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Netwrix Acquires Remediant for PAM Expertise

By Ryan Naraine on December 28, 2022

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Knowledge safety software program vendor Netwrix has acquired Remediant, an early-stage startup engaged on know-how within the PAM (privileged entry administration) class.

Monetary phrases of the acquisition weren’t disclosed. 

Remediant, primarily based in San Francisco and backed by Dell Applied sciences Capital and ForgePoint Capital, raised $15 million in Sequence A enterprise capital funding in August 2019.

Remediant, based in 2015 by safety practitioners Paul Lanzi  and Tim Keeler, constructed a PAM software program product that provided steady scans for administrator accounts and custom-built know-how to guard them from misuse and abuse.

Remediat’s flagship SecureONE product handles privileged entry administration throughout Home windows, Linux and macOS methods and is positioned as a software to guard in opposition to lateral motion by routinely discovering and eradicating always-available admin entry.

Netwrix mentioned the acquisition would beef up its privileged entry administration (PAM) portfolio with instruments for just-in-time entry as a part of a zero standing privilege (ZSP) safety mannequin.  

The Texas-based Netwrix sells a variety of IT safety merchandise masking knowledge entry governance, ransomware safety, Lively Listing safety, and id and entry administration.

Netwrix claims a buyer base of greater than 13,000 firms starting from Airbus, Virgin and Allianz.

Associated: Privileged Entry Administration Supplier Remediant Raises $15 Million

Associated: ForgePoint Capital Pronounces $450 Million Cybersecurity Funding Fund 

Associated: Knowledge Safety Suppliers Netwrix and Stealthbits Merge

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