LookingGlass announces Cyveillance acquisition
LookingGlass Cyber Solutions™, an Arlington, VA-based threat intelligence driven security and dynamic threat defense company, announced on December 11 its acquisition of Cyveillance, a leader in open-source threat intelligence (OSINT), along with a $50 million round of Series C financing led by NewSpring Capital (NewSpring). This strategic acquisition solidifies LookingGlass’ ability to deliver the most advanced and comprehensive threat intelligence driven solutions from a single company, enabling security teams to have the best ability to find and mitigate threats using threat, Internet and customized intelligence. The transaction, which closed on December 11, 2015, caps off a record year following the company’s $20 million Series B Funding and earlier acquisitions of CloudShield and Kleissner & Associates.
“Our acquisition of Cyveillance further advances our corporate strategy of delivering the most comprehensive threat intelligence capability in the market. The addition of Cyveillance allows LookingGlass to expand our coverage across the risk landscape helping security teams stay ahead of threats in an efficient and effective way,” said Chris Coleman, CEO of LookingGlass.
External, internal and physical threats pose substantial risks to an organization’s intellectual property, revenue, brand, reputation, customer and partner data. The magnitude of available threat data makes it extremely difficult to create meaningful, actionable threat intelligence.
The combination of LookingGlass’ proven suite of threat and Internet intelligence driven solutions with Cyveillance’s customer-specific customized solutions focused on unstructured and open source intelligence enables broad visibility and unparalleled understanding of risks and threats across the entire Internet to help clients take swift, confident action on prioritized, relevant threats.
“LookingGlass’ product suite addresses every stage of the threat intelligence lifecycle, providing an outstanding breadth of data, actionable insights and automated responses,” said Glenn Rieger, NewSpring General Partner. “Chris Coleman has recruited an exceptional team with extensive cyber and network security experience and we look forward to working together.”
Source: LookingGlass Cyber Solutions