Microsoft Confirms Acquisition of RiskIQ

RiskIQs technology helps businesses assess their security across the Microsoft cloud, Amazon Web Services, other clouds, and on-premises.

Microsoft has confirmed it will acquire RiskIQ, a security startup providing threat intelligence and management across the Microsoft cloud, Amazon Web Services, other clouds, on-premises, and the supply chain.
San Francisco-based RiskIQ was founded in 2009 and has so far raised $83 million in funding, its latest a $15 million Series D in June 2020,
according to
Crunchbase. The companys platform is built to collect Internet telemetry and data that can help businesses find and investigate threats with information about the source of attacks, tools, systems, and indicators of compromise.
News of the acquisition arrives as more businesses are running applications and infrastructure across multiple clouds and hybrid cloud environments, driving the need for tools to identify security threats across assets.
Effectively the internet is becoming their new network, and its increasingly critical to understand the full scope of their assets to reduce their attack surface, wrote Eric Doerr, Microsofts vice president of cloud security, in a blog post on the acquisition. Microsoft did not specify where it will use RiskIQs technology; however, a statement from RiskIQ co-founder and CEO Elias Manousos indicates it will be integrated into Microsofts lineup of security tools.
Were thrilled to add RiskIQs Attack Surface and Threat Intelligence solutions to the Microsoft Security portfolio, extending and accelerating our impact, he wrote, adding that our combined capabilities will enable strong detection, investigation, and response against threats.
Terms of the deal were not disclosed; however, Bloomberg
previously reported
that Microsoft would pay more than $500 million for RiskIQ.
Read Microsofts
full blog post
for more details.

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Microsoft Confirms Acquisition of RiskIQ