Darktrace acquisition news – Cybersecurity Firm Darktrace to Acquire Cado Security

Cado Security delivers broad support across multi-cloud, container, serverless, SaaS, and on-premises environments, eliminating blind spots in incident response. The acquisition is subject to receipt of regulatory approval and is expected to complete in February.

A leader in cloud data capture and forensics, Cado examines the intricacies of nearly any system, capturing a snapshot of data stored on the device and then conducting forensic investigations to uncover signs of compromise or threats.

It intends to accelerate the growth of Cado’s existing products through investment while also combining Cado’s forensic investigation technology with it’s existing ActiveAI Security Platform™, enhancing data collection across multiple cloud environments to better defend customers’ operations.

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This richer data set can also enable significant augmentation to it’s Cyber AI Analyst™ which investigates alerts, streamlines investigations and prioritizes incidents, reducing workload and alert fatigue for customers’ cyber teams.

The proposed acquisition represents Darktrace’s continued investment in its cloud capabilities, following the successful launch of Darktrace / CLOUD™ for AWS in October 2023 and its expansion to Microsoft Azure in October 2024. Cloud security is becoming increasingly crucial in supporting customers’ cyber resilience in an AI age as companies migrate their data to cloud platforms as well as relying on cloud-based SaaS services for essential business operations.

It’s threat research identifies cloud and SaaS platforms as a common entry point for cybercriminals to attempt access to customers’ networks[1]. This, together with research from the 2024 Darktrace State of AI Cybersecurity report where security leaders identified cloud security as the top area where defensive AI could have the greatest impact[2], highlights the need for cloud-native AI-powered cybersecurity solutions.

This announcement follows it’s acquisition by Thoma Bravo in October 2024 and highlights both Darktrace and Thoma Bravo’s commitment to accelerating Darktrace's growth through the development of AI-augmented cyber solutions for its customers, including through the expansion of Darktrace’s research and development capabilities to continue to drive product innovation for an evolving cyber threat landscape.

Cado’s R&D teams in London and Bristol will work alongside Darktrace’s established R&D centers in Cambridge, UK and The Hague, Netherlands to drive further innovation in Darktrace’s Cloud Detection and Response capabilities.

Jill Popelka, Darktrace Chief Executive Officer commented: "At Darktrace, we have a clear and ambitious strategy: to develop best-in-class cybersecurity solutions for our customers that keep them safe through continuous innovation. The addition of Cado’s deep expertise in cloud-based data collection and forensics will enhance our ability to protect customers, ensuring they can operate securely and confidently across all areas of their business. Together, Darktrace and Cado will help customers quickly and effectively prevent and deter cyber threats, maintaining resilience in a fast-evolving threat landscape.”

Cado Security Co-Founder and CEO, James Campbell, commented: “Darktrace is an excellent fit for Cado, providing an opportunity for growth and innovation while allowing our team to advance their careers within a dynamic company deeply committed to R&D and to protecting its customers from growing cyber threats. Our technologies build on each other’s strengths, and we are incredibly excited to work with the Darktrace team to continue to elevate AI-driven cybersecurity capabilities for our combined global customer base.”

About Cado Security

Cado Security is the provider of the first investigation and response automation platform focused on revolutionizing incident response for the hybrid world. Cado significantly reduces response times by automating the capture, processing, and analysis of data residing in cloud, container, serverless, SaaS, and on-premises environments.

About Darktrace

Darktrace is a global leader in AI for cybersecurity that keeps organizations ahead of the changing threat landscape every day. Founded in 2013, it provides the essential cybersecurity platform protecting organizations from unknown threats using its proprietary AI that learns from the unique patterns of life for each customer in real-time.