UPDATED 12:00 EDT / JUNE 14 2018

CLOUD

Continuum snaps up CARVIR for improved managed service provider security

Remote monitoring and management startup Continuum Managed Services LLC today said it has acquired CARVIR, a cybersecurity company specializing in monitored and managed security, for an undisclosed sum.

With the deal, Continuum will add CARVIR technology to its technology platform for managed service providers to enable information technology service providers to meet the security and compliance needs of their small and medium-sized business clients.

The acquisition sees the launch of two enhanced offerings supported within the Continuum SOC: Detect & Respond – Endpoint and Detect & Respond – Network & Compliance. Powered through its relationship with SentinelOne Inc., the endpoint service adds enterprise-grade monitoring and analysis of endpoints to identify and remediate active security threats for SMB clients.

The Network & Compliance offering is claimed to leverage industry-leading security information and event management technology to identify and remediate attacks within networks in compliance with Payment Card Industry, Health Insurance Portability and Accountability Act and Gramm-Leach-Bliley Act regulations.

“Continuum Security solutions provide MSPs with purpose-built tools and a complete set of services that enable them to meet the varying security and compliance needs of their end-clients in the small-to-medium business sector,'” the company said in a statement. “At a time when increasing talent shortages have put pressure on IT service providers seeking to scale their businesses, Continuum Security and the Continuum Security Operations Center provide partners with the resources and expertise to effectively and efficiently protect their clients.”

Continuum was last in the news when it was snapped up last June for an undisclosed price by Thoma Bravo LLC, a private equity investment firm with a taste for investing in enterprise and security startups. It’s not clear what the price of this acquisition was, but it’s nonetheless a sign of confidence in the company’s abilities.

Image: Continuum

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