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When it comes to cloud security, consistency is everything – your cloud controls should mimic your on-premise implementations, so you have complete consistency of security policy enforcement across environments.
Cloud security breaches have not been the result of brilliant criminal masterminds. Rather, they have been the result of self-inflicted errors that are often caused by faulty migration and deployment practices – particularly when the right security personnel are excluded from the process.
Funding by premier private equity and venture capital firm further validates FireMon’s market leading position
OVERLAND PARK, Kan., June 11, 2014
FireMon, the top provider of proactive security intelligence solutions, today announced that Insight Venture Partners, a leading global private equity and venture capital firm, has acquired a majority interest in the company. Specific terms of the deal were not disclosed.
FireMon’s executive team will continue to lead the firm, with Gary Fish serving as Executive Chairman and Jody Brazil as CEO. Customers and partners will see no change in the company’s business strategy, product plans, partner-focused go-to-market strategy and technology partnerships. As part of the transaction, Insight Managing Director Mike Triplett and Principal Martin Angert will join FireMon’s Board of Directors.
“FireMon is dedicated to delivering innovative security intelligence solutions to customers worldwide and the investment from Insight Venture Partners will strengthen our ability to execute on that vision,” said FireMon CEO Jody Brazil. “The FireMon Security Intelligence Platform has a multi-year lead on all competitors and serves the most critical needs of enterprises, government agencies and MSSPs. FireMon products offer the massive scalability, real-time performance, open API extensibility and integrated intelligence collection, analysis and simulation to win the cybersecurity arms race.”
Insight’s investment will accelerate what has already been dramatic growth for FireMon in 2014, highlighted by:
“Securing large networks continues to be a daunting task, as major data breaches around the world confirm almost daily,” said FireMon Founder and Executive Chairman Gary Fish. “The world’s leading enterprises, government agencies and MSSPs trust our people, technology and platform to provide them with the real-time visibility and intelligence needed to proactively automate and fortify their network defenses. This new investment by Insight Venture Partners will enable FireMon to accelerate our plans to solidify Network Security Intelligence as a cornerstone in the global cybersecurity market, and further establish FireMon as the technology and market share leader in this critical space.”
“Network Security Intelligence represents one of the most strategic segments in the cybersecurity market. Security teams need to automate vital operational processes to continuously monitor security, risk and compliance so they can spend more time on proactive efforts that can prevent data breaches,” said Insight Venture Partners Managing Director Mike Triplett.. “We are thrilled to be partnering with such a deep and experienced team at FireMon, and look forward to working with them to continue building a market leading business in security software.” Signal Hill served as FireMon’s M&A advisor; Polsinelli as legal advisors; and BKD as accounting advisors. Willkie Farr & Gallagher LLP served as legal advisors to Insight.
FireMon is the industry leader in proactive security intelligence solutions for large organizations that deliver continuous control of infrastructure, policy and IT risk. The FireMon Security Intelligence Platform is a massively scalable, high-performance foundation for network risk detection, change workflow automation, firewall rule base clean-up, compliance audit assessment and security operations cost reduction. For more information, visit https://www.firemon.com.
Insight Venture Partners is a leading global venture capital and private equity firm investing in high-growth technology and software companies that are driving transformative change in their industries. Founded in 1995, Insight has raised more than $8 billion and invested in more than 200 companies worldwide. Our mission is to find, fund and work successfully with visionary executives providing them with practical, hands-on growth expertise to foster long-term success. For more information on Insight and all of its investments, visit http://www.insightpartners.com or follow us on twitter: Twitter.
Whether you’re monitoring 100 devices or 15,000, on one continent or around the world, we offer a FM appliance with the power and storage capacity to deliver FireMon’s high-performance, highly scalable firewall management and risk analysis solutions.
FireMon’s Intelligent Security Management platform enables users with Cisco Systems switches, routers and firewalls (Pix, ASA, FirePower) to work smarter, applying intelligence to the entire security program
FireMon helps organizations move towards Zero Trust by providing:
Reduce your attack surface with a Security Policy Orchestration and Automation solution like FireMon.
Larger attack surface means more opportunities for cybercriminals to do harm. Learn how FireMon can help you remove exposures before they become exploited.
Migrations run the risk of cost overrun, delays and disruption of network service - often due to a lack of personnel and process to efficiently and effectively manage. To ensure a successful migration, consider these four key factors: 1) identifying and removing technical mistakes, 2) removing unused access, 3) refining and organizing what remains and 4) continuous, real-time monitoring.
Helping Enterprise Security Teams Improve Resource Efficiency & Reduce Overall Risk Exposure
Firewall technology has come a long way since its initial, most rudimentary forms. Next-Generation Firewalls (NGFW) are the latest development, and organizations are accelerating adoption to the new technology. But NGFWs aren’t a fix-all solution.
Forrester’s Zero Trust Model of information security helps teams develop robust prevention, detection and incident response capabilities to protect their company's vital digital business ecosystem. This report will help security pros understand the technologies best suited to empowering and extending their Zero Trust initiatives and will detail how Forrester sees this model and framework growing and evolving.