FireEye Acquires Respond Software: Security Deal Details
Respond Software develops Respond Analyst, an XDR engine that "accelerates cyber investigation and response by automating the correlation of multi-sourced attack evidence using cloud-based data science models that ingest data from a comprehensive set of security technologies," the buyer says.FireEye will tuck Respond's technology into the Mandiant Advantage platform, bringing "vendor-agnostic XDR and investigation capabilities that integrates with any customer environment," the buyer says.Ahead of the deal, Respond Software had been walking a fine line in the cybersecurity channel — seeking to displace some MSSPs even as it lined up MSPs and VARs for its partner program. Software integrations have also been important -- including connections to Splunk and Palo Alto Networks.Respond Software was venture backed. The company in 2019 raised $20 million in Series B funding led by growth equity firm ClearSky Security. By September 2020, there were signs of partner program progress.FireEye Buys XDR Software Company: Executive Perspectives
In a prepared statement about the acquisition, FireEye CEO Kevin Mandia said:“With Mandiant’s position on the front lines, we know what to look for in an attack, and Respond’s cloud-based machine learning productizes our expertise to deliver faster outcomes and protect more customers. This creates a learning system with new capabilities that will enable us to expand our Mandiant portfolio and drive new XDR revenue through our Mandiant Advantage platform.”
“Customers rely on our XDR engine to investigate more alerts, at a deeper level, for far less cost than existing processes and tools. Respond’s product dramatically reduces time spent investigating false positives as it connects the dots among siloed, multi-vendor security controls in an easy-to-deploy cloud-based package. Now coupled with Mandiant’s world-class threat intelligence and incident response expertise feeding our models, customers can be confident the most up-to-date and relevant attack tactics and techniques are recognized and appropriately escalated. This results in more coverage, faster resolution of incidents, and ultimately, less risk at lower cost.”
