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  • SentinelOne acquires Scalyr to revolutionize the XDR platform and security analytics

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SentinelOne acquires Scalyr to revolutionize the XDR platform and security analytics

by Grandangolo Communications / Monday, 01 March 2021 / Published in SentinelOne

The Big Data Platform will enhance XDR capabilities, analytics and orchestration capabilities across the enterprise

SentinelOne, a provider of an automated cybersecurity platform, announced the acquisition of Scalyr, a leader in cloud-native scale data analytics. With this acquisition, SentinelOne can ingest, match, search and act on all data from any source, offering the industry's most advanced integrated XDR platform for real-time, in-house and cloud threat mitigation.

Through the acquisition, SentinelOne defines the trend of the XDR market, and solves one of the biggest challenges in providing a fully integrated platform: detects operational data and acts on it in real time. According to Gartner, "building an effective

Scalyr's SaaS platform, born in the cloud, keeps every promise. By removing data schema requirements and query limitations from the ingestion process, Scalyr can obtain massive amounts of data from devices and applications in real time, allowing organizations to analyze, query and act on data faster and more effectively. The solution provides SentinelOne customers with self-contained, real-time, enterprise-wide and cloud threat protection that current manually managed cybersecurity products fail to provide.

"With the acquisition of Scalyr, SentinelOne solves one of the industry's biggest data management challenges to deliver fully integrated Tomer Weingarten, CEO and Founding Partner of SentinelOne. "This is a big leap forward for the industry. While other products rely entirely on SIEM integrations or OEMs for data correlation and response, SentinelOne is unique in offering customers proactive solutions from a security-first perspective. Combining Scalyr's data analytics with our leading AI capabilities ushers in a new era of attack prevention, detection and response."

Real-time data acquisition and combination represents the next generation of threat detection

With Scalyr as the big data engine powering the Singularity XDR platform, SentinelOne defines the concept of autonomous protection. Scalyr expands the range of data sources in real time to capture structured and unstructured data from any product or technology platform – including Microsoft, AWS, Google, CrowdStrike and more – as well as internal enterprise data sources. The diverse

Automated response based on AI throughout the company's technology chain

While most EDR solutions address threat management, often relying on manual actions, SentinelOne has pioneered AI-powered automated response capabilities, including threat protection, remediation, and ransomware rollback without requiring intervention from the IT team. Additionally, XDR also extends these capabilities to applications and services such as Okta, Netskope, Recorded Future, ServiceNow, Splunk, Zendesk, Slack, and more.

"This strategic acquisition accelerates SentinelOne's leadership in product innovation while maintaining a sustainable growth model. Scalyr's technology puts an end to one of the biggest operational challenges vendors face: balancing the costs of acquiring and storing massive amounts of data," he said Nicholas Warner, COO at SentinelOne. “Implementing the industry's most advanced and integrated XDR platform solidifies our growth trajectory as we continue to build a sustainable, long-term business that delivers value to customers and shareholders.”

Founded by Google Docs creator Steve Newman, Scalyr created the industry's first cloud-native scale data analytics platform for log management and monitoring. Scalyr is used by leading companies such as NBC Universal, CareerBuilder, TomTom, Lacework, Zalando, Tokopedia and Asana.

“We developed Scalyr to solve data pain points for a cloud-first world,” he recalled Newman, President and Founding Partner of Scalyr. “I am thrilled that the Scalyr team is joining SentinelOne to help us solve the world's most pressing big data problem: cybersecurity.”

“The security and data analytics industries are closely related, in particular this acquisition offers SentinelOne the opportunity to become a leader in the XDR sector,” he said Christine Heckart, CEO of Scalyr. “Existing Scalyr customers will benefit from the investment while SentinelOne customers will be able to enjoy Scalyr’s big data capabilities in the Singularity platform.”

Under the terms of the deal, SentinelOne is acquiring Scalyr for $155 million. The acquisition is expected to close by April 2021 based on customary completion conditions. The SentinelOne team will continue to offer log management, observability and event data cloud solutions in conjunction with the Scalyr integration.

Tagged under: Scalyr, SentinelOne, XDR

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