ObserveIT

Insider Threat Detection and Mitigation Solutions

Cyber Security
Acquired (Inactive) by Proofpoint on Nov 2019 - closed due to acquisition

Company Overview

Snapshot

Founded in February 2006 by Gabriel Friedlander, Avi Amos, and Avi Weiss, ObserveIT operated with 11–50 employees. The company raised a total of $53 million across two funding rounds from three investors. ObserveIT was acquired by Proofpoint in November 2019.

Business overview

ObserveIT specializes in insider threat detection and mitigation, offering an endpoint solution designed to identify and eliminate risks from malicious and negligent user behavior by employees, privileged users, and third parties. Its core technology provides detection and prevention capabilities, enabling proactive defense against security incidents. The company serves a wide range of industries globally, focusing on enterprises, government, and healthcare providers within the Cyber Security sector, particularly in Network & Infrastructure Security and Endpoint Security.

Strategic signal

In November 2019, ObserveIT was acquired by Proofpoint for $225 million. This acquisition signals a strategic consolidation within the cybersecurity market, with Proofpoint integrating ObserveIT's insider threat detection capabilities to enhance its security offerings. For investors, this demonstrates the high value placed on specialized cybersecurity solutions that address critical enterprise vulnerabilities, particularly in user behavior analytics and data protection.

Company Intelligence Q&A

What is ObserveIT's primary focus?
ObserveIT focuses on insider threat detection and mitigation, providing solutions to identify and prevent security risks stemming from user behavior within organizations.
When was ObserveIT acquired and by whom?
ObserveIT was acquired by Proofpoint in November 2019 for $225 million.
Who are the founders of ObserveIT?
ObserveIT was founded by Gabriel Friedlander, Avi Amos, and Avi Weiss.
What was the total capital raised by ObserveIT?
ObserveIT raised a total of $53 million across two funding rounds.
Which investors participated in ObserveIT's funding rounds?
ObserveIT received funding from investors including Bain Capital Ventures and Spring Lake Equity Partners

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