Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Funding/M&A

SonicWall Buys Banyan Security for ZTNA Technology

SonicWall announces the acquisition of Banyan Security, a deal that adds zero-trust network access tooling to its product portfolio.

Network security appliance vendor SonicWall on Wednesday announced the acquisition of San Francisco startup Banyan Security, adding technology for zero-trust network access to its product portfolio.

Financial terms of the deal were not disclosed. 

Banyan Security, which raised a total of $47 million over two funding rounds, has built technology to help organizations to securely connects users to applications, resources and infrastructure.

The company’s flagship product promises to protect remote users from hacker attacks and empower corporate defenders to continuously evaluated and respond to real-time threats across hybrid, multi-cloud, and SaaS environments.

SonicWall, based in Silicon Valley, said the acquisition strengthens its portfolio to include SSE (secure service edge) and ZTNA (zero trust network access) technologies.

The company said the deal aligns with a “best of suite” strategy that includes network, endpoint, wireless, cloud email, and threat intelligence — under a single, multi-tenant portal. 

Advertisement. Scroll to continue reading.

The announcement follows SonicWall’s acquisition of Solutions Granted, a managed service security provider.  

Related: ZTNA Provider Banyan Security Raises $30 Million

Related: SonicWALL To be Acquired by Investor Group 

Related: SonicWall Says Internal Systems Targeted by Hackers

Written By

Ryan Naraine is Editor-at-Large at SecurityWeek and host of the popular Security Conversations podcast series. He is a security community engagement expert who has built programs at major global brands, including Intel Corp., Bishop Fox and GReAT. Ryan is a founding-director of the Security Tinkerers non-profit, an advisor to early-stage entrepreneurs, and a regular speaker at security conferences around the world.

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing for the latest cybersecurity threats, trends, and expert insights.

Trending

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

Join this live webinar as we break down why email-layer defenses alone can't keep pace with the modern phishing ecosystem, how agentic AI is changing the capacity equation for security teams, and more.

Register

This year's summit will help organizations learn how to utilize tools, controls, and design models needed to properly secure cloud environments. Interact with leading solution providers and other end users facing similar challenges in securing a variety of cloud deployments.

Register

People on the Move

Tracey Mustacchio has joined Everfox as Chief Marketing Officer.

Mark Carter has been appointed Chief Information Security Officer at Socure.

Spektrum Labs has named Mark Cravotta Chief Operating Officer.

More People On The Move

Expert Insights

Four decades of incident response experience suggest that exploits are often the symptom, not the root cause, of today’s cybersecurity failures.

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest cybersecurity news, threats, and expert insights. Unsubscribe at any time.