Sophos Acquires Avid Secure to Expand Protection for Public Cloud Environments

Sophos Press Release

OXFORD, U.K. – January 8, 2019Sophos (LSE: SOPH), a global leader in network and endpoint security, today announced that it has acquired next-generation cloud infrastructure security company, Avid Secure. Avid Secure offers an artificial intelligence-based cloud security analytics, compliance, and DevSecOps platform to provide effective end-to-end protection in public cloud services such as AWS, Azure, and Google.

Founded in 2017 by a team of highly distinguished leaders in IT security, Avid Secure uses artificial intelligence and automation to address the real-world challenges of effective cloud security including lack of workload visibility, and the constant monitoring required to stay ahead of today’s sophisticated attacks. Avid Secure is a small, privately owned company with headquarters in San Francisco, Calif. and engineering operations in Gurgaon, India.

“The accelerated adoption of public cloud environments is presenting new data security challenges to organizations. With the cloud workload protection and the cloud security posture management software from Avid Secure, Sophos will expand its current capabilities in cloud security and drive leadership in this growing space,” commented Dan Schiappa, senior vice president and general manager of Products at Sophos. “We welcome the Avid Secure team to Sophos and are excited to bring their transformational technology into our portfolio, strengthening our ability to offer the best protection for our customers’ data on endpoints and networks, wherever their services are hosted.”

“We built the Avid Secure platform to revolutionize the security of public cloud environments in a process efficient way,” said Nikhil Gupta, CEO and co-founder at Avid Secure. “We are proud of our innovative AI powered technology that provides enterprises with end-to-end continuous security analytics, visibility, and compliance to protect their data and maximize their investments in public cloud services. The opportunity to join Sophos in their mission to evolve cybersecurity into an intelligent, integrated system presented a perfect fit for our engineering vision. I, and the whole team at Avid Secure look forward to what we can achieve together.”

Sophos is not releasing further details at this time.

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About Avid Secure

Avid Secure Platform is a next-generation cloud infrastructure security platform that combines deep security expertise with the power of AI to deliver intelligent security analytics, compliance automation, and rugged DevSecOps with a simple to use interface. It is the only agentless platform that secures cloud infrastructure end-to-end - From development to production. Avid Secure helps businesses reduce the time and cost to secure their infrastructure, saves up to 30% on compliance cost, and streamlines collaboration between security and DevOps teams, simplifying cloud security operations. The platform processes millions of metrics in real-time, applying AI models to detect unauthorized and malicious behavior.

About Sophos

As a worldwide leader in next-generation cybersecurity, Sophos protects more than 400,000 organizations of all sizes in more than 150 countries from today’s most advanced cyber threats. Powered by SophosLabs – a global threat intelligence and data science team – Sophos’ cloud-native and AI-powered solutions secure endpoints (laptops, servers and mobile devices) and networks against evolving cyberattack techniques, including ransomware, malware, exploits, data exfiltration, active-adversary breaches, phishing, and more. Sophos Central, a cloud-native management platform, integrates Sophos’ entire portfolio of next-generation products, including the Intercept X endpoint solution and the XG next-generation firewall, into a single “synchronized security” system accessible through a set of APIs. Sophos has been driving a transition to next-generation cybersecurity, leveraging advanced capabilities in cloud, machine learning, APIs, automation, managed threat response, and more, to deliver enterprise-grade protection to any size organization. Sophos sells its products and services exclusively through a global channel of more than 53,000 partners and managed service providers (MSPs). Sophos also makes its innovative commercial technologies available to consumers via Sophos Home. The company is headquartered in Oxford, U.K., and is publicly traded on the London Stock Exchange under the symbol “SOPH”. More information is available at www.sophos.com.