NetSPI acquires Hubble to bolster cyber security offerings
American cybersecurity company NetSPI has expanded its proactive security offerings with the acquisition of Hubble Technology for an undisclosed sum.
Hubble specialising in cyber asset attack surface management (CAASM) and cybersecurity posture management solutions.
Hubble’s CAASM platform is designed to help organisations discover new assets and associated risks, address security control gaps, and achieve a comprehensive view of their security posture.
The platform maintains an inventory of cyber assets, encompassing both external and internal components.
Founded in 2020, Hubble has received backing from investors such as Accel, CrowdStrike Falcon Fund, and Paladin Capital.
With this acquisition, NetSPI will integrate external attack surface management (EASM) and CAASM capabilities into The NetSPI Platform.
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This integration will facilitate the discovery, prioritisation, and remediation of vulnerabilities across an organisation’s entire IT asset landscape, including cloud services, bring-your-own-device, and industrial control systems.
Additionally, it is expected to improve NetSPI’s ability to prioritise risks related to assets and vulnerabilities within customer networks, aiding in the protection of critical assets.
Under the agreement, Hubble’s founder Tom Parker will take on the role of chief technology officer at NetSPI.
In his new position, Parker will focus on driving business growth through innovation in NetSPI’s proactive security solutions.
He will also collaborate with customers to navigate the evolving technology and threat landscapes.
NetSPI CEO Aaron Shilts said: “This acquisition is one of the most notable milestones on our journey from point-in-time pentesting [cyber penetration testing] to technology-enabled proactive security. With Hubble’s CAASM solution, we can provide comprehensive, 360-degree visibility while delivering telemetry and insights across the entire IT estate.”
Parker added: “The security industry notoriously creates siloed solutions that only address a small part of the problem. That’s not the case with NetSPI. For the first time, with the introduction of CAASM, security leaders will have a holistic end-to-end view of their security posture in a single platform.”
NetSPI’s move follows a $410m investment it received in October 2022 from private equity major KKR.
