Datadog, a cloud monitoring platform, announced that it plans to acquire Sqreen, a software-as-a-service security company. It was originally founded in France and participated in the 2016 TechCrunch Startup Battlefield.
Sqreen is a cloud-based security platform used to project applications directly. After installing a sandboxed Sqreen, it will analyze your app in real-time to detect vulnerabilities in the code or configuration.
There is a small CPU overhead when Sqreen is enabled and running. However, there are upsides. It is capable of surfacing threats and has provisions for you to set your own threat detection rules.
You have access to the status of your app, from the Sqreen dashboard. There are also notifications when an incident arises and information regarding the incidents.
For example, you can view blocked SQL injections, where the injection attempts originated, and take the necessary steps to prevent other attempts. Sqreen can also detect common attacks like cross-site scripting and credential stuffing.
The users can also enable different modules from a diverse plugin marketplace for additional functions. Combining Sqreen and Datadog makes sense because the companies already rely on Datadog to monitor their apps.
The Sqreen-Datadog future makes sense
Sqreen’s product is great and Datadog has the customer base to make it go mainstream. The company raised a $2.3 million round from Pint Nine Capital, Alven Capital, Kima Ventures, 50 Partners, and business angels.
Sqreen then went on to participate in the TechCrunch Startup Battlefield and made it to the finals but did not win the competition. The Startup also managed to attend Y Combinator after that.
In 2019, The company raised a $14 million Series A round led by Greylock Partners and existing investors Y Combinator, Alven, and Point Nine.