lokey Hires New Managing Director, Post Capital Partners Invests in Ironmark, Sheridan Capital Partners Invests in RS&A, First Bancorp Buys GrandSouth Bancorporation, Pacific Woodtech Acquires LPs EWP Business, A&K Travel Buys Two Luxury Cruise Vessels, T30 Capital Partners with Blueprint Capital, Solomon Capital Holdings Buys Beaufort Group, CD&R Appoints New Senior Advisor to CD&R Funds, Great Hill Hires New Executive-in-Residence, Agilisium Consulting Acquires Ubique Digital, Elements Merges with OfficeScapes and Floorz, Allied Universal Acquires Three Security Firms, Ashcroft and SFO Capital Purchase Elliot Gateway, Intact Insurance Group USA Buys Highland Insurance, Targa Resources Acquires Lucid Energy Delaware, Talent Systems Purchases eTribez Casting Platform, Bensussen Deutsch & Associates Buys Idea Planet, Wheel Pros Purchases Transamerican Auto Parts, Innovia Medical Acquires Apdyne Medical Company, Alvarez & Marsal Hires New Senior Director, William Blair Hires New Managing Director, MidOcean Partners Hires New Manging Directors, Montecito Medical Acquires Surgery Center Property, Garnett Station Partners Invests in Woof Gang, AgCertain Industries Buys Maytag Dairy Farms, Cognitive Capital Buys Grand Equipment Company, Dogs 24/7 Purchases Learning Pawsibilities, SYSTM Foods Acquires Chameleon Organic Coffee, Karman Space & Defense Buys MG Resin Technology, Centennial Asphalt Acquires Asphalt Terminal, Compass Group Closes $255 Million Fund II, Northlane Capital Partners Invests in Infobase, Huntington Lends to PE-Backed Mills Products for Acquisitions, Paceline Equity Partners Buys Delta Hotel Virginia, Broad Sky Hires Head of Business Development, Axis Insurance Buys BMG Insurance Brokers, Vance Street Capital Acquires Eberle Design, Unique Indoor Comfort Acquires A-Total Plumbing, Posillico Civil Purchases Martins Construction, Wright National Flood Insurance Acquires FIP, SpartanNash Acquires Shop-N-Save Food Centers, Revelo Acquires Listopro Network of Professionals, Trilon Group Acquires Ramey Kemp Associates, Bain Capital Credit and J.C.
