Dataminr and ThreatConnect Join Forces for $290M
by Allison Francis, Channel Insider
Dataminr announced plans to acquire ThreatConnect, merging real-time event and risk intelligence with robust contextualization capabilities in one platform.
Dataminr is making a big move in the cybersecurity and AI space, announcing plans to acquire ThreatConnect for $290 million. The goal is to join Dataminr's AI platform for real-time event and risk detection with ThreatConnect's expertise in cyber threat intelligence and risk quantification.
The two platforms together are meant to give enterprises a clearer picture, mixing what's happening out in the world with what's happening inside their own systems, so the insights they act on are faster, more precise, and tuned to their reality.
Bringing intelligence into context
Dataminr's platform already taps into nearly a million public data sources, using both large language models and predictive AI to identify emerging risks, ranging from natural disasters and civil unrest to cyber vulnerabilities and data leaks.
With ThreatConnect, that intelligence will now be matched with an organization's internal context, helping security teams cut through the static and prioritize what matters most.
"By uniting our AI platform with the capabilities of ThreatConnect, Dataminr will fuse external public data signals and internal client data to pioneer the first-ever real-time Client-Tailored intelligence," said Ted Bailey, Founder and CEO, Dataminr. "The future of Dataminr's real-time intelligence will be more relevant and actionable than ever before — enabling our clients to not just understand what is happening, but what it means to them, and how they should respond."
ThreatConnect has built its reputation on helping enterprises and government agencies turn massive amounts of threat data into actionable insights — something more and more organizations are clamoring for.
"The world's leading enterprises rely on our platform to bring context, prioritization, speed, and precision to cyber defense," said Balaji Yelamanchili, CEO, ThreatConnect. "We are thrilled to join forces with Dataminr and combine our powerful platforms, creating new ways to deliver Client-Tailored intelligence and greater value to customers around the world."
Trusted by global enterprises
ThreatConnect's customer base includes 250 enterprise and government organizations, with users ranging from four of the five largest tech companies to major banks, global hotel groups, and national governments across the US, UK, and Australia.
Customers can expect continued support and ongoing development, with Dataminr pledging that its Pulse for Cyber Risk and ThreatConnect offerings will be integrated into a joint solution. This will mean stronger risk-based prioritization and quicker response times; a breath of fresh air for overburdened security teams.
Building resilience across industries
The acquisition also drew attention from partners and industry leaders.
"Resilient infrastructure is the foundation of progress. Today, that foundation is powered by intelligence and AI," said Jim Kavanaugh, CEO, World Wide Technology. "By unifying Dataminr's AI-powered real-time event, threat, and risk intelligence with ThreatConnect's robust contextualization and response capabilities, we will be positioned to help organizations move from reactive to proactive."