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Threat Monitoring Firm FYEO Announces Acquisition as It Emerges From Stealth

Threat monitoring and identity access management provider FYEO on Wednesday announced that it emerged from stealth mode with the acquisition of threat intelligence company Intelliagg.

Threat monitoring and identity access management provider FYEO on Wednesday announced that it emerged from stealth mode with the acquisition of threat intelligence company Intelliagg.

The company’s FEYO DI (Domain Intelligence) platform provides end-to-end protection and insights, advanced threat management, domain and credential monitoring, and reporting and benchmarking capabilities.

While in stealth mode, the company developed its platform for the B2B and the B2C markets. The company will deliver domain, credential, and threat monitoring as its primary B2B offering, along with password management and identity intelligence as its secondary offering, part of FYEO Identity, which is expected to become available in the second half of 2021.

Leveraging intelligent threat detection through the Intelliagg acquisition, FYEO taps into areas such as data loss, reputational damage, and targeted cybercrime, as well as incident response management.

The company has integrated Intelliagg’s IP and code base into its FYEO DI product to improve automated threat alerting.

FYEO was incubated by enterprise technology and cybersecurity consultancy BTblock.

“The close fit between the offerings of FYEO and Intelliagg substantially enhance our capabilities for current clients and is expected to drive greater enterprise adoption. Looking to the future, FYEO’s active database of over 20 billion leaked credentials and cracked passwords will provide immediate insight to businesses and complement our expanded threat monitoring services,” Brian Gale, FYEO CEO and BTblock co-founder, said.

Related: Cybersecurity M&A Roundup for June 14-20, 2021

Related: Cloud Application Security Firm Anjuna Raises $30 Million

Related: Splunk Gets $1 Billion Investment From Silver Lake

Related: Cybersecurity Training Company Immersive Labs Raises $75 Million

Written By

Ionut Arghire is an international correspondent for SecurityWeek.

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