Exabeam, which delivers AI and automation for accelerated TDIR (threat detection, investigation and response), and LogRhythm, which offers high-integrity, trusted data ingestion, announced the successful completion of their merger.
This merger combines technological innovation with reliable data to create an AI-driven security operations platform that extends SIEM(security information and event management) and UEBA (user and entity behavior analytics).
The joint company plans to create a best-of-breed cybersecurity vendor that is focused on empowering security analysts, security engineers and CISOs, providing the tools, intelligence and guidance needed to safeguard organizations against cyberthreats. The company will retain the Exabeam name, refreshing the visual brand to represent both companies.
Exabeam also unveiled its product roadmap and strategy, highlighting the cloud-native AI-driven Exabeam security operations platform that will serve as the foundation of its future product offerings. On-premise LogRhythm SIEM customers will benefit from analytics via the Exabeam platform to combat sophisticated and credential-based attacks. By integrating AI-driven automation with data, this strategy aims to streamline security operations and accelerate TDIR, empowering security teams to focus on effectively mitigating threats.
The joint company’s new leadership team will be composed of execs from both companies, including:
- Christopher O’Malley – CEO
- Steve Wilson – chief product officer
- Kevin Kirkwood – CISO
- Allwyn “Olly” Lobo – CDO (cloud-native SIEM)
- David Rizzo – CDO (self-managed SIEM)
- Barry Capoot – CFO
- Joanne Wong – CMO
- Matt Sarafian – chief people officer
- Chris Cesio – CRO
- Peter Harteveld – chief value creation officer
“We are on the brink of a revolutionary shift in cybersecurity. By merging cutting-edge, AI-driven technology from Exabeam with the unmatched data integrity of LogRhythm, we are setting a new, unparalleled standard for security operations,” said O’Malley. “Together, our combined expertise, innovation velocity and vision will propel AI-driven cybersecurity solutions to new heights. Unlike the tech conglomerates that have left customers exposed in the critical battle against cyberattacks, our unwavering focus remains on empowering the true heroes of security. ‘Good enough’ is not enough in the mission-critical matter of security operations. Today, we are proud to deliver a best-of-breed SIEM and UEBA experience purposefully and tenaciously focused on customer success.”
“Our team is stacked with expertise from both organizations that will accelerate our ability to deliver customer value. The Exabeam security operations platform offers a comprehensive, foundational solution adaptable to any business – whether leveraging cloud infrastructure, adopting a hybrid model, or staying on-premises,” said Wilson. “By augmenting LogRhythm SIEM with Exabeam’s New-Scale AI-driven features, including UEBA and Exabeam Copilot, we will offer incredible new value to existing LogRhythm customers. New and existing Exabeam customers alike can look forward to continued innovation as we optimize our product, training, and service synergies. Together, our team will continue to address the ever-advancing threats created by the introduction of AI and empower our customers’ security operations teams to be more efficient and effective.”
Click here for information on Exabeam’s partner program.
