INSUBCONTINENT EXCLUSIVE:
Sumo Logic, a mature security event management startup with a valuation over $1 billion, announced today that it has acquired JASK, a
security operations startup that raised almost $40 million
Both are focused on securing workloads in a cloud native environment and can work in tandem.Sayar says that as companies shift workloads to
the cloud they need to reevaluate their security tools
as they start to plan for new workloads in the cloud, let alone workloads that they are migrating
automation really complements and supplements the gap that we have in the workforce, particularly in terms of security folks
various algorithms and machine learning techniques to suppress a lot of false alerts, triage the process and help drive efficiency and more
space that have driven this growing need for security automation
Echoing Sayar, he says that requires a much higher level of automation.JASK was founded in 2015, raising $39 million, according to
Investors included Battery Ventures, Dell Technologies Capital, TenEleven Ventures and Kleiner Perkins
Its last round was a $25 million Series B led by Kleiner in June 2018.Deepak Jeevankumar, managing director at Dell Technologies Capital,
tools, siloed teams and alert fatigue
Both companies are pioneers in cloud-native security and share the same maniacal customer focus
million, according to the company
It was valued at over $1 billion in its most recent funding round last May, when it raised $110 million.CRN first reported this deal was in
the works in an article on October 22.
