Networking giant Cisco said Friday that it has agreed to acquire Kenna Security, a privately held cybersecurity company focused on vulnerability management technology.
Santa Clara, Calif.-based Kenna provides a risk-based vulnerability management platform that helps organizations identify and determine which vulnerabilities pose the highest risk so that security teams don’t waste valuable time on weaknesses that are unlikely to be exploited.
Cisco told SecurityWeek that the terms of the acquisition were not being disclosed.
Kenna has raised more than $98 million in funding.The company was oringinally founded as Risk I/O and rebranded as Kenna Security in August 2015.
Cisco said Kenna’s technology, which integrates with all major industry vulnerability assessment platforms, will be integrated into Cisco’s SecureX platform to help customers respond quickly and automate the decision making process with tailored information.
“Hybrid work is here to stay, and the increasing complexity of cybersecurity is our customers’ biggest challenge. We must radically simplify security to stay ahead of the evolving threat landscape,” said Jeetu Patel, senior vice president and general manager, Cisco Security and Collaboration. “Our goal is to unify all critical control points into a single platform. With the addition of Kenna Security, we will fundamentally strengthen our platform experience by giving customers the ability to prioritize vulnerabilities based on a robust risk methodology that is tuned to their unique needs.”
Kenna investors include Sorenson Capital, Citi Ventures, Bessemer Venture Partners, U.S. Venture Partners, Costanoa Ventures, Hyde Park Angels and OurCrowd.
The acquisition is expected to close in Cisco’s fourth quarter of fiscal 2021.