Kaseya acquires cybersecurity-startup ID Agent for unknown amount

Kaseya has announced that it is taking over the US cybersecurity start-up ID Agent for an undisclosed amount. Kaseya is a major provider of infrastructure management software. That’s what Silicon Angle reports.

A few days ago, Kaseya announced that it had raised more than $500 million in a financing round led by TPG Growth. With that investment, the company is valued at $1.75 billion, placing it in the “unicorn” category in the tech industry. However, Kaseya is not in Silicon Valley, but in Dublin, Ireland. The company was also founded in the year 2000.

Kaseya sells software tools designed to simplify the day-to-day work of IT departments and outsourced infrastructure management providers. The company’s largest product is VSA, a platform that allows administrators to manage all the devices in an organization through a centralized console. The company’s other products focus on similar tasks, such as maintaining cloud environments and monitoring network traffic.

ID Agent

Several solutions come with built-in security features, which is why Kaseya has now included ID Agent. ID Agent has developed two products with which cyber attacks aimed at a company’s employees and customers can be blocked.

Among other things, ID Agent offers a threat intelligence platform called Dark Web ID. This platform monitors activity on dark web sites, such as hacker forums. Should the e-mail addresses and passwords of employees or customers appear anywhere, the company will be notified.

The other product is Bullfish ID. Bullfish ID allows IT departments to launch simulated phishing campaigns to test how prepared a company is in terms of security.

Takeover

It is intended that ID Agent will continue to act as an independent entity after the acquisition. According to the deal, the security company’s team will remain in its current headquarters in Maryland, under the leadership of founder and CEO Kevin Lancaster.