Home / M&A Activity / Report: AWS Buys Cybersecurity Firm Sqrrl

Report: AWS Buys Cybersecurity Firm Sqrrl

Amazon Web Services has purchased Sqrrl, a cybersecurity company founded by former National Security Agency employees, CNBC reported Tuesday.

The transaction comes as AWS aims to integrate new security tools into the firm’s cloud platform and expand work with the intelligence community.

Sqrrl CEO Mark Terenzoni said in the company’s homepage the combination will allow the two companies to develop and deliver new offerings to clients.

A team of developers and contributors to NSA’s Accumulo open-source database software established Sqrrl in 2012.

Sqrrl’s software platform works to help security analysts facilitate threat detection through the use of machine learning algorithms, link analysis and multi-petabyte scalability functions.

Some of the companies that have invested in the cybersecurity startup include Spring Lake Equity Partners, Accomplice, Rally Ventures and Matrix Partners, the report added.

Check Also

Perspecta Labs Recognized for Cybersecurity Innovations Under DARPA Program; Mac Curtis Quoted

Perspecta's (NYSE: PRSP) applied research arm has been selected to receive a 2019 Industry Innovator award for introducing three cybersecurity technology platforms through the Defense Advanced Research Projects Agency’s Rapid Attack Detection, Isolation and Characterization Systems program.

Boeing, Navy Conduct First MQ-25 Unmanned Tanker Test Flight

Boeing (NYSE: BA) and the U.S. Navy completed the initial flight test of the MQ-25 unmanned aerial refueling platform.