VMware to acquire network security startup, Lastline

VMware to acquire network security startup, Lastline

VMware confirmed that it is acquiring a network security startup, Lastline. The financial terms of the transactions were not disclosed.

Founded in 2011, San Fransisco based Lastline offers malware protection platform to detect and stop advanced persistent threats, zero-day exploits, and evasive malware. To date, the company has secured a total of $52.2M in six funding rounds, according to CrunchBase.

Executive Opinion

In a blogpost, Lastline’s Chief Executive Officer, John DiLullo, said, "By joining forces with VMware, we will be able to offer additional capabilities to our customers and bring to market comprehensive security solutions for the data center, branch office and remote and mobile users. In recent years, Lastline has enjoyed tremendous growth, acclaim for its AI-based threat detection capabilities, and most recently, recognition for pioneering successes with our Network Detection and Response (NDR) and Public Cloud security solutions"

VMware's Lastline acquisition

Lastline with Artificial Intelligence based threat detection capabilities, Network Detection and Response (NDR), and Public Cloud security solutions witnessed significant growth. The blog post noted that VMware will offer integrated security solutions for networking and security. Lastline capabilities will also enhance VMware's existing offerings in cloud, data center, end-user, and workload protection. 

The acquisition will further help strengthen VMware's intrinsic security of its virtualization platform. Lastline's team with network-focused anti-malware researchers, developers, and security experts will join VMware's NSX team, notes the announcement.

Lastline technology protects more than 20 million users across 1000’s of organizations worldwide. The acquisition is expected to close in Q2 FY21 ending July 31, 2020.
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Mandar is a seasoned software professional for more than a decade. He is Cloud, AI, IoT, Blockchain and Fintech enthusiast. He writes to benefit others from his experiences. His overall goal is to help people learn about the Cloud, AI, IoT, Blockchain and Fintech and the effects they will have economically and socially in the future.

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