Datadog, a security-focused cloud monitoring platform for functions and infrastructure, has introduced plans to accumulate Sqreen, a cybersecurity startup that helps builders monitor and defend their net apps from vulnerabilities and assaults.
The New York-based firm additionally introduced that it has already acquired Timber Technologies, the developer behind Vector, a platform that captures, enhances, and routes cloud or on-premises observability data to any need vacation spot (e.g. Elasticsearch or Prometheus). Observability data, reminiscent of logs, traces, and metrics, is crucial to sustaining the well being and availability of a company’s functions.
Terms of the offers weren’t disclosed.
Datadog has made 4 earlier acquisitions, together with AI-powered app-testing startup Madumbo and log administration platform Logmatic.io. The newest acquisitions are available in per week that has seen motion throughout the enterprise observability sphere, with each Dynatrace and New Relic rolling out notable updates to their platforms.
Founded in 2010, Datadog presents builders and security groups the instruments to watch every thing of their stack, aggregating metrics and occasions throughout their servers, apps, and databases and presenting the data in a single unified view.
As with many cloud-focused firms, Datadog has benefited from the pandemic, with its shares almost quadrupling since final March. As its Q2 2020 income jumped 68%, Datadog cofounder and CEO Olivier Pomel mentioned COVID-19 had “illuminated the need to be digital-first and agile.” However, that’s solely a part of the story — Datadog additionally entered right into a strategic partnership with Microsoft again in September, a transfer that made Datadog accessible by way of the Azure console as “a first-class service.” Datadog’s shares jumped greater than 12% within the wake of this information.
Founded in 2015, San Francisco-based Sqreen operates an utility security administration (ASM) platform designed to guard apps from breaches by “tracing attacks from the network request to the code vulnerability.” The underpinning expertise is named Runtime Application Self-Protection Security (RASP) and embeds “microagents” into functions to establish and struggle threats. This contains many of the widespread assault strategies, reminiscent of SQL injections and cross-site scripting (XSS).
Sqreen had raised $18 million in exterior funding, together with its Greylock-led $14 million sequence A spherical again in 2019. Timber Technologies had raised round $6 million.
With Sqreen now underneath its wing, Datadog will likely be well-positioned to supply security and operations groups a “unified platform” for delivering and managing “secure and resilient applications,” in response to a press launch.
While Datadog already supplied its prospects some choices for managing their observability data within the cloud, Vector provides on-premises help to the combo, alongside some new options.
The Timber Technologies acquisition has already closed, and Datadog mentioned it expects the Sqreen deal to conclude someday in Q2 2021.
VentureBeat’s mission is to be a digital city sq. for technical decision-makers to realize data about transformative expertise and transact.
Our web site delivers important data on data applied sciences and methods to information you as you lead your organizations. We invite you to develop into a member of our neighborhood, to entry:
- up-to-date data on the topics of curiosity to you
- our newsletters
- gated thought-leader content material and discounted entry to our prized occasions, reminiscent of Transform
- networking options, and extra