PR Newswire | January 03, 2024
SonicWall, a global cybersecurity leader, today announced the acquisition of Banyan Security, a leading provider of security service edge (SSE) solutions for the modern workforce. This acquisition strengthens SonicWall's portfolio by adding zero trust security relied on by leading fortune 100 companies to small businesses who are replacing legacy architectures for SSE solutions, including Zero Trust Network Access (ZTNA).
"Cybersecurity's focus is shifting to more dynamic solutions that can adapt to the ever-evolving landscape of threats in the cloud age," said SonicWall President and CEO Bob Vankirk. "For years, firewalls have been the cornerstone of cybersecurity defenses. However, with the rise of cloud computing and secure access service edge (SASE), the industry is shifting its focus to more comprehensive and flexible approaches that include SSE and ZTNA as a necessity. Together, SonicWall and Banyan Security will provide cloud-based secure access service edge (SASE) solutions that empower partners to deliver a security architecture for any stage of their customers' evolving cloud journey."
Banyan's technology further extends SonicWall's portfolio to the cloud and provides partners and their customers with more flexibility, which is key to the continued development of SonicWall's cybersecurity platform. The acquisition aligns with SonicWall's "best of suite" strategy — which includes network, endpoint, wireless, cloud email, and threat intelligence — under a single, multi-tenant portal. The platform also simplifies workflows and offers unified threat visibility, enabling service providers and end users to focus on what truly matters.
"For decades, SonicWall has played a pivotal role in supporting their partners by delivering leading cybersecurity solutions," said Joshua Skeens, CEO of Logically, a valued SonicWall partner. "They're now extending that to the cloud as the demand for cloud-first strategies is evident. As businesses embark on their cloud journey, they will require hybrid deployments which SonicWall is ideally positioned to provide, and we are excited to be working alongside SonicWall as we empower businesses to thrive in this new era."
With hybrid and remote employees working from their homes, virtual offices, and coffee shops, while accessing critical business applications across increasingly complex networks, a new set of challenges has emerged. To secure this ever-growing and interconnected access surface, organizations have been driven to adopt zero trust models to modernize security, often as a replacement for legacy architectures.
The announcement comes on the heels of SonicWall's acquisition of Solutions Granted, Inc. (SGI), which helped arm the channel with the latest managed detection and response services tailor-made for Managed Service Providers and Managed Security Service Providers.
SonicWall is a cybersecurity forerunner with more than 30 years of expertise and is recognized as a leading partner-first company. With the ability to build, scale and manage security across the cloud, hybrid and traditional environments in real-time, SonicWall provides seamless protection against the most evasive cyberattacks across endless exposure points for increasingly remote, mobile and cloud-enabled users. With its own threat research center, SonicWall can quickly and economically provide purpose-built security solutions to enable any organization—enterprise, government agencies and SMBs—around the world.
About Banyan Security
Banyan Security provides secure, zero trust "work from anywhere" access to infrastructure and applications for employees, developers and third parties without relying on network-centric solutions like VPNs. Deep visibility provides actionable insight, while continuous authorization with device trust scoring and least privilege access, deliver the highest level of protection without sacrificing end-user productivity. Banyan Security protects tens of thousands of employees across multiple industries, including finance, healthcare, manufacturing and technology.
Cloud App Management
ScaleOps | December 20, 2023
ScaleOps, a startup specializing in cloud resource management, announced today $21.5M in funding for the first fully-automated cloud-native resource orchestration platform. The Seed and Series A funding rounds announced today were led by Lightspeed Venture Partners, NFX, and Glilot Capital Partners. ScaleOps has attracted a large and dedicated customer base of companies that use the platform to fully automate their production environments, achieving up to 80% cloud cost savings and delivering better-running applications.
As cloud-native and Kubernetes environments become increasingly dynamic and interconnected, managing them has become highly complex and tedious. Kubernetes' native container sizing, scaling thresholds, and node type selection use static configurations, but consumption and demand are dynamic. Engineers spend precious time manually adjusting cloud resources to meet fluctuating demand — trying to avoid under or overprovisioning — resulting in millions of dollars wasted on idle resources or poor application performance issues during peak demand.
"In production environments, each container requires a different scaling strategy," said Yodar Shafrir, ScaleOps' co-founder and CEO. "Experienced engineers spend hours trying to predict demand, running load tests, and tweaking configuration files for every single container. It's impossible to manage this at scale. We realized there's a huge need for a context-aware platform that can optimize these constantly-changing environments automatically, adapting to changes in demand in real-time."
ScaleOps is the first fully-automated platform that continuously optimizes and manages cloud-native resources during runtime. The platform is installed in just two minutes on any cloud provider, on-premises and in air-gapped environments.
ScaleOps ensures application scaling matches real-time demand. Instead of static allocations, it allocates resources dynamically, automatically rightsizing containers based on application needs. The platform also ensures every container runs in the most suitable node type, significantly cutting cloud costs.
"The only way to free engineers from ongoing, repetitive configurations and allow them to focus on what truly matters is by completely automating resource management down to the smallest building block: the single container," added Shafrir. "By employing AI, the ScaleOps platform is context-aware and autonomously handles resource management for engineers, lowering infrastructure costs and delivering better performance."
ScaleOps was co-founded by Yodar Shafrir (CEO), and Guy Baron (CTO). Since its founding in 2022, ScaleOps has experienced rapid growth worldwide, and today it automatically manages the production environments of industry leaders like Wiz, PayU, Orca Security, At-Bay, RTL, OutBrain, Salt Security, Noname Security, and dozens more. The company will use the funding to fund its global expansion to the US and Europe.
"ScaleOps automatically optimizes Wiz's workloads in production according to our real-time needs, improving performance even during demand spikes," said Ron Tzrouya, Lead Cloud FinOps at Wiz. "While dramatically reducing our Kubernetes cloud costs, the hands-free automation freed our teams from dealing with ongoing configurations, which is critical in our rapidly ever-growing environment."
ScaleOps, a Tel Aviv based startup, is on a mission to automate the management of cloud environments, enabling organizations to focus on their core business objectives and dramatically reduce cloud costs. ScaleOps is backed by Lightspeed Venture Partners, NFX, Glilot Capital Partners, and other leading investors.
PR Newswire | January 12, 2024
Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced significant enhancements to the Observer Platform allowing IT teams to further maximize network availability, productivity and compliance. The enhancements include critical new capabilities in End-User Experience (EUE) scoring, digital certificate analysis, application identification, Unified Communications (UC) support, and Azure traffic visibility through NSG flow log analysis.
The VIAVI State of the Network study revealed enterprises' top challenges in managing their networks. With a majority of enterprise applications hosted in the cloud, fewer than 1% of organizations say they are satisfied with network visibility. Problem domain isolation – pinpointing issues across network, server, application, or client domains – remains one of the biggest challenges for NetOps teams. End-user experience is the highest ranking KPI. And nearly half of teams spend between 10 and 20 hours per week troubleshooting UC platforms.
The latest Observer release, v18.17, addresses these challenges to improve reliability of networks in meeting organizational objectives. Major new enhancements include:
EUE Scoring Updates. Observer's patented EUE analysis now provides deeper insight into each problem domain – network, server, application or client – clearly showing individual scores and associated deductions, making it easy to understand what is contributing the most to performance degradations.
Traffic Visibility for Azure and AWS. With the introduction of NSG flow log support, Observer adds insight and visibility for Azure environments equivalent to the existing capabilities for AWS using VPC Flow Logs. As Microsoft does not natively support packet extraction, flow visibility is essential for troubleshooting issues within complex Azure environments.
Enhanced Application Recognition. Through added Deep Packet Inspection (DPI) and Application Identification (AppID) capabilities, the Observer Platform now recognizes thousands of specific business and non-business applications natively without having them embedded or hidden within HTTP or HTTPS.
UC Call Visualization. Observer is now the only platform in the industry to transform both packet and flow data into intuitive, actionable visualizations that follow the journey of calls through the network infrastructure and identify the location and root cause(s) of poor UC performance.
Digital Certificate Analysis. Running servers with non-compliant or expired certificates is a risk, especially if affected hosts and services are public facing. Certificate analysis enables a proactive approach to take timely action, prevent negative outcomes, and safeguard networks and reputation.
"Applications are now distributed across private data centers, multiple public clouds, and edge locations, yet many companies fail to upgrade their network monitoring and management solutions to keep pace with these highly complex environments," said Bob Laliberte, Principal Analyst, Enterprise Strategy Group. "VIAVI has recognized this shift and responded by providing comprehensive visibility across these distributed, heterogenous environments. The Observer platform has evolved to support these new environments and its emphasis on end-user experience should appeal to enterprise customers looking to accelerate their transformation, enabling greater operational efficiency and ensuring positive end-user experiences."
"In partnership with our customers, we have leveled up performance and threat visibility and developed a powerful set of capabilities that provide insights where they are needed most," said Chris Labac, Vice President and General Manager, Network Performance and Threat Solutions, VIAVI. "Our patented End-User Experience Scoring can now be used by virtually the entire IT team to effectively identify, prioritize, and remediate business-impacting issues. Our UC visualizations are now the best in the industry. New DPI and Azure capabilities round out a release that we're thrilled to deliver. Our focus continues to be not on delivering more KPIs, but delivering more clarity, actionable information, and business value."
VIAVI (NASDAQ: VIAV) is a global provider of network test, monitoring and assurance solutions for telecommunications, cloud, enterprises, first responders, military, aerospace and railway. VIAVI is also a leader in light management technologies for 3D sensing, anti-counterfeiting, consumer electronics, industrial, automotive, government and aerospace applications.
PR Newswire: | January 25, 2024
TRG Screen, the leading provider of enterprise subscription spend and usage management software, today announced it has acquired Xpansion, the leading provider of cloud-based solutions for reference data usage monitoring in the financial services industry. The acquisition of Xpansion will further solidify TRG Screen's position as a global market leader in market data management solutions.
Xpansion – established in 2013 – is focused on empowering data operations teams to proactively manage their usage, control costs and optimize data workflows. Xpansion's offerings include Xmon, Xprocess and Xplore, and provide real-time analytics, giving clients unprecedented transparency, visibility and control into their reference data usage.
This deal consolidates TRG Screen's unique position as the only provider of enterprise subscription management capabilities spanning the whole spectrum of market data optimization, from spend and inventory tracking, through to usage and enquiry management, exchange reporting and compliance.
"Xpansion and TRG Screen have been partners for many years. Bringing Xpansion into the TRG Screen family is a very logical next step for both companies, given our strong relationship and shared view that the industry demand for integrated usage management solutions is going to continue to grow," said TRG Screen CEO Leigh Walters. "Xpansion is an established firm with excellent customer satisfaction and retention, and highly experienced and industry respected leadership. We are very excited at the opportunities this acquisition brings."
"We are thrilled to be joining TRG Screen," said Xpansion co-founder and CEO Amjad Zoghbi. "Reference data usage is one of the most complex aspects of market data management, and managing it correctly is essential to maintaining contractual compliance and ensuring clients are right-sizing their usage based on actual consumption and business need. I'm very pleased that Xpansion's customers, and team, will now be part of the best-of-breed solution with the industry's leading provider of market data management solutions."
The acquisition demonstrates TRG Screen's ongoing commitment to servicing the needs of market data consumers, vendors and exchanges. Financial terms of the transaction were not disclosed.
About TRG Screen
TRG Screen is the leading provider of enterprise subscription management solutions. Founded in 1998, TRG Screen is uniquely differentiated by its ability to monitor both spend and usage of data and information services including market data, research, software licenses, consulting and other corporate expenses. TRG Screen's solutions provide its customers with full transparency into their vendor relationships and their subscription spend and usage, enabling them to optimize their enterprise subscriptions. TRG acquired Priory Solutions in 2016, Screen Group in 2018, Axon Financial Systems in 2019, Market Data Insights in 2020, and Jordan & Jordan's Market Data Reporting (MDR) business in 2021 and with these acquisitions is now positioned as the global market leader in the financial, legal, and professional services markets. TRG Screen's product portfolio includes subscription spend, usage, enquiry and compliance solutions. For more information visit trgscreen.com. Follow TRG Screen on LinkedIn, @TRG Screen, and on Twitter, @trgscreen.
Xpansion delivers next-generation reference data solutions that empower financial institutions to streamline their reference data operations, reduce costs, enhance data quality, and improve data discovery. With a focus on customer satisfaction, continuous innovation and quick time to value, Xpansion is a trusted partner for financial institutions in the buy- and sell-side as well as solution providers in the industry.