Netwrix merges with Stealthbits. iboss secures $145 million in funding. A look at the future of the cyber insurance industry.>
The Cyber Wire
Irvine, California-based data security company Netwrix has merged with New Jersey-headquartered data access governance provider Stealthbits. Netwrix’s press release states, “The combined entity will continue to offer its complete portfolio of more than a half dozen security solutions aimed at identifying and detecting data security risk as well as protecting, responding and recovering from cybersecurity attacks….With over 500 employees and customers from more than 50 countries, the combined company will operate as Netwrix with Steve Dickson continuing to serve as its chief executive officer and on the company’s Board of Directors. Steve Cochran, founder and chairman of Stealthbits, will be an investor in Netwrix and will serve on its Board of Directors.” The company adds, “For the foreseeable future, customers, prospects and partners of each company will continue to interact with each company as they do today for sales, support and partner activity.”
Link: https://thecyberwire.com/newsletters/business-briefing/3/1