Quick Take: SentinelOne Acquires PingSafe, Expands Unified Security Offerings

SentinelOne Logo

SentinelOne, a leader in AI-driven security, announced its pending acquisition of PingSafe, an emergent player in the Cloud Native Application Protection Platform (CNAPP) space, for an undisclosed amount.

The acquisition will allow SentinelOne to extend its cloud workload and data security offerings with PingSafe’s CNAPP technology to offer an integrated platform for comprehensive coverage and automation across cloud environments.

Halcyon’s Latest Funding Shows Robust Cybersecurity Growth

Abstract image representing cybersecurity

Halcyon, an emerging player in the cybersecurity anti-ransomware sector, recently marked a significant milestone in its growth trajectory, securing an additional $40 million in a Series B funding round. This recent infusion of capital brings the company’s total funding to an impressive $84 million, following a $44 million Series A round last April.

Quick Take: Chronosphere Acquires Calyptia

Deal

Chronosphere, a cloud-native environment observability provider, recently announced the acquisition of Calyptia, a specialist in observability pipelines. This marks a significant expansion in Chronosphere’s capabilities.

SentinelOne Earnings Validates Strategy

SentinelOne Logo

SentinelOne released earnings for its most recent quarter that beat consensus estimates for the top and bottom line for the third consecutive quarter, showing a dramatic year-over-year increase in revenue, annual recurring revenue (ARR), and growth in gross margin.

Lacework’s new SCA & SAST Cyber-Security Capabilities

Lacework

Cloud security provider Lacework recently announced the extension of its platform to include code security, enhancing its coverage of the full application lifecycle. The new features provide Lacework customers with comprehensive visibility throughout the application development process, helping to identify and address security issues before deployment.

Research Note: Cisco Fiscal Q1 2024 Earnings

Abstract image of earnings.

Cisco Systems, Inc. released its fiscal Q1 2024 earnings results, beating both revenue and EPS consensus estimates. As a bellwether in the technology sector, Cisco often sets the tone for industry trends and expectations. We take a look at Cisco’s earnings in this research note.

Palo Alto Networks Prisma Cloud Gains Code-to-Cloud Intelligence

Image of Palo Alto Networks HQ

Palo Alto Networks has unveiled the latest iteration of its leading Prisma Cloud offering, which it calls “Darwin.” The new Prisma Cloud release introduces tools and features that secure the entire application lifecycle, from the code’s inception to its deployment and runtime in the cloud.

SailPoint Introduces Atlas Identity Management Platform

Block diagram of SailPoint Atlas

SailPoint Technologies this week unveiled its new SailPoint Atlas platform, its new multi-tenant SaaS platform that serves as the foundation for the SailPoint Identity Security Cloud, offering a common set of services that simplify and accelerate identity security operations for modern enterprises.

Sysdig Sees Continued Momentum In Cybersecurity

logo

Context While Sysdig emerged in the observability space over a decade ago, the company entered the security realm in 2017, bringing container security features into its observability tools. Its offering correlates logs with the security information it collects on container workloads to identify threats. The company has grown since adding a cloud security posture management […]

Scality ARTESCA 2.0 Object Storage Focuses On CyberSecurity And Enterprise Features

Background Scality is a company with the wind at its back. Chief Marketing Officer Paul Speciale recently told me that the company outgrew the overall storage market in 2022, increasing its business by about 20% year-on-year. A surprising amount of that business, nearly 40%, was from public sector business, while another 40% was from enterprise […]

Inside the IBM FlashSystem Realtime Ransomware Detection

Background As the market for cybersecurity products explodes, we’re also beginning to see innovative approaches to detecting threats built into the infrastructure. A storage array, for example, should be able to detect data corruption. After all, storage is where your data lives. The challenge, however, is that a storage array often needs more context to […]

Palo Alto Networks Earnings Show Growing Momentum

Background The most recent projections from Canalys show that the cybersecurity market is expected to grow by 13.2% in 2023, with total spending of up to $223.8B worldwide. Cybersecurity products make up $79.5B and are expected to grow by 13% this year. Palo Alto Networks benefits from the overall growth of the market. The company […]