Cybersecurity insurance company Coalition Inc. today announced that it has acquired managed detection and response startup Wirespeed Inc. for an undisclosed price.

Founded in July 2024, Wirespeed assist organizations detect and respond to cyberthreats with an automated MDR platform that reduces the time from threat detection to verdict measured in milliseconds rather than hours or days.

Wirespeed’s platform is built around a conditional logic algorithm combined with probabilistic artificial intelligence to produce consistent, repeatable threat verdicts in as little as 1.8 seconds. The speed of threat detection to verdict is key to the company’s offering, with the company emphasizing that in a threat landscape where adversaries move fast, the delay between detection and response can determine whether a breach becomes a full-blown incident.

The company emphasizes signal clarity and noise reduction, claiming the platform delivers a 99.99% reduction in alert noise by filtering out non-actionable detections and focusing on high-confidence events.

Wirespeed’s Automated MDR leverages ChatOps integrations with Slack, Microsoft Teams, email and SMS to solve challenging cases efficiently and at scale, it says.

The acquisition will combine Wirespeed’s MDR with Coalition’s suite of cyber risk management tools and coverage to provide protection against fast-moving cyberthreats. Integrations will include Wirespeed MDR integrating data from Coalitions Active Data Graph, including external attack surface monitoring, cyber claims data and more to give more businesses access to 24/7 protection.

“The acquisition of Wirespeed represents the next phase of Coalition’s mission to protect the unprotected,” said Coalition co-founder and Chief Executive Joshua Motta. “By combining fully automated, rapid managed detection and response with our Active Insurance platform, we’re bringing best-in-class cyber protection to organizations of every size and as a cybersecurity provider whose incentives are directly aligned with our customers in preventing losses, we’re setting a new standard for digital risk prevention.”

Coming into its acquisition, Wirespeed had raised a single seed round of an undisclosed amount in May from investors including Mairs & Power Venture Capital, RNP Capital Advisors and a number of individual investors, according to data from Tracxn.

Image: Wirespeed