News & Events

April Cyber Intelligence Review


The month of March saw significant cybersecurity, Big Data, and Cloud news headlines, in addition to several venture capital (“VC”) fundings and M&A transactions. Cyberattacks continued as South Korea was gripped by a wide-scale attack that simultaneously wiped hard drives and master boot records of more than 32,000 computers in at least three banks and two media companies. VMware and EMC made a splash in the Big Data industry by unveiling the Pivitol Initiative, a new venture that combines various resources from both companies to create a Big Data and cloud platform company. To round out the eventful month, the CIA reportedly agreed to a contract with Amazon worth up to $600 million over ten years to construct a private cloud infrastructure for intelligence-sharing and technology utilization.

On the M&A front, Tripwire acquired nCircle, a provider of information risk and security performance management solutions; the resulting entity will have combined revenues of ~$140 million. Kofax acquired altosoft, a provider of business intelligence analytics and monitoring, in a transaction worth $13.5 million. Oracle and Cisco each continued efforts to expand cloud computing footprints by acquiring Nimbula and SolveDirect, respectively. In VC funding news, MapR, a provider of enterprise software for Hadoop, raised a $30 million Series C round to fuel expansion into the Asia / Pacific region. Endgame Systems, a provider of Big Data solutions for threat environment visualization, raised a $23 million Series B round to expand its government and commercial customer bases. Lastly, Domo, a provider of business intelligence visualization and analytics solutions, raised a $60 million Series B round to accelerate growth, at an estimated post-money valuation north of $300 million.

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