Tenable Inc. today said it has entered an agreement to acquire Cymptom Labs Ltd., an attack path management startup, for an undisclosed price.
Founded in 2019, Cymptom proactively measures the impact of cybersecurity risk by mapping all attack paths before they happen. The company’s platform maps critical risk to the MITRE ATT&CK framework using agentless data collection technology to visualize all viable attack paths continuously — both on-premises and within the cloud.
Cymptom’s technology intentionally avoids installing agents or running simulations to provide organizations with simple deployment, immediate value and always-on, pre-emptive cyber resilience to support business initiatives.
The company argues that the growing complexity of relying on both data center on-premises networks and cloud-based systems has challenged visibility. Cymptom delivers a consolidated view of a company’s security posture that requires only one tool to understand the most urgent mitigation needs.
Upon completing the acquisition, Cymptom’s agentless platform will be integrated into Tenable’s threat and vulnerability data to provide an always-on view of every attack path. The addition of attack path analysis will bring additional context and prioritization capabilities to Tenable’s platform, with a unified view of assets and vulnerabilities.
“Risk prioritization has become a cornerstone of modern cybersecurity,” Nico Popp, chief product officer of Tenable, said in a statement. “By correlating software vulnerabilities and misconfigurations with network and access data, Cymptom can immediately identify exploitable attack and breach pathways.”
The acquisition of Cymptom is Tenable’s fourth in two years. Previous acquisitions include Alsid SAS for $98 million in February 2021. Coming into its acquisition, Cymptom had raised $4 million in funding, according to Crunchbase, from the Israel Innovation Authority and State of Mind Ventures.
The announcement of the acquisition came on the same day Tenable beat analysts’ expectations in its latest quarterly earnings report.
For the quarter ended Dec. 31, Tenable reported a profit before costs such as stock compensation of five cents a share on revenue of $149 million. According to Nasdaq.com, analysts were expecting three cents per share on revenue of $144.8 million.
The strong results drove Tenable’s share price up 4.6% after the bell.
Image: Cymptom
Show your support for our mission by joining our Cube Club and Cube Event Community of experts. Join the community that includes Amazon Web Services and Amazon.com CEO Andy Jassy, Dell Technologies founder and CEO Michael Dell, Intel CEO Pat Gelsinger and many more luminaries and experts.
Credit: Source link
