Amazon Web Services has acquired Sqrrl, adding it to the list of recently acquired security-oriented companies.
The acquisition has been reported by Sqrrl CEO, Mark Ternzoni, on the official company website, saying: “We’re thrilled to share that Sqrrl has been acquired by Amazon. We will be joining the Amazon Web Services family, and we’re looking forward to working together on customer offerings for the future.”
“For now, it is business as usual at Sqrrl,” Terenzoni said. “We will continue to work with customers to provide advanced threat hunting capabilities. And, over time, we’ll work with AWS to do even more on your behalf.”
Sqrrl, a company founded in 2012, by people previously working for the U.S National Security Agency (NSA), has been filling news posts since December when Axios reported this threat detection startup was rumored in talks with AWS.
According to the company’s website, Sqrrl’s software “enables security analysts to discover advanced threats faster and reduces the time required to investigate them”. Its threat Hunting Platform unites link analysis, machine learning algorithms, and multi-petabyte scalability capabilities into an integrated solution.
AWS is currently a leader in the cloud market with Google and Microsoft trailing behind and has been working hard to upgrade the security tools package, with the recent being the Amazon Macie, launched in August last year.
According to the statement, Sqrrl will continue working with its current customers but we are sure that a lot of focus will be transferred to AWS and its cloud solutions.
Most top companies are focused on buying small security startups which do not come as a big surprise with increased threats to cybersecurity. Recent big attacks like the Equifax hack or even the recently discovered Spectre and Meltdown bugs in most chips did not help.
Unfortunately, AWS has yet to comment on the new acquisition and details regarding it have not been revealed.