Arista Networks agreed to acquire Awake Security, a start-up offering a Network Detection and Response (NDR) platform. Financial terms were not disclosed.
Awake, which is based in Santa Clara, California, combines artificial intelligence (AI) with human expertise to autonomously hunt and respond to insider and external threats. The Awake platform analyzes network traffic and autonomously identifies, assesses, and processes threats.
"We see an exciting future for Awake within the Arista family," said Rahul Kashyap, CEO for Awake Security. “Awake pioneered NDR platforms for real-time AI-driven situational awareness to secure digital assets and then respond to mitigate those risks. This acquisition allows us to further that mission.”
"We warmly welcome Awake Security to the Arista team,” stated Anshul Sadana, COO for Arista Networks. “With the proliferation of users, devices and Internet of Things (IOT), Awake’s best of breed threat detection platform is synergistic with Arista’s market leading cognitive cloud networks, delivering proactive security for our customers.”
- In April 2020, Awake Security, raised $36 million in Series C financing led by Evolution Equity Partners with participation from Energize Ventures and Liberty Global Ventures, as well as existing investors Bain Capital Ventures and Greylock Partners. The latest investment brings Awake’s total funding to nearly $80 million and will be used to propel expansion in areas including R&D, sales and marketing to meet the growing demand for the company’s advanced network traffic analysis platform. Awake also said that it has increased its annual recurring revenue (ARR) by close to 700% and doubled its employee headcount over the past year.
