Threat Management

OpenText VP Marc St-Pierre reiterates managed XDR (MXDR) capabilities for MSP & MSSP partners, though MDR security market is crowded with alternatives.

Sophos, backed by private equity firm Thoma Bravo, buys SOC.OS -- a BAE Systems spin-out that may further Sophos MDR & XDR for MSPs & MSSPs.

Private equity and venture capital firms continue to invest heavily on MDR (managed detection and response) security companies. Some deals may benefit channel partners.

SilverSky, an MSSP & managed detection and response (MDR) services provider, acquires security information & event management (SIEM) & MDR platform company Cybraics.

AgileBlue, a security operations center (SOC) & eXtended detection & response (XDR) platform provider, adds $3 million in preferred funding.

Secureworks, owned by Dell, accelerates its Taegis XDR security revenue. But the MSSP's overall business revenue continues to contract.

CSW, an MSSP & attack surface and vulnerability management solutions provider, acquires threat management intellectual property developed by CYR3CON.

Alert Logic, to be owned by HelpSystems, plans to continue MSP security partner program for SaaS-based managed detection & response (MDR) services.