Verodin

Verodin — the developer of technologies of information security founded in 2014. A main product of a startup is the cloud solution of Security Instrumentation Platform which allows the companies to monitor efficiency of means of cyber security and to constantly check protection of the crucial business systems. For example, the platform estimates security of corporate network, e-mail, cloud environments and devices.

Security Instrumentation Platform continuously tests and analyzes results beforehand to issue warnings, to check and optimize a configuration of controls and also to provide the proofs showing whether really purchased and unrolled controls provide desirable results for business.

History

2019: FireEye purchased Verodin for $250 million

On May 28, 2019 FireEye announced acquisition of Verodin for $250 million. The buyer will pay the transaction by means of own money and actions.

Affirms that sale of Verodin will not entail serious changes for her clients — the company will continue to offer independently services through resellers. Also partners of FireEye will be attracted.

FireEye purchased software developer for control of protection of crucial business systems

The clients safeguarding hold testing of the networks for threats from the outside. They need the uncompromising truth about that, are how effective their software for security — the CEO of FireEye Kevin Mandia says. — Verodin allows us to automate testing of efficiency of security using the difficult attacks for which we spend hundreds of thousands of hours, and provides systematic, quantitative and continuous approach to verification of cybersecurity programs.

In FireEye expect to increase due to purchase of Verodin revenue and orders for $20 million in 2019 and to increase orders for $70 million in the 2020th.^[1]

Notes