Market Data
A Strategic Union in Cybersecurity: DeepSurface Acquired by AttackIQ
Introduction to the Acquisition
In a significant move within the cybersecurity landscape, Portland-based startup DeepSurface has been acquired by Santa Clara, California’s AttackIQ. This union marks an exciting development in the realm of cybersecurity, bridging innovative risk assessment with cutting-edge attack simulation technologies. The acquisition underscores the growing importance of robust cybersecurity solutions in an ever-evolving digital threat environment.
DeepSurface: Pioneers in Risk Assessment
DeepSurface, founded in 2017, is renowned for its pioneering approach to cybersecurity. Led by CEO James Dirksen and CTO Tim Morgan, the company developed software that provides a "hacker roadmap," enabling organizations to prioritize vulnerabilities effectively. Dirksen’s background includes selling RuleSpace to Symantec, while Morgan brings extensive experience as a security consultant. Their expertise has been instrumental in shaping DeepSurface’s mission to empower security teams with smarter risk analysis.
AttackIQ: Leaders in Adversarial Exposure Validation
AttackIQ, a leader in Adversarial Exposure Validation (AEV), specializes in simulating real-world cyberattacks to test and validate security postures. This approach allows organizations to identify and address vulnerabilities proactively. By integrating DeepSurface’s risk assessment capabilities, AttackIQ can offer a more comprehensive security solution, enhancing its existing breach and attack simulation services.
Strategic Synergy and Vision
The acquisition is met with enthusiasm from both leadership teams. James Dirksen and Tim Morgan highlighted the strategic fit and the potential to elevate their mission. The integration of DeepSurface’s technology with AttackIQ’s platform promises to deliver a powerhouse solution, combining contextual risk analysis with advanced attack simulation. This synergy aims to empower organizations to focus on critical vulnerabilities, ensuring stronger security postures.
Growth and Funding Milestones
DeepSurface’s journey includes a notable seed funding round of $1 million in 2020, led by Cascade Seed Fund and supported by SeaChange Fund and Voyager Capital. This funding underscored investor confidence in DeepSurface’s innovative approach, paving the way for its growth and eventual acquisition by AttackIQ.
Enhanced Value for Customers
The union of DeepSurface and AttackIQ is poised to deliver enhanced value to customers. By combining DeepSurface’s prioritized risk assessment with AttackIQ’s attack simulation, organizations can expect a more holistic view of their security, enabling better decision-making and resource allocation. This partnership not only strengthens individual security frameworks but also contributes to advancing the broader cybersecurity industry.
Looking Ahead: The Future of Cybersecurity
As DeepSurface joins AttackIQ, the cybersecurity community anticipates a new era of integrated and effective security solutions. This acquisition is a testament to the power of collaboration and innovation in the face of escalating cyber threats. Together, DeepSurface and AttackIQ are set to redefine how organizations approach cybersecurity, offering a blend of proactive risk management and robust attack preparedness. This strategic union is not just a business move but a significant step towards a safer digital future.
