Attack Surface Management Buy: Red Sift Acquires Hardenize
This is technology M&A deal number 893 that MSSP Alert and sister site ChannelE2E have covered so far in 2022.
Red Sift, founded in 2015, is based in London, England. The company has 101 employees listed on LinkedIn. Red Sift’s areas of expertise include data monitoring and threat detection and remediation.
Hardenize, founded in 2017, is based in London, England. The company has five employees listed on LinkedIn. Hardenize’s areas of expertise include Internet asset discovery and host and network monitoring.
Red Sift Strengthens Digital Resilience Platform
Hardenize enhances Red Sift’s Digital Resilience Platform and its ability to protect an organization’s internet assets and infrastructure against cyberattacks, according to the companies. Hardenize offers ASM capabilities and knowledge of security and network standards, protocols and configurations. As such, it helps Red Sift customers gain complete control over their attack surface.
In addition, Hardenize’s discovery capabilities provide Red Sift with a “magnifying glass” into organizations’ attack surface infrastructure, the companies said. These capabilities allow Red Sift customers to identify new and unknown vulnerable assets across their attack surfaces. They also ensure that Red Sift customers can uncover network vulnerabilities.
Red Sift Adds $54 Million in Series B Funding
The Hardenize acquisition comes after Red Sift in February 2022 secured $54 million in a Series B funding round and increased its total financing to $69.8 million. Red Sift is using the Series B funding to expand globally and establish a new headquarters in Austin, Texas, the company indicated.
Red Sift offers a Digital Resilience Platform that offers brand, domain, email and network protection. MSPs and MSSPs can join Red Sift’s partner program to integrate its Digital Resilience Platform capabilities into their offerings.