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AWS Reportedly Eyeing Deal for Big Data Startup SqrrlAWS Reportedly Eyeing Deal for Big Data Startup Sqrrl

AWS is reportedly eyeing a $40 million deal for Sqrrl, a big data startup that could help the cloud provider add more security.

Scott Ferguson

December 19, 2017

3 Min Read
AWS Reportedly Eyeing Deal for Big Data Startup Sqrrl

Amazon Web Services is reportedly eyeing a deal to acquire Sqrrl, a big data analytics startup that could help the cloud provider add an additional layer of security to its public cloud.

The deal, which is reportedly worth more than $40 million, was first reported by Axios on December 17. However, neither company responded to calls for comment.

An Amazon Web Services Inc. spokesman did not return an email Monday from Enterprise Cloud News seeking additional comment.

Figure 1: (Source: ECN) (Source: ECN)

Sqrrl, which is based in Cambridge, Mass., was founded in 2012 and has been developing big data analytics to help detect, investigate and visualize a host of different security threats. The company's platform helps to automatically detect patterns in the data and through its visualization tool, allows companies to assess the threat and take action.

The company's founders previously worked for the NSA, according to Axios.

Since its founding, Sqrrl has managed to raise about $26.5 million in funding, according to CrunchBase.

While AWS is considered the leading provider of public cloud services, dwarfing its nearest rivals Microsoft Azure and Google Cloud , the company continues to add features into its platform.

Specifically, AWS has been adding layers of security to the cloud. The latest addition is GuardDuty, which analyzes API calls and network activity across accounts to establish a baseline of so-called "normal" account activity. (See AWS GuardDuty Looks to Lock Down Cloud Security .)

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With features such as GuardDuty, as well as the possible acquisition of Sqrrl, AWS is looking to use technologies such as automation, machine learning, as well as analytics, to add security to its cloud, as well as a layer of automation that will take some of the cybersecurity out of the hands of customers.

In a recent report, NSS Labs found that cloud security is a shared responsibility between the cloud provider and the customer, but, at the end of the day, it's the enterprise that is ultimately responsible for securing the data of its own customers. (See Cloud Security Is an Enterprise Responsibility – Report.)

The benefit to what AWS is doing is that it shoulders a greater deal of that responsibility within its own cloud infrastructure.

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— Scott Ferguson, Editor, Enterprise Cloud News. Follow him on Twitter @sferguson_LR.

About the Author(s)

Scott Ferguson

Managing Editor, Light Reading

Prior to joining Enterprise Cloud News, he was director of audience development for InformationWeek, where he oversaw the publications' newsletters, editorial content, email and content marketing initiatives. Before that, he served as editor-in-chief of eWEEK, overseeing both the website and the print edition of the magazine. For more than a decade, Scott has covered the IT enterprise industry with a focus on cloud computing, datacenter technologies, virtualization, IoT and microprocessors, as well as PCs and mobile. Before covering tech, he was a staff writer at the Asbury Park Press and the Herald News, both located in New Jersey. Scott has degrees in journalism and history from William Paterson University, and is based in Greater New York.

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