Demisto

Company Overview

Snapshot

Founded in July 2015 by Slavik Markovich, Guy Rinat, Rishi Bhargava, and Dan Sarel, Demisto operates with 51–200 employees. The company raised a total of $69 million across 3 funding rounds from 9 investors. In February 2019, Demisto was acquired by Palo Alto Networks.

Business overview

Demisto develops Demisto Enterprise, a comprehensive security operations platform. This platform integrates security orchestration, incident management, machine learning for analyst activities, and interactive investigation. Its orchestration engine automates security product tasks and incorporates human analyst workflows, enabling security teams to reduce mean time to response, establish consistent incident management processes, and enhance analyst productivity. The company operates within the Cyber Security sector, serving markets in Germany, the United Kingdom, and the United States.

Strategic signal

In November 2019, ARIA Cybersecurity Solutions integrated with Demisto Enterprise to automate threat containment. This collaboration highlights Demisto's continued relevance and integration capabilities within the cybersecurity ecosystem, even after its acquisition, signaling ongoing strategic value and product adoption for its platform.

Company Intelligence Q&A

What is Demisto's primary offering?

Demisto's primary offering is Demisto Enterprise, a security operations platform that combines security orchestration, incident management, machine learning, and interactive investigation to enhance security team efficiency.

When was Demisto acquired and by whom?

Demisto was acquired by Palo Alto Networks in February 2019.

Which investors participated in Demisto's Series C funding round?

In October 2018, Demisto secured Series C financing from investors including Accel and Greylock.

What recognition did Demisto receive from Gartner?

In May 2018, Demisto was named a Cool Vendor by Gartner in Security Operations and Vulnerability Management.

What was a key product development for Demisto in 2017?

In June 2017, Demisto introduced a machine learning incident response platform, aiming to transform data with intelligence.