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Home > Cybersecurity > Google announced the acquisition of Siemplify

Google announced the acquisition of Siemplify

Google announced that the company has acquired an Israeli cybersecurity startup, Siemplify to help companies to manage their threat response.

Erdem Yasar by Erdem Yasar
January 5, 2022
in Cybersecurity
2 min read
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Google announced the acquisition of Siemplify
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Tech giant, Google, announced the acquisition of Siemplify, an Israeli cybersecurity startup that focuses on security orchestration, automation, and response. According to the announcement, the startup shares a similar vision in this space with Google. By adding Siemplify to its portfolio, Google Cloud‘s security team will be able to help organizations to manage the threat responses better. Sunil Potti, Vice President and General Manager of Google Cloud Security announced the acquisition with a blog post and stated that the acquisition will allow Google to change the rules on how organizations hunt, detect, and respond to threats.

Security orchestration, automation, and response

Siemplify provides a platform that allows security teams to manage risk better and reduce the cost of addressing threats. It also helps analysts to manage operations from end-to-end, respond to threats quickly and precisely, and get smarter with analyst interactions. The solution also improves SOC performance reducing caseloads, raising analyst productivity, and creating better visibility across workflows.

Google stated that Siemplify’s services will be its foundation for the investments in SOAR capabilities and the team’s talent will lead the way. By integrating Siemplify’s capabilities into Chronicle, Google aims to help organizations to modernize and automate their security operations.

Amos Stern, CEO of Siemplify
Amos Stern, CEO of Siemplify

According to the various online news sources, the price of the acquisition is around $500 million. It is also the first time that Google acquires an Israeli cybersecurity company. The company has 200 employees working in Israel, the U.S., and London. With the acquisition, the Siemplify team will join Google and its co-founders will continue their roles in the company. Until the acquisition, the company has raised $58 million over four funding rounds. The company was founded in 2015 by Amos Stern (CEO), Alon Cohen (CTO), and Garry Fatakhov (COO). Amos Stern, CEO of Siemplify said,

« We’re excited to join Google Cloud and build on the success we’ve had in the market helping companies address growing security threats. Together with Chronicle’s rich security analytics and threat intelligence, we can truly help security professionals transform the security operations center to defend against today’s threats. »

See more Cyber Security News


Tags: GoogleSiemplify
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Erdem Yasar

Erdem Yasar

Erdem Yasar is a news editor at Cloud7 News. Erdem started his career by writing video game reviews in 2007 for PC World magazine while he was studying computer engineering. In the following years, he focused on software development with various programming languages. After his graduation, he continued to work as an editor for several major tech-related websites and magazines. During the 2010s, Erdem Yasar shifted his focus to cloud computing, hosting, and data centers as they were becoming more popular topics in the tech industry. Erdem Yasar also worked with various industry-leading tech companies as a content creator by writing blog posts and other articles. Prior to his role at Cloud7 News, Erdem was the managing editor of T3 Magazine.

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