LookingGlass Completes Acquisition of CloudShield
Purchase Accelerates Company’s Ability to Address Growing Demand for
Threat Intelligence and Active Defense Solutions
Arlington, VA – March 2, 2015 – LookingGlass Cyber Solutions Inc., the leader in threat intelligence that transforms security operations, announced today that it has completed the acquisition of CloudShield LLC, the world’s most secure Deep Packet Processing (DPP) platform provider. The acquisition strengthens LookingGlass’ ability to deliver a dynamic defense solution to large and vital businesses and government agencies. LookingGlass empowers confident, real-time decisions by offering focused, verified, multi-source information through a unique lens that customers use to create active intelligence for effective decisions. This acquisition acknowledges the importance of combining threat intelligence with policy enforcement to directly address escalating threats, and it positions Lookingglass to deliver the most comprehensive, scalable and secure cyber network defense platform. The transaction closed on February 27, 2015.
“Integrating threat intelligence into a customer’s environment and workflows is a critical evolution for threat intelligence providers,” stated Chris Coleman, LookingGlass Chief Executive Officer. “After an explosive year where we realized revenue growth exceeding 240%, the time was right to make this strategic move. Our acquisition of CloudShield will help us deliver critical solutions to the market.”
Coleman continued, “CloudShield will enable LookingGlass to operationalize threat intelligence while introducing more advanced tactics, techniques and procedures (TTPs) into the network fabric to enhance the strategy for dynamic defense.” LookingGlass was advised by ARC Securities on the acquisition of CloudShield.
Founded in 2000, CloudShield provides a highly secure, network defense platform that offers customers faster and more intelligent ways to observe and manipulate network traffic to fight cyber assaults. Solutions based on DPP can monitor and interact with network communications – empowering customers to apply policy decisions to mitigate and control threats quickly. CloudShield technology is completely open and enables the delivery of new security applications and services in response to a newly identified threat.
LookingGlass’ threat intelligence management system delivers content, context and confidence in risk and security operations decision support. Their suite of Scout products increases visibility within and beyond the network perimeter, allowing customers to continuously assess and mitigate threats. LookingGlass products are data and feed agnostic, supporting commercial and open source threat intelligence feeds, while delivering proprietary threat and Internet intelligence.
LookingGlass will continue to enhance its products and support while integrating specific threat intelligence capabilities such as service enabled control through machine-readable threat intelligence (MRTI). MRTI is a critical component of delivering real-time active threat defense.
CloudShield will operate as a division of Lookingglass and will be headquartered in Arlington, Va. The combined companies will exceed 130 employees with a national presence spanning from Arlington, Va., to Sunnyvale, Calif. and an advancing financial, international, government and intelligence customer presence.
LookingGlass offers robust, user-defined information that describes client networks to include their own assets, public facing Internet infrastructure and those of third-party networks – for which they normally would not have access. Its threat intelligence management system delivers enriched alert output that relies on the combination of multiple sources of threat intelligence providing context to the end user. Users have an enhanced experience through automated processes that retrieve and ingest threat intelligence into a single platform, which can then be integrated into manual or automated user workflows.
LookingGlass transforms the art of threat intelligence to empower consumers to identify risk, root and resolution with confidence and urgency. The company understands the business case for threat intelligence and the need to operationalize its use.
About LookingGlass Cyber Solutions
LookingGlass, the leader in threat intelligence that transforms security operations, empowers confident real-time decisions through focused verified multi-source information. We provide a unique lens to information customers may already have, creating active intelligence for effective decisions. LookingGlass is transforming the art of threat intelligence with innovative technology that empowers customers with complete and relevant risk information, delivering confidence, streamlining workflows and dramatically driving efficiencies. Our threat intelligence management system delivers content, context and confidence in risk and security operations decision support. This platform increases visibility within and beyond the network perimeter, enabling customers to continuously assess and mitigate threats. For more information, visit www.LGScout.com.