Managed Security Services Provider (MSSP): 19 October 2021 -

Each business day, MSSP Alert broadcasts a quick lineup of news, analysis and chatter from across the managed security services provider ecosystem.

The Content: Written for MSSPs, SOC as a Service (SOCaaS), Managed Detection and Response (MDR), Extended Detection and Response (XDR) and MSP security providers — and those who need to partner up with such companies.
Frequency and Format: Every business morning. Typically one or two sentences for each item below.
Reaching Our Inbox: Send news, tips and rumors to [email protected].

A. Today’s MSSP, MDR, XDR and Cybersecurity News Alerts

1. Funding - Threat Management Marketplace: SOC Prime, a Boston, Massachusetts-based startup developing a threat detection marketplace, has raised $11.5 million funding round led by DNX Ventures with participation from Streamlined Ventures and Rembrandt Venture Partners.

2. Funding - SASE: Cato Networks has raised $200 million at a market valuation of $2.5 billion.

3. Funding - Cloud Directory Services: JumpCloud has raised $225 million series F with additional $66 million raised from Atlassian Ventures, CrowdStrike Falcon Fund, and NTT Docomo Ventures, among others.

4. Funding - Zero Trust & Application Security: Valence, a cybersecurity startup focused on zero trust principles in the Business Application Mesh, announced $7 million in seed funding led by YL Ventures.

5. Endpoint Security: ManageEngine, the enterprise IT management division of Zoho Corporation, has added data loss prevention for endpoints, anti-ransomware and endpoint compliance capabilities to its unified endpoint management (UEM) solution, Desktop Central.

B. Cybersecurity Partnerships, Strategic Alliances and Integrations

1. Integration - MDR and Microsoft: CriticalStart's Managed Detection and Response (MDR) services now support Microsoft 365 Defender.

2. MSSP and Data Protection: GM Sectec, an MSSP, has partnered with Commvault to provide businesses with automated disaster recovery and business continuity from large-scale ransomware attacks, the two companies said.

3. MSSPs and Data Analytics: Splunk Partnerverse Program to empower its network of over 2,200 partners to expand technical expertise, demonstrate core competencies with a new badge system, and showcase joint customer success. BlueVoyant, deepwatch, Orange Cyberdefense, TekStream.

4. Multi-Cloud Infrastructure Automation Software: The HashiCorp Partner Network has surpassed 170 technology partners with more than 300 verified integrations, the company said.

5. Asia Cyber Intelligence: Ensign InfoSecurity, which claims to be Asia’s largest pure-play cybersecurity firm, has partnered with Intel 471, a cybercrime intelligence provider. The partnership "provides actionable intelligence and deeper insight on the threat landscape, enabling enterprises to proactively detect and contain targeted and advanced threats," the two companies said.