outSOC, a channel exclusive, white-label, SaaS security platform, announced its public launch and the acquisition of SIEMPlexus Technology.
The amount of the deal was not disclosed.
Led by cybersecurity veteran Richard Dobrow and entrepreneur Patrick Linton, outSOC has been operating in stealth mode inviting key customers on to their beta. The purchase of SIEMPlexus signifies the public release of the platform and the next phase of the SaaS company’s growth.
Founded in 2017 by Rick Westmoreland and Shueib Sayyed, SIEMPlexus gained significant traction by partnering with managed services providers in Asia. These partnerships, which will now be managed by outSOC, serve over 50 enterprises, including financial institutions, government, e-commerce, and fintech organizations. Following the completion of the transaction, Rick Westmoreland will assume the role of Vice President, Technology for outSOC, and Shueib Sayyed the position of Vice President, Security Services. Other key personnel that will take senior leadership roles at outSOC include Isaac Sabas, the Founder of Pandora Labs who will now serve as the Vice President of Product Development and Tara Tate, previously the CISO of BAE Systems Applied Intelligence who will now assume the CISO role for outSOC.
FinSMEs
12/03/2020