Gigamon moved further into the security space today acquiring Seattle-based security startup Icebrg for an undisclosed amount. The deal also marks the first acquisition for Gigamon, which got its start as a network visibility company in 2004, and launched its security product in 2015.
“In the last three years, we’ve built out more capabilities specific to cybersecurity operations, and this is the first acquisition that Gigamon is doing — it definitely puts us in the cybersecurity space,” said Ananda Rajagopal, vice president of products at Gigamon. “Rather than just enabling [security], we’re adding capabilities where native intrinsic values can be obtained by security teams.”
Gigamon will combine its network traffic visibility capabilities with Icebrg’s security platform. The latter uses sensors deployed at customer locations to stream network traffic metadata into a cloud-based platform. Security operations center (SOC) teams can use Icebrg’s APIs, advanced query language, and automated detections to identify and respond to threats. The software-as-a-service (SaaS) product also allows SOC teams to deploy new security technologies as “security applications,” Rajagopal said.
The goal is to make security easier, he explained: “A common challenge we see and hear from security leaders is that there’s too much complexity in the security stack. What we are bringing to the market is a way for organizations to rethink how security gets deployed — a common platform on which multiple security applications could connect to and access the data from the common platform.”
Founded in 2014, Icebrg has raised $12.5 million to date. The startup shares customers with Gigamon, including a couple of Fortune 100 companies that have deployed Icebrg’s security platform, Rajagopal said.
“The most common happens to be where the Icebrg sensors connect to the Gigamon appliance,” he said. “In the coming months we’ll look at more native integrations between our two product offerings.”
Gigamon used to be traded publicly. It’s now owned by Elliot Management, which acquired Gigamon for $1.6 billion in October. It has about 3,000 customers including 83 percent of Fortune 100 companies and 43 percent of the Fortune 1,000, Rajagopal said.
Gigamon’s acquisition follows other security deals this month. Cloud security company Netskope purchased cloud infrastructure security startup Sift Security. And AT&T boosted its enterprise security arsenal with the acquisition AlienVault.