Cybersecurity firm SentinelOne Inc. today announced that it has agreed to acquire PingSafe Pte Ltd., a cloud-native application protection platform startup, for an undisclosed price.

Founded in 2021, PingSafe offers a CNAPP solution that it claims delivers dynamic, real-time monitoring of multicloud workloads, simple setup and configuration and low false positive rates. Designed to bridge the gap between attackers’ modus operandi and security solutions currently on the market, the core focus of PingSafe is to help companies protect themselves against cyberattacks.

The PingSafe platform aggregates intelligence via cloud application programming interfaces and logs and then uses a graph database to generate a normalized architecture of the cloud real estate of a client. With its “Offensive Security Engine,” PingSafe then detects toxic and exploitable vulnerabilities, allowing security teams to make efficient decisions without relying on human verification of alerts.

SentinelOne plans to integrate PingSafe’s CNAPP into its Singularity Platform, delivering what is claimed to be a “paradigm shift in cloud security.” The company argues that companies will no longer have to rely on point solutions or a standalone cloud security platform as they now have access to a unified security platform complete with advanced, real-time, artificial intelligence-powered security operations to protect the entire enterprise across endpoints, identities and clouds.

“With the addition of PingSafe, we intend to redefine cloud security by fusing best-of-breed cloud workload protection, AI and analytics capabilities with a modern and comprehensive CNAPP,” said Ric Smith, chief product and technology officer at SentinelOne. “This new approach to cloud security will eliminate the need for companies to navigate the complexity of multiple-point solutions, triage and investigate with incomplete context, or pipe data between disparate data silos.

The acquisition is part of SentinelOne’s aim to steadily extend its cloud security capabilities beyond cloud workload security.

Coming into its acquisition, PingSafe had raised one round of funding — $3.3 million when it launched in July. Investors include Sequoia Capital India (Peak XV Partners Private Ltd.), Surge Ventures LLP and a number of individual investors.

Photo: PingSafe