Dataminr set to acquire ThreatConnect for $290 million

Dataminr set to acquire ThreatConnect for $290 million

Dataminr has announced its intent to acquire ThreatConnect, an intelligence management platform for contextualising and prioritising threats across internal client data environments.

According to the company, the transaction values ThreatConnect at $290 million. 

Dataminr says that the fusion of its AI platform for public data signals with ThreatConnect’s deep internal data capabilities will create an Agentic AI-powered Client-Tailored intelligence.

Dataminr’s AI Agents will dynamically reason across both the internal and external data domains to deliver real-time intelligence that is context-aware, personalised and automatically adapts to the unique needs of individual customers. 

“Real-time intelligence”

“We are thrilled to be joining forces with ThreatConnect’s amazing 170-person mission-oriented team that shares in our passion for delivering customer value through rapid AI innovation,” said Ted Bailey, Founder and CEO of Dataminr.

“By uniting our AI platform with the capabilities of ThreatConnect, Dataminr will fuse external public data signals and internal client data to pioneer the first-ever real-time Client-Tailored intelligence.

“The future of Dataminr’s real-time intelligence will be more relevant and actionable than ever before – enabling our clients to not just understand what is happening, but what it means to them and how they should respond.” 

Corporate security

Dataminr highlights that, relied on by 250 enterprise and government organisations, including one-third of the Fortune 50, ThreatConnect’s customers leverage the platform to prioritise emerging threats and automate response.

The ThreatConnect platform is trusted by four of the five largest tech companies in the world and enterprises including Natwest, Nike, Wells Fargo, Wyndham Hotels and Genuine Parts Corporation, as well as government agencies in the US, UK, Australia and more. 

“ThreatConnect has spent years helping enterprises and government cyber-defence organisations bring order to vast amounts of threat and risk intelligence,” said Balaji Yelamanchili, CEO of ThreatConnect.

“The world’s leading enterprises rely on our platform to bring context, prioritisation, speed and precision to cyber-defence.

“We are thrilled to join forces with Dataminr and combine our powerful platforms, creating new ways to deliver Client-Tailored intelligence and greater value to customers around the world.” 

Dataminr Pulse for Cyber Risk and ThreatConnect will become a joint offering to empower cyber customers with enhanced Client-Tailored AI-powered threat intelligence and risk-based prioritisation.

Beyond cybersecurity, Dataminr will leverage ThreatConnect’s core platform capabilities and deep expertise to accelerate internal client data fusion from a broader ecosystem of additional partner and client data environments that span the physical, digital and cyber domains.

Existing ThreatConnect customers can expect continued support and development.

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