Founder, Chairman & Chief Executive Officer
CipherCloud has been acquired by Lookout, Inc., a leading provider of cybersecurity solutions. The combination will create the industry’s first company capable of providing an integrated endpoint-to-cloud security solution.
By combining the CipherCloud Secure Access Service Edge (SASE) technologies with Lookout Endpoint Security, we are in a unique position to deliver an end-to-end platform that secures an organization’s entire data path from endpoint to cloud. We will empower customers with a single source of unified policies and end-to-end security to accelerate their digital transformation.
The need for an integrated endpoint-to-cloud security solution is accelerated by several factors including the proliferation of remote users, the adoption of cloud applications, data transitioning out of the corporate data center into the cloud, and more network traffic flowing to public cloud services. To tackle the security challenges posed by these unstoppable trends, businesses need a unified platform that can track activity and enforce policies across the entire data path – from the endpoint device to the cloud-based application. With the signals and control points needed to stop zero-day attacks scattered across the entire end-to-end path, only a fully integrated solution can close the gaps exposed by multiple point products sourced from separate security vendors.
As Jim Dolce, CEO of Lookout, highlights in his blog announcing this acquisition, Gartner forecasts that over the next five years, the SASE market will grow at a CAGR of 42%, reaching almost $11 billion by 2024. Approaching this opportunity in the most strategic, relevant and highly differentiated manner yet conceived – enabling Zero Trust practices from the device to the cloud, and across all of hybrid IT infrastructure – offers an exciting vision for the future of both of our respective companies.
As a pioneer of the Cloud Access Security Broker (CASB) market, CipherCloud has enabled organizations around the world to achieve their digital transformation. Today, we take the exciting next step on the road to SASE by integrating our strengths with those of the Lookout Mobile Endpoint Security to deliver endpoint-to-cloud security for the modern workforce.
For our CipherCloud customers and partners, this represents a tremendous opportunity to continue and extend our relationships as we all strive to adopt SASE methodology and practices. We are grateful for your support, and can’t wait to evolve our work together.
As I survey the combined entity of Lookout and CipherCloud, I am amazed by the numerous core synergies and complementary elements that will come together to form a company ideally positioned to serve customer needs and drive continued innovation.
To every CipherCloud employee who has contributed to this journey and who will continue to participate in this incredible experience together, I want to thank you personally. Every company is a team working together toward a common goal. It is through your contributions that we have achieved this amazing outcome. Our next chapter together will be the most exciting yet to be written.
Lookout, here we come!
Click here to read the acquisition news release.
On March 24, 2021 at 11:30 AM EDT, Aaron Cockerill, Lookout Chief Strategy Officer, and Sundaram Lakshmanan, Chief Technology Officer, SASE Products, will present the integration strategy. Click here to register.
OR CALL 1-855-524-7437