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Monad Emerges from Stealth with $17M to Develop Security Data Platform in the Cloud

Monad, Inc., a security data cloud developer, has raised $17 million in a Series A round of funding. Index Ventures led the investment, which also included Sequoia Capital and was helmed by security veterans Christian Almenar and Jacolon Walker. The Monad platform makes it easy to construct security apps and compliance procedures by allowing clients to connect data from numerous security technologies into any data warehouse.

The latest capital, which makes the total financing $19 million, comes 12 months after the Sequoia-led seed round and allows the firm to extend its security data cloud platform development initiatives. Shaun Maguire, a partner at Sequoia Capital, and Carlos Gonzalez-Cadenas, a partner at Index Ventures, will join the Monad board of directors as board observers.

“Security is fundamentally a big data problem,” said Christian Almenar, CEO and co-founder of Monad. “Customers are often unable to access their security data in the streamlined manner that DevOps and cloud engineering teams need to build their apps quickly while also addressing their most pressing security and compliance challenges. We founded Monad to solve this security data challenge at scale and liberate customers’ security data from siloed tools to make it accessible via any data warehouse of choice. We’re excited to partner with such an experienced team of investors as we look to accelerate the use of our data security cloud platform and deliver it to companies of all sizes.”

The Monad platform allows teams to collect and connect data from critical security technologies, centralize that data in a data warehouse of choice, and standardize and improve data so that security teams have the detailed insights they need to properly secure their systems and data. Monad makes these security insights accessible, accurate, thorough, and repeatable. Monad also enables security operations teams to make better use of their security tool sets’ full capabilities based on the current state of their environment.

“There are more security tools than ever, but because of the complexity of the environments and the siloed nature of the different security tools, breaches continue to happen. Cybersecurity is fundamentally a data management challenge that Monad is poised to solve. Their cloud-native security data platform makes it easy to extract the data from the different security tools already adopted by organizations, integrate it into a clean, connected model and unlock its hidden value. We believe that the Monad team is ready to lead this journey, and we’re pleased to announce that we’re leading their A-round investment and the launch of their platform,” said Carlos Gonzalez-Cadenas, partner at Index Ventures.

“Most Fortune 500 companies have hundreds of security vendors, which makes centralizing and operationalizing data from these applications a daunting challenge. Monad solves this problem at scale by connecting data from various security tools and providing precise insights to security teams. Christian and Jacolon have made significant traction since the seed and we’re thrilled to double down as they take on a massive market opportunity,” said Shaun Maguire, partner at Sequoia.

“Innovations in data analytics are transforming departments across the enterprise but cybersecurity has been largely left behind. I regularly speak with security teams that rely on log management tools for threat detection, incident response, compliance automation and security metrics but remain held back by visibility challenges and lack of automation. It’s exciting to see how easy Monad makes it for security analysts to join the rest of the company on Snowflake. Now, InfoSec and DevOps teams can build data-driven security and compliance applications limited only by their imagination,” said Omer Singer, Head of Cybersecurity Strategy at Snowflake.

Hunters Raises $30 Million in Funding Round to Lead the Open Extended Detection and Response (XDR) Market

Hunters has raised $30 million in a Series B round led by Bessemer Venture Partners, with current investors YL Ventures, Blumberg Capital, Microsoft’s Venture Fund M12, and US Venture Partners also participating (USVP). The entire investment now stands at $50.4 million. Okta Ventures and Snowflake were strategic investors in the prior round of funding.

“Hunters’ customer engagements are accelerating with Fortune 1000 Companies adopting XDR to be at the heart of their security operations. Traditional security tools like SIEM have not fulfilled the need to clearly and rapidly identify and investigate threats at the scale of cloud data, leaving a crucial gap in supporting security analysts. Open XDR offers a new technology approach with a turn-key solution that stitches security events from across the entire security stack into contextualized and prioritized incidents. This maximizes the value security teams are getting from their current stack and enables them to see real incidents and rapidly respond,” said Uri May, CEO and co-founder of Hunters.

Hunters XDR is chosen by companies facing complex security threats because of its proven ability to speed up threat detection, investigation, and incident response. Known brands from the financial services, technology, retail, manufacturing, and media industries are among them.

“At NETGEAR, we support a complex IT environment. To keep pace with our rapidly growing business and the evolving threat landscape, we switched from a SIEM to Hunters XDR. Hunters now serves as our core SOC (Security Operations Center) platform. It enabled us to shift from manual to automated incident investigation and focus on incident resolution instead of tool management and IT complexity,” said Mihir Shah, Vice President of Information Technology at NETGEAR, one of the world’s leading network solution manufacturers, with offices in 25 countries.

”Hunters represents the future of security architectures, leveraging the performance and cost advantages of cloud data warehouses and Open XDR technology to deliver detection and response capabilities that were not historically possible on-premise. Hunters’ unique ability to identify low-fidelity signals of an attack that are traditionally missed and automatically stitch them together into a contextual attack story is a game-changer that helps organizations better address their cybersecurity risk, specifically for companies undergoing rapid cloud expansion and business growth,” said Alex Ferrara, Partner at Bessemer Venture Partners.

Ofer Schreiber, Partner at YL Ventures, that co-led Hunters’ seed round alongside Blumberg Capital said, “Today’s security operations have to support mixed multi-cloud and on-prem environments, as well as handle security data at cloud-scale. Its breakthrough technology and recent growth positions Hunters to disrupt the $4.3 billion SIEM market that’s predominantly built on pre-cloud technologies.”  

“Hunters’ innovation stems from its focus on SOC analysts which is especially critical in light of the shortage in security talent. Unlike other tools, the platform was purpose-built to offload non-mission-critical tasks, automate detection and investigation, and provide SOC analysts with a clear understanding of every detected security incident, helping achieve faster resolution,” said Yodfat Harel Buchris, Managing Director at Blumberg Capital, who co-led Hunters’ Seed round.

“This investment takes us one step closer to building a pillar security company, becoming the centerpiece of the future SOC of the world’s leading organizations. The investment will be used to further drive innovation, enhance our customer satisfaction, increase our market reach, support partner expansion and hire exceptional talent,” said May.

Upstream Security Raised $62m In Series C Funding Round

Upstream Security, the specialist in automotive cybersecurity and data analytics for connected vehicles, announced that it has closed a $62 million round C investment, bringing its total funding to $105 million since its inception. Mitsui Sumitomo Insurance (MSI), a subsidiary of MS&AD Insurance Group Holdings, Inc., led the latest investment, which was joined by new investors I.D.I. Insurance, 57 Stars’ NextGen Mobility Fund, and La Maison Partners. Glilot Capital, Salesforce Ventures, Volvo Group Venture Capital, Nationwide, Delek US, and others are among Upstream’s existing investors.

Upstream is a cloud-based cybersecurity and data analytics platform that taps into the massive amounts of data stored in connected vehicles and incorporates it with purpose-built artificial intelligence and machine learning technologies to empower its clients to improve business results by providing advanced security capabilities and data analytics actionable insights.

Some of the world’s largest automotive OEMs, as well as tier 1 and tier 2 suppliers, mobility service providers, and others, use Upstream’s solutions to secure millions of vehicles on the road today from cyber attacks.

 The new investment will help Upstream expand its services to current and future customers in the areas of data analytics, insurance telematics, predictive analytics, and business intelligence, while also strengthening its position in the connected car cybersecurity sector. Furthermore, the organization will continue to put resources into finding, attracting, acquiring, and retaining elite people.

 Yoav Levy, CEO and Co-founder of Upstream Security said, “We are excited to reach this important milestone and welcome new investors, who believe in our mission to unlock the value of mobility data. With today’s revolution in automotive connectivity and exponential growth in the number of connected vehicles on the road, the demand for automotive cybersecurity and data analytics solutions has increased significantly, and Upstream is well poised to tap this growth and capitalize on the business opportunities shared by our customers and partners.”  

Nozomi Networks Raises $100 Million From Its Global Ecosystem Of Customers And Technology Partners

Nozomi Networks Inc., the global leader in OT and IoT security, announced today a $100 million pre-IPO funding round to help the company accelerate its expansion and extend its market leadership. The Series-D round, led by Triangle Peak Partners, also includes investments from a large stable of equipment, security, service provider and go-to-market companies including: Forward Investments, Honeywell Ventures, In-Q-Tel, Keysight Technologies, Porsche Ventures and Telefónica Ventures. 

“As we began the fund-raising process, many of the largest ecosystem partners in the world along with our customers recognized Nozomi Networks as the industry leader and requested the opportunity to invest in the company. It’s the ultimate endorsement when not only a prestigious firm such as Triangle Peak Partners leads the investment, but customers and partners embrace Nozomi Networks and further validate our market leadership,” said Edgard Capdevielle, President and CEO of Nozomi Networks.

This latest investment will be used to help the company scale its product development activities as well as its global go-to-market strategy. Nozomi Networks will increase its sales, marketing, partner enablement activities and improve its solutions to solve emerging issues in the visibility and security markets for both operational technology (OT) and the internet of things (IoT). The demand for Nozomi Networks solutions is great with ransomware and malware attacks on enterprises and key infrastructure at an all-time high.

“With the OT and IoT security market on the verge of explosive growth, Nozomi Networks has not only risen to the top but is strongly positioned to continue to outpace the market. The company’s consistently strong performance in combination with an impressive R&D model and its ability to scale quickly set itself apart. We’re excited to be a part of Nozomi Networks’ future,” said Dain F. DeGroff, Co-founding Partner and President, Triangle Peak Partners.

Supporting Investor Quotes

“With the constant rise of cyber threats facing asset owners around the world, including critical infrastructure, customers are looking for better and more efficient ways to protect operating environments and reduce cybersecurity risk. As a partner of Nozomi Networks, we have seen first-hand the momentum it has, the value it delivers to customers and the opportunity we have for continued growth. Our investment reinforces the importance of our relationship with Nozomi Networks, and it will strengthen our ability to deliver a robust OT cybersecurity portfolio, supported by Honeywell’s global professional and managed security services,” said Que Dallara, President and CEO, Honeywell Connected Enterprise.

“Digitalization is changing and disrupting entire industries, including the automotive sector. Cybersecurity is playing a crucial and growing role for all companies and their internal processes and production facilities as cyber-attacks have become a serious threat. This investment fuels advancements in precision OT and IoT Security as Nozomi Networks’ technology ensures optimal data security and network monitoring. We are excited to strengthen our partnership with Nozomi Networks to improve the security within the supply chain of important industries,” said Stephan Baral, Head of Porsche Ventures Region US.

“We are very happy to be an investor in Nozomi. They have been a fantastic partner to work with through the course of our strategic engagement. Nozomi Networks’ use of machine learning enables them to provide advanced device identification, behavioral analysis, and anomaly detection capabilities through passive monitoring of IoT and OT networks. This level of visibility is essential for protecting critical infrastructure devices and networks. Their solution is designed to support distributed network architectures and integration with a broad range of security products, making it well suited for deployment into the challenging and diverse operating environments of the U.S. intelligence and defense communities,” said Brinda Jadeja, Senior Partner, Investments, In-Q-Tel.

“Over the course of our long-term partnership with Nozomi Networks we’ve continued to be impressed by their expertise in OT and IoT security. The joint network visibility and security solutions we have built together over the past several years are more of an operational imperative than ever, and this investment exemplifies our commitment to the industrial security market,” said Scott Westlake, Vice President Business Development, Keysight Technologies.

“Our investment in Nozomi Networks is arguably one of the most critical investments in Telefónica’s commitment to cybersecurity for the industrial environments that are facing a barrage of constantly evolving threats. Monitoring and threat detection systems are critically important in helping minimize risks and maintain operational resilience. The high-quality and highly scalable AI-based technology developed by Nozomi Networks is essential for our industrial customers. For us, Nozomi Networks is a trusted ally in this important fight,” said Guenia Gawendo, Managing Director of Telefónica Ventures.

“In line with Dubai’s visionary leadership’s drive towards building the smartest city in the world and a global leader in innovation, safety and security, our investment in Nozomi Networks showcases our commitment to a global OT security firm that targets utilities. Nozomi Networks helps clients fulfill their vision to deliver digital utilities using autonomous systems for renewable energy, storage, and expansion in artificial intelligence (AI) adoption by providing digital services. Given escalating cyber risks to ICS and control networks, advanced monitoring and threat detection systems play an increasingly critical role. It seems fitting that the ground-breaking investment for Forward Investments is with Nozomi Networks the company that pioneered and continues to innovate the way we secure the modernization of critical industrial infrastructure in the region and around the globe,” said H.E. Saeed Al Tayer, Chairman of Forward Investments.

BlackCloak raised $11 Million Series A Funding to Expand Digital Executive Protection Platform

BlackCloak, the first Digital Executive Protection platform for professionals and high-profile people in the cybersecurity business, announced that it has raised $11 million in Series A funding from TDF Ventures, with participation from TechOperators and DataTribe.

“This investment in BlackCloak highlights where the cybersecurity market is heading. Attackers are keenly focused on Board members, senior executives, and other key personnel in companies across every industry. They realize that if they can penetrate this inner circle through their personal accounts and devices, they can hit the jackpot in terms of a corporate breach, intellectual property, or other sensitive data,” said Jim Pastoriza, Managing Partner, TDF Ventures.

“It is a known issue that our online activities and devices have been at risk for some time, but what is new is the idea that personal digital lives can have a direct impact on the company. From unemployment fraud impacting entire executive teams to the exposure of corporate information through personal email, the risks and consequences are very real. BlackCloak is exclusively solving this issue,” said Dr. Chris Pierson, CEO & Founder, BlackCloak.

“High-profile individuals often find themselves outside the umbrella of protection provided by their companies and are forced to rely on weak, consumer grade-products. BlackCloak gives security teams, and the executives they support, security and peace of mind,” said Tom Noonan, General Partner, TechOperators.

BlackCloak is increasing its patented technology offering in both the cybersecurity and privacy space, improving its interaction with members, and growing its team and sales operations with this Series A round.

Cyolo Raises $21 Million in Series A funding to Grow Zero-Effort Zero-Trust Solutions

Cyolo, a developer of a Zero Trust Network Access (ZTNA) 2.0 solution for businesses, announced that it has raised $21 million in a Series A funding round led by Glilot Capital Partners, with investments from National Grid Partners and Merlin Ventures, as well as current investors Flint Capital, Global Founders Capital, and Differential Ventures.

Organizations are more vulnerable than ever before to breaches and vulnerabilities, which can result in long-term financial and reputational loss. Many governments around the world are now acting quickly to improve cybersecurity by hastening the adoption of new security best practices based on Zero Trust connectivity. Cyolo’s solution offers a new and innovative method to link users to their workplace environment by eliminating transitive trust and continuously verifying and authorising every endpoint, user and identity before and after granting them access to any organizational resource or app.

Cyolo is the first Zero Trust solution that spans both IT and Operational Technology (OT). It has zero access or insight into client data, leaving no vulnerability and assuring that enterprises do not compromise on data or company secrets. The company’s ZTNA 2.0 enables IT and security teams, SASE providers, and MSSPs to quickly deploy the most secure Zero Trust connection solution into any existing environment without requiring any infrastructure changes, lowering the risk to an organization’s digital assets and data.

“Cyolo is solving a critical problem by giving organizations an agile and easy-to-integrate solution that allows them to have full visibility and control. The timing is right to expand into new markets, and this investment enables us to further execute our vision of transforming secure connectivity from network-based to identity-based, in order to provide organizations with a solution for their current and future needs. This round will allow us to accelerate growth and R&D efforts, and help new customers easily navigate the transition to Zero Trust,” said Almog Apirion, CEO and co-founder of Cyolo.

Glilot Capital is one of Israel’s top performing VC funds with a focus on cybersecurity and enterprise software, and the investment in Cyolo was made by Glilot+, Glilot Capital’s recently raised $180M early-growth fund. “We are very excited to join the journey of Cyolo. We have been tracking Cyolo and other Zero Trust technologies for quite some time and Cyolo’s product execution is the best we’ve seen. Cyolo has grown exponentially and its roadmap and vision for the future of secure connectivity aligns with market needs. We are excited to support the company as it enters its next phase of growth,” said Kobi Samboursky, Glilot Capital Partners Co-founder and Managing Partner.

“By simplifying complex environments and enabling organizations to secure their digital assets in a distributed and multi-cloud environment, Cyolo’s flexible model integrates with existing technologies to ensure the safety of sensitive data and digital processes. This cutting-edge solution enables organizations to create their own distributed cloud based on identities,” said Sergey Gribov, Flint Capital Partner.

Over the past year, Cyolo has doubled its value quarter-by-quarter and has been rapidly Cyolo has been aggressively establishing collaborations with worldwide clients and service providers over the last year, doubling its value quarter after quarter.

Noetic Cyber raises $20M Funding

Noetic Cyber, a cloud-based consistent cyber asset management and controls platform, announced that it has raised a total of $20 million in funding, including a new Series A round led by Energy Impact Partners, with current seed investors TenEleven Ventures and Glasswing Ventures participating. Given the current wave of high-profile breaches exploiting known vulnerabilities, Noetic Cyber’s solution provides security leaders with speedy time to value by leveraging automation to not only detect and highlight issues but also to fix them.

“Good cyber asset management is foundational to addressing the inherent friction between the IT and security teams, as it provides both parties with an accurate view of assets to defend, potential security gaps and priorities to address. Noetic is able to help to bridge the gap between the CISO and the IT organization, with an innovative approach to cyber asset management that provides immediate value,” said Chris Steffen, research director, information security, Enterprise Management Associates.

Noetic is not an agent-based solution; it doesn’t use API aggregation and correlation to derive insights from a variety of security and IT management solutions. Graph database technology is used by the firm to find and inventory the important entities existing in an organization’s environment, including cloud and on-premises systems, which sets it apart from others in the industry. Noetic creates a live map of those entities’ cyber links, showing cyber risk and non-compliant systems. Consistent enrichment and remediation are driven by built-in orchestration and automation, ensuring that systems are restored to their optimal state.

Niloofar Razi Howe, Senior Operating Partner, Energy Impact Partners said, “Noetic is a true market disruptor, offering an innovative way to fix the cyber asset visibility problem – a growing and persistent challenge in today’s threat landscape.”

The Noetic founders were important in the development of the security orchestration, automation, and response (SOAR) market, and they’ve applied what they’ve learned to cyber asset management to address one of the industry’s most pressing issues. The platform includes a powerful automation workflow engine that allows security teams to anticipate and respond to evolving IT and security requirements.

“Through my discussions with CISOs and security leaders, I’ve repeatedly heard that they need better visibility into their constantly changing digital infrastructure, but equally they don’t want just another dashboard of issues to address. Security needs certainty in order to automate processes, and with Noetic, we’re providing the high-fidelity source of truth that allows security teams to use automation to identify, prioritize and fix problems,” said Paul Ayers, CEO and co-founder, Noetic Cyber.

Infinipoint Launches First Device Identity as a Service (DIaaS) Solution

Infinipoint has released the first Device-Identification-as-a-Service (DIaaS), a comprehensive device identity and security posture solution that is an important component of a Zero Trust strategy to secure device access.

Infinipoint is the only solution that combines Single Sign-On (SSO) authorization with risk-based policies and one-click remediation for non-compliant and vulnerable devices in the DIaaS security category. This decreases the risk by securing access to a company’s data and services while also converting endpoints to support a world-class security posture. All of this can be accomplished by Infinipoint in a productive manner that ensures business continuity and minimal disturbance to the workforce.

JAL Ventures, Emerge and Hetz Ventures have invested $11 million in Infinipoint. Ron Myers, former Palo Alto Networks SVP of Global Channels; Pradeep Aswani, serial entrepreneur, US distribution and channel veteran, and cybersecurity investor; Issy Ben-Shaul, serial entrepreneur, cloud technologies expert, and Director of Engineering at Google; and Ravi Ithal, founder of Netskope and founding engineer of Palo Alto Networks are among the strategic investors and advisors.

“Today most of the workforce is working from anywhere and accessing remote services, potentially from multiple devices,” said Ran Lampert, co-founder and CEO, Infinipoint. “As a result, the device has become the weakest link in the organization’s IT security. It’s no use authenticating users if they are on a vulnerable device as this can open the door for an attacker to access your sensitive data and services.”

“Our customers understand the importance of Zero Trust and Identity working together. Leveraging device posture to achieve real-time continuous authorization is essential for any modern Zero Trust implementation. By leveraging the device visibility Infinipoint provides, ForgeRock’s Intelligent Access can dynamically adjust a user’s authentication experience and level of access to align with their degree of risk. Infinipoint can remediate issues of device risk before ForgeRock will allow access to a protected resource,” said Ben Goodman, senior vice president, global business and corporate development, ForgeRock.

Dikla Ramot, CISO, Appsflyer, a SaaS mobile marketing analytics and attribution platform leader and Infinipoint customer said, “We’re very impressed by what the Infinipoint team accomplished, the results so far have been far beyond our initial expectations.”

“Infinipoint gives our customers device-based conditional access to any service, enabling us to not only inventory and assess the vulnerabilities of all devices accessing the customers’ services, but also to allow users to remediate issues with one-click and seamlessly continue their workflow. Infinipoint delivers the missing piece of the puzzle, and together we are delivering an innovative solution for a recent and critical problem,” said Kai Mallmann, CEO, DTS Systeme, multinational IT services provider and Infinipoint partner.

Deloitte Acquires Sentek to Expand Systems Engineering and Cyber Offerings

Sentek Consulting, Inc. (Sentek Global), a systems engineering and cybersecurity firm that primarily serves the US Navy, announced that Deloitte has bought essentially all of its assets.

Mike Canning, US Government & Public Services Industry leader and principal, Deloitte Consulting LLP said, “The acquisition of Sentek Global’s business will expand Deloitte’s existing presence in San Diego, while also bolstering our current mission-focused systems engineering capabilities and cyber offerings to other military branches and federal agencies.”

“Deloitte is focused on delivering mission-relevant, complex and technology-enabled engineering, analytics and transformation solutions to our clients in the Department of Defense (DoD). The addition of Sentek Global’s capabilities expands our complement of skilled system engineering and cybersecurity professionals that will enhance DoD’s ability to accelerate its engineering and acquisition processes to ensure effective and reliable systems for our warfighters.  And, it enables us to welcome those Sentek Global professionals who are former members of the Armed Forces into our existing veteran workforce,” said Heather Reilly, Deloitte’s Defense, Security and Justice sector leader and principal, Deloitte Consulting LLP.

“As cyber threats to all organizations — particularly U.S. federal agencies — continue to proliferate and become more complex, we’re investing to help our clients prevent, detect and remediate those emerging threats.  The addition of Sentek Global’s capabilities allows us to do just that,” Mark Nace, Deloitte Risk & Financial Advisory’s Government & Public Services leader for the Cyber & Strategic Risk practice and  principal, Deloitte & Touche LLP.

Sentek Global provides program management and integrated logistics services to the Defense, Security and Justice sectors (USA) in addition to systems engineering and cybersecurity.

“Sentek Global and Deloitte share many common values, not the least of which is providing high quality services and solutions for the agencies that serve our country.  We are joining Deloitte to help our government clients solve complex systems engineering and cybersecurity challenges, while also accelerating the scaling of our services for defense, security and justice sector organizations,” said Eric Basu, CEO and founder, Sentek Global.

Deloitte Acquires Zero Trust Network Access Provider TransientX

Deloitte Risk & Financial Advisory announced that it has acquired all of the assets of TransientX, Inc., a Hoboken, New Jersey-based Zero Trust Network Access (ZTNA) startup. Deloitte’s existing Zero Trust capabilities and solutions will be enhanced by TransientX’s staff and its innovative, dissolvable, cloud-native application networking technology for ZTNA.

“As organizations modernize their enterprise environments to deal with evolving business models and complex, hyper-connected IT ecosystems, they’re typically shifting from a perimeter-centric approach to the risk-based, Zero Trust approach that enforces the concept of least privilege. TransientX’s technology offers the unique capability to embed Zero Trust Network Access into Deloitte’s products and services, differentiating and evolving how we deliver our offerings to our clients — which will lend support to our clients’ Zero Trust adoption efforts as well,” said Andrew Rafla, a Deloitte Risk & Financial Advisory Zero Trust leader and principal, Deloitte & Touche LLP.

“Our cyber practice acquisition strategy — inclusive of the acquisition of TransientX’s business — is squarely focused on hyper-scaling to support our own services and solutions delivery, as well as to transform the way we help our clients build cyber resilience, enable agile operations and promote more resilient security practices. Acquiring TransientX’s business will help Deloitte truly differentiate how it delivers to the market by infusing ZTNA capabilities into a broad portfolio of products and services,” said Deborah Golden, Deloitte Risk & Financial Advisory Cyber and Strategic Risk leader and principal, Deloitte & Touche LLP.

“Zero trust transformation is not easy.  We created TransientX to help organizations adopt Zero Trust Network Access in a flexible, frictionless and expansive manner across a variety of use cases. In joining Deloitte, we’ll be able to offer our novel approach to ZTNA in a way that improves security for remote work and vendor collaboration,” Egemen Tas, CEO and founder of TransientX.

Deloitte’s acquisition of the TransientX business is the firm’s fourth cyber acquisition in 2021.