Proofpoint Buys AI-Powered Data Protection Startup Dathena

Proofpoint has bought Dathena to assist organizations higher perceive info danger and eradicate information loss by way of synthetic intelligence-based information classification.

The Sunnyvale, California-based electronic mail safety supplier stated the acquisition of Singapore-based Dathena will assist organizations robotically uncover and classify information, in addition to higher perceive info danger. In line with Proofpoint, Dathena presents each industry-specific out-of-the-box fashions in addition to customized AI and machine studying powered information classification fashions.

“Integrating Dathena’s next-generation, multi-proprietary AI engine into our people-centric DLP [data loss prevention] The options will present our prospects with unsurpassed information safety and assist them meet their difficult inner and regulatory compliance necessities, “stated Proofpoint CEO Gary Steele in a press release.

[Related: Proofpoint Alleges Ex-Exec Took Trade Secrets To Abnormal Security]

Phrases of the acquisition weren’t disclosed and Proofpoint executives weren’t instantly accessible for additional remark. Dathena was based in 2016, employs 45 folks, and has raised $ 12 million in three rounds of exterior funding, in keeping with LinkedIn and Crunchbase. The corporate not too long ago closed a $ 12 million Sequence A spherical in Could 2020 led by Jungle Ventures.

“Proofpoint has firmly established itself as a frontrunner in DLP and becoming a member of them gives us with the proper alternative to satisfy our mission to guard the information and privateness of organizations all over the world,” stated Dathena Founder and CEO Christopher Muffat. , it is a assertion. “I’m extremely happy with what now we have achieved as a staff by way of our distinctive know-how and many inventions that allow higher information safety.”

The acquisition of Dathena will enable Proofpoint to completely migrate prospects from legacy DLP suites with data-at-rest necessities, in addition to prolong its present integration with Microsoft Data Safety. The settlement will increase Proofpoint’s presence and funding in Asia and reinforces the corporate’s dedication to innovation and development as a non-public entity.

Personal fairness agency Thoma Bravo took Proofpoint privately by way of a $ 12.3 billion acquisition in August 2021 in what’s at the moment the second-largest cybersecurity acquisition of all time. Proofpoint stated in February 2020 {that a} key factor of its development technique is creating a world buyer base and increasing our operations all over the world by including workers, places of work and shoppers in Europe and Asia.

Proofpoint stated its cloud-based DLP providing gives information and context visibility throughout a number of channels from a single console by leveraging automated content material classification that has been refined for almost 15 years. Information discovery and classification is essential to an efficient DLP technique in at this time’s hybrid world because of growing necessities for privateness, regulation and sharing of digital information, in keeping with Proofpoint.

“The information doesn’t lose itself. Folks lose information and organizations are more and more adopting information loss prevention methods to handle that danger, ”Steele stated in a press release. “Sadly, legacy merchandise fall quick in stopping, detecting and investigating information loss incidents in actual time or instantly after they happen.”

That is Proofpoint’s first deal because it was bought by Thoma Bravo, and it comes 11 months after Proofpoint bought the $ 62.5 million MSP InteliSecure information loss safety to assist prospects defend essential information in varied environments. In November 2019, the corporate acquired insider menace administration platform supplier ObserveIT for $ 225 million to raised defend information in electronic mail, cloud, and endpoint.

Six months previous to that, Proofpoint bought Meta Networks for $ 120 million to raised defend folks, functions, and information as they transfer past the standard perimeter. The corporate additionally purchased browser isolation startup in November 2017 for $ 60 million, in addition to phishing simulation and coaching supplier Wombat Safety Applied sciences in February 2018 for $ 225 million.

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