UPDATED 20:29 EDT / APRIL 21 2022

SECURITY

Security analytics company Devo acquires threat hunting startup Kognos

Cloud-native logging and security analytics company Devo Technology Inc. announced today that it has acquired Kognos Inc., a company that provides threat hunting tools, for an undisclosed price.

Founded in 2017, Kognos offers a cloud-based detection and investigation platform that detects, investigates and responds to attack campaigns. The company’s extended detection and response service is designed to give security teams the ability to detect an attacker executing their campaign in real time.

The Kognos platform uses advanced attack-tracking artificial intelligence that follows data flows to uncover threats in a company’s environment. The service builds out the timeline and sequence of events to deliver visibility into all lateral movement, insider threats and attackers that need to be addressed.

Kognos says its platform delivers a complete, contextual picture of what devices and systems are involved, what happened and when.

With the acquisition, Devo will combine its scalable cloud-native logging and security analytics platform with the Kognos platform to deliver on what it calls the “autonomous SOC” or security operations center. Devo will collect data from across the entire attack surface from any source, at scale, and provide advanced analytics and detections that feed directly into the Kognos AI engine.

“For analysts to have any chance of keeping up with today’s adversaries, we need to shift the security operations center focus from weeding through thousands of alerts every day to actionable attack stories — the full sequence of steps taken to carry out an attack and an understanding of its impact,” Devo Chief Executive Officer Marc van Zadelhoff said in a statement. “Kognos does exactly this with AI that understands attack scenarios in real time and anticipates the questions analysts ask of their data.”

Coming into the acquisition, Kognos had raised $1.8 million in venture capital funding, according to Crunchbase, from Cyber Mentor Fund and Lucas Venture Group. As part of the deal, Kognos CEO Rakesh Nair, the former head of engineering at Netwitness/RSA, will join Devo as vice president of engineering.

Devo itself is a heavily funded company, having raised $381 million. Notable investors include Insight Partners, Bessemer Venture Partners, General Atlantic and TCV.

Image: Kognos

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