Microsoft has confirmed it will acquire RiskIQ, a security startup providing threat intelligence and management across the Microsoft cloud, Amazon Web Services, other clouds, on-premises, and the supply chain.
San Francisco-based RiskIQ was founded in 2009 and has so far raised $83 million in funding, its latest a $15 million Series D in June 2020, according to Crunchbase. The company's platform is built to collect Internet telemetry and data that can help businesses find and investigate threats with information about the source of attacks, tools, systems, and indicators of compromise.
News of the acquisition arrives as more businesses are running applications and infrastructure across multiple clouds and hybrid cloud environments, driving the need for tools to identify security threats across assets.
"Effectively the internet is becoming their new network, and it's increasingly critical to understand the full scope of their assets to reduce their attack surface," wrote Eric Doerr, Microsoft's vice president of cloud security, in a blog post on the acquisition. Microsoft did not specify where it will use RiskIQ's technology; however, a statement from RiskIQ cofounder and CEO Elias Manousos indicates it will be integrated into Microsoft's lineup of security tools.
"We're thrilled to add RiskIQ's Attack Surface and Threat Intelligence solutions to the Microsoft Security portfolio, extending and accelerating our impact," he wrote, adding that "our combined capabilities" will enable strong detection, investigation, and response against threats.
Terms of the deal were not disclosed; however, Bloomberg previously reported that Microsoft would pay more than $500 million for RiskIQ.
Read Microsoft's full blog post for more details.