Splunk to acquire cloud-native security startup TruSTAR
Splunk Inc. today announced its intention to acquire cloud-native security startup TruSTAR Technology Inc. for an undisclosed price.
Founded in 2014, TruSTAR offers an application programming interface-first cloud-native intelligence management platform that transforms intelligence from third-party providers and historical events for integration and accelerated automation across core detection, orchestration and response tools.
Through the use of custom API solutions and partner integrations, TruSTAR’s intelligence management platform puts internal and external data into operation to help security teams accelerate detection, incident response, investigations and collaboration. The service aims to deliver technology so that teams can “defend better together” through the integration of intelligence data into every stage of their workflow to make better decisions faster.
TruSTAR, though its integration marketplace, currently provides support for Splunk, LogRhythm Inc., IBM QRadar, 471 and Resilient, AWS GuardDuty, Jira, US-CERT, ServiceNow Inc., Unit 42, CrowdStrike Holdings Inc., RiskIQ Inc. and various others.
The company says it has more than 500 corporate clients. Notable among them are Rackspace Technology Inc., IBM Cloud, BNP Paribas S.A., Experian plc, Staples Inc. and Prudential plc.
Splunk will use TruSTAR’s technology to advance its ability to offer comprehensive security solutions in the cloud, giving customers the ability to access all their data to cut through complexity, drive detection and respond to threats faster and autonomously.
TruSTAR’s capabilities will be added to the Splunk Data-to-Everything platform. Existing TruSTAR customers will be able to take advantage of community and freemium feeds from several of Splunk’s commercial threat intelligence integration partners, including Intel471, Recorded Future and Mandiant.
“In today’s data age, integrated and automated intelligence is critical to accelerate detection, streamline response and increase cyber resilience,” Sendur Sellakumar, senior vice president, cloud and chief product officer at Splunk, said in a statement. “TruSTAR’s cloud-native solution centralizes threat data from a wide array of sources so it can be seamlessly integrated into Security Analytics and SOAR workflows to provide more autonomous, higher efficacy security operations.”
Prior to acquisition, TruSTAR had raised $17 million in funding, according to data from Crunchbase. Investors include Storm Ventures, Acrew Capital, S28 Capital, Heavybit, Resolute Ventures and Aspect Ventures.
Image: TruSTAR
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