Google Cloud and Recorded Future Begin New Year with Data Intelligence/Security Operations Acquisitions
Cybersecurity M&A activity got off to a big start yesterday in the cloud-based and enterprise security subsector. Google Cloud announced the $500 million acquisition of Israeli-based Siemplify, a startup that specializes in security orchestration, automation, and response (SOAR) services. Back in 2019, Recorded Future was the megadeal of the year when it was acquired in a $780M all-cash deal by private equity firm Insight Partners. Recorded Future yesterday also announced a $65 million acquisition of Los Angeles-based SecurityTrails, an internet inventory startup that collects and banks current and historical domain and IP address data, which represents innovation in the attack surface intelligence (ASI) space.
This post is based on an interview with Dr. Christopher Ahlberg, CEO and Co-Founder of Recorded Future. It is part of our series of interviews of OODA Network members. Our objective with these interviews is to provide actionable information of interest to the community, including insights that can help with your own career progression. We also really like highlighting some of the great people that make our continued research and reporting possible.
Every year during the RSA season OODA provides an updated list of what we see as the tech firms with the greatest potential to disrupt the cybersecurity market and improve an organization’s ability to manage cyber risk. We base the firms we track in this list off of our own continuous market research and then use the activities around RSA to interview company leaders and other industry professionals to select the firms we believe warrant special focus by the community.
The resulting list can serve multiple stakeholders. Investors can find firms that have demonstrated good product-market fit and are good candidates for follow-on funding. CISOs can find companies that have demonstrated real disruptive technology potential and at least enough traction to prove they are worth considering. And larger tech firms can find interesting businesses worth tracking for potential partnering and, perhaps later in the firm’s lifecycle, for potential M&A.