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Sift Joins Netskope, the Cloud Security Leader

Four years ago, we started Sift with the mission of simplifying security operations and incident response for the public cloud. In that time, we have assembled a fantastic team, created an innovative cloud detection and response solution, and have worked with many market-leading customers. I’m delighted to share that we’ve taken yet another step forward — as announced today, Sift is now officially part of Netskope. You can read more about this on Netskope CEO Sanjay Beri’s blog or in the official announcement on the Netskope website.

For our customers, investors, partners, and team, this is an exciting new chapter. Let me tell you why we’re so excited.  Since the beginning, Netskope has had an unmatched vision for the cloud security market. Having started in 2012, they initially focused on SaaS security and quickly followed that with IaaS security capabilities. Six years later, they are now more than 500 employees strong and used by a quarter of the Fortune 100. They are a leader in the Gartner Magic Quadrant for cloud access security brokers (CASB) and recently announced  an extension of their platform to secure the entire web. The Netskope Security Cloud has won numerous awards, including for it’s market-leading data loss prevention and threat protection. Additionally, the Netskope “one cloud” architecture and philosophy is a key differentiator that benefits customers through time savings and greater security efficacy. In addition to the great fit from a leadership and technology point of view, Netskope and Sift are very well aligned from a company culture point of view — this was one of the most important things we looked at when we started talking about joining forces with Netskope.

The combination of Netskope and Sift creates the most complete solution for IaaS security in the market, and our customers will benefit from the following as a direct result of this move:
  • Resources: Unlike other vendors where cloud security is just a portion of what they do, we now have hundreds of people focusing solely on R&D and operations. In addition, Netskope has raised  more than $230M from top VCs, including Lightspeed Venture Partners, Accel, Iconiq, and Social Capital.
  • Visibility & control for IaaS: IaaS discovery, full configuration scanning and continuous assessment for AWS, Azure, and GCP. Full data loss prevention and advanced threat protection across IaaS storage environments (blob, S3 buckets, etc.)
  • Breach detection & response: Behavioral analytics for users, resources, network, and API activity combined with graphical investigation, hunting and automated response.
  • “One Cloud” architecture: Unlike other vendors who have multiple solutions that have been brought together, Netskope was built in the cloud since day one. The “one cloud” architecture means that you don’t have to perform multiple integrations or switch between different consoles to get SaaS, IaaS, and web security. Sift will be folded into the Netskope Security Cloud and part of the “one cloud” architecture.
In summary, the news today is a wonderful conclusion of our journey as Sift and the beginning of our next adventure as part of Netskope. The combined companies will provide customers with the most comprehensive and differentiated security cloud in the market. And we’re not stopping there — the innovation and strength in the market you’ll see from Netskope in the years ahead will continue to meet the demands of an enterprise being completely transformed by the cloud. I look forward to sharing more about those developments in the future as a Netskoper.

Finally, I want to sincerely thank the team and our partners, investors, and customers who have supported Sift so far and I echo Sanjay’s sentiments in expressing how delighted we are to be joining the Netskope family.

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