Armis, the cybersecurity asset intelligence company, announced that it has acquired Silk Security , the leading cyber risk prioritization and management platform.
Armis has acquired Silk Security for a total of $150 million and will integrate the Silk Platform with the AI-based vulnerability prioritization and remediation solution Armis Centrix to increase its capabilities and now be able to empower security teams Provide a consolidated view of any security findings spanning all data sources from on-prem devices to code, cloud devices and application security tools, and fully manage and automate remediation.
“ Global companies and governments need a platform that can address the entire cybersecurity threat lifecycle,” said Yevgeny Dibrov, CEO and co-founder of Armis. “ With today’s complicated and dynamic threat landscape, standard technologies and point solutions are no longer fit for purpose. To ensure the entire attack surface can be both defended and managed in real time, organizations need a comprehensive solution that continuously quantifies and reduces risk through the ability to prioritize and remediate key security findings at any time and in any environment. ”
Silk Security was founded in 2022 by three security experts: Yoav Nathaniel, CEO, Or Priel, CPO, and Bar Katz, CTO, all of whom experienced firsthand how frustrating the current alert remediation process can be for practitioners, operational teams, and business stakeholders. Silk Security has raised $12.5 million from Insight Partners, Crowdstrike Falcon Fund and Hetz Ventures.
“ We are extremely excited to join forces with Armis and have the opportunity to bring our technology to the Armis solution stack. Organizations around the world are struggling to address increasing concerns about their security risks to ensure business continuity. These concerns can be addressed by developing proactive strategies to identify, manage and reduce these risks,” said Yoav Nathaniel, CEO and co-founder of Silk Security. “ With this unprecedented integration, Silk Security and Armis customers will be able to leverage our technology more quickly, benefiting from a holistic approach to exposure management that works for even the most complex organizations.”
With the acquisition of Silk Security, Armis Centrix™ will now span all data sources, from on-prem devices to code, cloud devices and application security tools. This will allow security and development teams to have a consolidated view of any security findings and enable them to effectively manage the remediation process.
This latest acquisition completes Armis’ strategy of building a comprehensive platform that can discover, protect and manage all assets and devices anywhere within the company’s digital footprint. Over the last eight years, Armis has designed and developed its AI-powered Armis Centrix™ platform to address all facets of cyber threat exposure management. From asset discovery and management to vulnerability discovery, prioritization and ultimately remediation.
SOURCE: BussinessWire