Cybersecurity outfit SentinelOne plans to buy app protection expert PingSafe in a move it thinks will dominate cloud security by putting its tech under the bonnet of SentinelOne’s Singularity Platform.
SentinelOne’s chief product and technology officer Ric Smith said that with PingSafe on board, SentinelOne will change cloud security by mixing top-notch cloud workload protection, AI and analytics skills with a modern and complete cloud-native application protection platform.
Smith said this new way of cloud security will get rid of the need for firms to “deal with the hassle of multiple point solutions, sort out and investigate, or move data between different data piles.”
“Instead, clients can fully manage their whole attack area from a single platform that – unlike old CNAPPs and stand-alone providers – gives the full picture, real-time chat and analytics needed to link, spot and stop multi-stage attacks in a simple, automatic way,” Smith said.
SentinelOne will get PingSafe for a mix of cash and stock. They did not say how much the deal was worth.
PingSafe’s CNAPP will be joined with SentinelOne’s Singularity Platform to make a united security platform with advanced AI-powered security operations to protect businesses across endpoints, identities and clouds.
The buy will bring PingSafe’s CNAPP and SentinelOne’s cloud workload security and cloud data security skills. PingSafe’s CNAPP gives real-time watching of multi-cloud workloads, easy setup and configuration, and low false alarm rates.
The goal is to give customers a fully joined platform that drives better cover, cleanliness and automation across their cloud footprint.
“Joined with our Singularity Data Lake, Purple AI, endpoint security and identity security skills, PingSafe will let us give a tempting and cheap alternative to stand-alone CNAPP offers unlike anything else in the market and a better, more joined user experience,” Smith said.
PingSafe’s founder and bossAnand Prakash said his firm shares a common mission with SentinelOne to better secure the cloud and make the internet a safer place
“The mix of our cutting-edge CNAPP skills with SentinelOne’s top AI security platform will boost cloud security by giving top-class protection for multi-cloud infrastructure from start to finish,” said Prakash.
The joined PingSafe and SentinelOne will give different skills such as advanced secrets scanning of runtime and build-time settings and an attack area management rules engine that runs break-in and attack test scenes against internet-seen cloud things to spot how an enemy could break into those things, the firms said.
The buy will close during SentinelOne’s first quarter of fiscal year 2025.
