APJ

Armis Acquires Silk Security at a Cost of US$150M

Armis

Armis creates the first true AI-driven Cyber Threat Exposure Management platform as it builds AI Cybersecurity powerhouse

Armis has acquired Silk Security, the platform for cyber risk prioritisation and remediation, for a total of US$150M, and will integrate the Silk Platform into the Armis Centrix AI based Vulnerability Prioritization and Remediation solution to supercharge its capabilities and now be able to provide security teams with a consolidated view of security findings that encompass all sources of data from on prem devices to cloud compute, code, and application security tools, and fully manage and automate remediation.

“Global enterprises and governments need a platform that can address the entire lifecycle of cybersecurity threats.”

Yevgeny Dibrov, CEO and Co-Founder, Armis.

“Global enterprises and governments need a platform that can address the entire lifecycle of cybersecurity threats,” said Yevgeny Dibrov, CEO and Co-Founder, Armis. “Given today’s complicated, dynamic threat landscape, legacy technologies and point solutions are no longer fit for purpose. To ensure the entire attack surface is both defended and managed in real time, organisations need a comprehensive solution that quantifies and reduces risk continually through the ability to prioritise and remediate the most important security findings at any given time, in any environment.”

Silk Security was founded in 2022 by three security professionals: Yoav Nathaniel, CEO, Or Priel, CPO and Bar Katz, CTO, who all saw first-hand how frustrating the current process of alert remediation is for practitioners, operational teams, and business stakeholders. Silk Security raised US$12.5M from Insight Partners, the Crowdstrike Falcon fund and Hetz Ventures. 

“We are extremely excited to be joining forces with Armis and to have the opportunity to bring our technology into the Armis solution stack. Organisations across the world are struggling to address increasing concerns about security risks to ensure business continuity. These concerns can be resolved by creating proactive strategies to identify, manage and reduce those risks,” said Yoav Nathaniel, CEO and Co-Founder, Silk Security. “Customers of Silk Security and Armis are going to have an accelerated advantage in the use of our technology with this unprecedented integration, benefiting from a holistic approach for exposure management that works even for the most complex organisations.”

By acquiring Silk Security, Armis Centrix will now encompass all sources of data including from on prem devices to code, cloud and application security tools. This will provide security and developer teams with a consolidated view into any security findings and will empower them to manage the remediation process in an effective way.

Related posts

Canon India with JIM enhances its Training Program Under Skill India Initiative

enterpriseitworld

Toshiba Unveils feature rich C350NP Smart Google TV at INR 26,999

enterpriseitworld

Tech Data Acquires Orca Tech

enterpriseitworld
x