Lookout acquires CipherCloud to safe enterprises from endpoint to cloud

Endpoint safety firm Lookout has acquired CipherCloud, a cloud-native cybersecurity startup centered on the burgeoning safe entry service edge (SASE) safety sphere. Phrases of the deal weren’t disclosed.

Based in 2007, Lookout presents a spread of cellular safety merchandise spanning the patron and enterprise realms. For enterprises, Lookout presents a cloud-based platform designed to detect and reply to cyberattacks by staff’ cellular gadgets, together with phishing assaults, ransomware, and knowledge breaches. The San Francisco-based firm claims various notable purchasers, together with Landis+Gyr, Henkel, Nasdaq, and Schneider Electrical.

Amongst its merchandise is Lookout Mobile Endpoint Security, which provides organizations visibility into the dangers related to their staff’ smartphones and tablets and lets them apply insurance policies to scale back these dangers. Given its direct attain into each the patron and enterprise verticals, the corporate has entry to a major quantity of knowledge from throughout 185 million cellular gadgets, which helps Lookout adapt its machine studying algorithms to align with new and rising threats.

Above: Lookout Cell Endpoint Safety

Based in 2010, CipherCloud has more and more centered on an rising idea in cybersecurity generally known as SASE (pronounced “sassy”), a time period first coined in 2019 by Gartner. SASE is worried with making certain that customers and their gadgets have safe, speedy entry to their purposes and knowledge wherever they reside by adopting a single cloud service situated on the community edge. At its core, SASE units out to deal with the siloed safety measures which can be at the moment unfold between on-premises and the cloud. As cellular, cloud, and edge computing have more and more changed desktops, native space networks (LANs), and datacenters, it is sensible to transition safety to reduce latency and different efficiency points.

CipherCloud at the moment operates throughout numerous SASE-related classes, corresponding to zero-trust community entry (ZTNA), cloud entry safety dealer (CASB), safe internet gateway (SWG), and knowledge loss prevention (DLP). The corporate had raised round $80 million in external funding from traders corresponding to Andreessen Horowitz and has amassed a formidable roster of purchasers, together with Renault, Deutsche Telekom, Fujitsu, and EY.

Endpoint to cloud

Looker plans to mix CipherCloud’s SASE applied sciences with the Lookout Cell Endpoint Safety platform, placing the corporate in a robust place to “ship the trade’s first end-to-end platform that secures a company’s complete knowledge path from endpoint to cloud,” in accordance with a press launch. This built-in strategy will assist it “shut the gaps” that emerge when firms use a number of merchandise from completely different safety distributors.

It’s additionally price noting that having CipherCloud on board helps Looker diversify its product choices forward of a significant evolution in cybersecurity. Gartner predicts that SASE might be an $11 billion market by 2024, with “at least 40% of enterprises having express SASE methods.”