Armis announced it has acquired Silk Security for a total of $150 million and will integrate the Silk Platform into the Armis Centrix AI-based Vulnerability Prioritization and Remediation solution to enhance 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-premise devices to cloud compute, code, and application security tools, and fully manage and automate remediation.
Silk Security was launched in 2022 by three security professionals: Yoav Nathaniel, CEO; Or Priel, CPO; and Bar Katz, CTO. They saw first-hand how frustrating the current alert remediation process is for practitioners, operations teams, and business stakeholders. Silk Security raised $12.5 million from Insight Partners, the Crowdstrike Falcon fund, and Hetz Ventures before the acquisition.
By buying Silk Security, Armis Centrix will now feature all data sources, including on-premise devices, code, cloud, and application security tools. And this will provide security and developer teams with a consolidated view of any security findings and empower them to manage the remediation process effectively.
This acquisition completes Armis’ strategy of building a comprehensive platform to see, protect, and manage all assets and devices anywhere in the organization’s digital footprint. Over the past eight years, Armis engineered and developed its AI-powered Armis Centrix platform to address all facets of cyber threat exposure management, from asset discovery and management to vulnerability discovery, prioritization, and now remediation.
KEY QUOTES:
“Global enterprises and governments need a platform that can address the entire lifecycle of cybersecurity threats. 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, organizations need a comprehensive solution that quantifies and reduces risk continually through the ability to prioritize and remediate the most important security findings at any given time, in any environment.”
– Yevgeny Dibrov, CEO and Co-Founder, Armis
“We are extremely excited to be joining forces with Armis and to have the opportunity to bring our technology into the Armis solution stack. Organizations 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. 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 organizations.”
– Yoav Nathaniel, CEO and Co-Founder, Silk Security
