Forcepoint Acquires RedOwl for Undisclosed Sum

Global cybersecurity company Forcepoint announced the acquisition of RedOwl. Financial terms of the deal were not disclosed.

RedOwl, founded in 2011, created security analytics that enables risk management teams proactively to monitor and mitigate suspicious human activity inside the enterprise. The company combines human-centric data — communications, endpoint, physical security, and print logs — with machine data such as server logs and SIEM to deliver situational awareness to identify and disrupt espionage, IP theft, compromised users and rogue employees. Prior to the acquisition, RedOwl had raised $21.6 million venture capital funding.

“Combining the deep collection capabilities of Forcepoint Insider Threat, the powerful analytics of RedOwl’s technology and the risk mitigation of DLP creates a system capable of protecting critical business data and IP like no other,” said Heath Thompson, senior vice president and general manager of the data and insider threat security business at Forcepoint.

RedOwl brings a sophisticated analytics platform to Forcepoint’s human-centric cybersecurity system and will be integrated across the company’s portfolio, as well as with customers’ existing technologies. According to the company, the combination of RedOwl’s UEBA technology, Forcepoint DLP, and Forcepoint Insider Threat will provide the industry’s only comprehensive solution for understanding and responding to the behaviors and intent of people.