Siemplify

Company Overview

Snapshot

Founded in January 2015 by Amos Stern, Garry Fatakhov, and Alon Cohen, Siemplify operated with 11–50 employees. The company raised $58 million across 4 funding rounds from 11 investors before being acquired by Google in January 2022.

Business overview

Siemplify provides a holistic security operations platform designed to enhance the efficiency and speed of security analysts. Its core technology combines security orchestration and automation with patented contextual investigation and case management, delivering intuitive and consistent security operations processes. The company serves enterprises and managed security service providers, helping them improve their security operations centers by automating repetitive tasks and integrating disparate security technologies within the Cyber Security sector.

Strategic signal

In January 2022, Google confirmed its acquisition of Siemplify, reportedly for $500 million, integrating it into Google Cloud's Chronicle. This acquisition signals Google's strategic move to bolster its cybersecurity offerings and enhance its cloud security analytics platform, indicating a significant consolidation within the cybersecurity market and a validation of Siemplify's technology.

Company Intelligence Q&A

When was Siemplify acquired and by whom?

Siemplify was acquired by Google in January 2022, becoming part of Google Cloud's Chronicle.

What was a key partnership for Siemplify in 2020?

In September 2020, Siemplify partnered with Check Point Software to improve incident response times.

What significant product integration did Siemplify announce in 2020?

In February 2020, Siemplify announced an integration with Chronicle's Security Analytics Platform.

What was a significant operational milestone for Siemplify in 2019?

In January 2019, Siemplify reported record growth in bookings and customer numbers.