Acquisition Supports Aggressive Go-to-Market Expansion to Surpass its 200+ Customers by Combining Real-Time Behavioral Threat Detection with In-Memory Endpoint Threat Analysis
WALTHAM, Mass. (July 15, 2015) – CounterTack, the leader in Big Data Endpoint Detection and Response (EDR), today announced it has acquired ManTech Cyber Solutions International (MCSI), a commercial software division of ManTech International Corporation (Nasdaq:MANT). The acquisition enhances CounterTack’s leadership position in the EDR market, and will enable CounterTack to deliver truly unprecedented value to its market-leading 200+ customers, by combining real-time operating system-level behavioral threat detection with in-memory threat analysis that maps to the entire cyber kill chain and scales enterprise-wide. ManTech will become an equity investor in CounterTack as well as a global distribution partner.
This acquisition comes on the heels of CounterTack’s recent $15 million Series C round of funding, led by TenEleven Ventures with other new investors, including EDBI (the corporate investment arm of the Singapore Economic Development Board), along with the participation of existing investors.
“We’re thrilled to have MCSI and its innovative products as part of CounterTack to deliver cutting edge EDR technology, and expand our dramatically larger EDR customer footprint against CrowdStrike and others,” said Neal Creighton, President and CEO, CounterTack. “The powerful combination of real-time operating system surveillance with in-memory threat analysis capabilities positions CounterTack as a clear market leader, and we look forward to driving more value for our customers with new products and services.”
CounterTack will support three products in the endpoint detection and response category:
- Sentinel – CounterTack’s flagship Big Data Endpoint Detection and Response platform for the enterprise.
- Active Defense – Enterprise-class malware detection and analysis platform, powered by Digital DNA.
- Responder Pro – Advanced in-memory forensics, malware analysis and reverse engineering tool specifically designed for incident responders, powered by Digital DNA.
Digital DNA is the only in-memory malware behavioral detection and analysis engine featuring well over 2,200 traits and its ultra-advanced Malware Genome library.
“We believe this strategic relationship will enable CounterTack to assume the leadership position in the next-generation endpoint security market,” stated L. William Varner, President, ManTech Mission, Cyber and Intelligence Solutions Group. “CounterTack has demonstrated consistent growth for the past three years and has prioritized the success of its customers amid the rapidly changing endpoint threat environment. We look forward to helping fuel their growth in the EDR market and to providing any support necessary.”
“The ability to detect and respond to endpoint threats from multiple angles across the operating system and physical memory makes this transaction highly valuable for customers on both sides of the acquisition,” says Adrian Sanabria, Senior Security Analyst, 451 Research. “This market will be dictated largely by the ability to support organizations in detecting and rapidly responding to threats that have made it past traditional perimeter defenses and onto the endpoint. It is important in this market to cover the whole incident response lifecycle and the entire endpoint attack surface. CounterTack has accelerated its ability to deliver in-memory scans at-scale, behavioral-based detection and accelerated system triage to customers through this transaction.”
As part of the transaction, Mr. Varner will join CounterTack’s Board of Directors as a Board Observer.
CounterTack will debut its suite of EDR solutions at upcoming industry conferences worldwide, including RSA Asia 2015 and Black Hat USA 2015.
- RSA Asia 2015: July 22 – 24, Booth S14, Level 5, Grand Ballroom, Marina Bay Sands Resort, Singapore.
- Black Hat USA 2015: August 5 & 6, Booths 1147 and 447, Mandalay Bay Casino & Resort, Las Vegas, NV.
CounterTack is the leading provider of real-time, Big Data endpoint detection and response technology for the enterprise. CounterTack provides unprecedented visibility and context around endpoint behavior to targeted, persistent threats to improve incident response and threat detection, enterprise-wide.
Built on Big Data architecture to counter endpoint threats at-scale and leveraging tamper-resistant collection for pure behavioral capture on enterprise endpoints, (laptops, servers, workstations, mobile devices) CounterTack dramatically reduces the impact of advanced attacks in real-time, giving teams an opportunity to defend the enterprise before incidents escalate.