SentinelOne To Buy PingSafe To ‘Redefine Cloud Security’

'PingSafe will enable us to provide a compelling and cost-effective alternative to stand-alone CNAPP offerings unlike anything else in the market and a superior, more integrated user experience,' says SentinelOne CTO Ric Smith.

Cybersecurity all-star SentinelOne plans to acquire application protection specialist PingSafe in a move to become a market leader in cloud security with plans to inject PingSafe technology inside SentinelOne’s Singularity Platform.

“With the addition of PingSafe, we intend to redefine cloud security by fusing best-of-breed cloud workload protection, AI and analytics capabilities with a modern and comprehensive CNAPP [cloud- native application protection platform],” said Ric Smith, SentinelOne’s chief product and technology officer, in a statement.

Smith said this new approach to cloud security will eliminate the need for companies to “navigate the complexity of multiple point solutions, triage and investigate with incomplete context, or pipe data between disparate data silos.”

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“Instead, they can comprehensively manage their entire attack surface from a single platform that—unlike legacy CNAPPs and stand-alone providers—delivers the full context, real-time interaction and analytics needed to correlate, detect and stop multistage attacks in a simple, automated way,” Smith said.

SentinelOne will acquire PingSafe for a combination of cash and stock.

Financial details of the deal were not disclosed.

SentinelOne’s Acquisition Plans For PingSafe

PingSafe’s CNAPP will be integrated into SentinelOne’s Singularity Platform to create a unified security platform with advanced AI-powered security operations to protect enterprises across endpoints, identities and clouds.

The acquisition will bring PingSafe’s CNAPP together with SentinelOne’s cloud workload security and cloud data security capabilities. PingSafe’s CNAPP delivers real-time monitoring of multi-cloud workloads, simple setup and configuration, and low false positive rates.

The goal is to provide customers with a fully integrated platform that drives better coverage, hygiene and automation across their entire cloud footprint.

“Combined with our Singularity Data Lake, Purple AI, endpoint security and identity security capabilities, PingSafe will enable us to provide a compelling and cost-effective alternative to stand-alone CNAPP offerings unlike anything else in the market and a superior, more integrated user experience,” Smith said.

PingSafe CEO: We Will ‘Supercharge Cloud Security’

Anand Prakash, PingSafe’s founder and CEO, said his company shares a common mission with SentinelOne better to secure the cloud and make the internet a safer place

“The combination of our cutting-edge CNAPP capabilities with SentinelOne’s market-leading AI security platform will supercharge cloud security by providing world-class protection for multi-cloud infrastructure from development to deployment,” said Prakash.

The combined PingSafe and SentinelOne will provide differentiated capabilities such as advanced secrets scanning of runtime and build-time environments and an attack surface management rules engine that runs breach and attack simulation scenarios against internet-exposed cloud assets to identify how an adversary could compromise those assets, the companies said.

“Cloud security is broken and outdated,” said SentinelOne’s Smith.

“With the PingSafe acquisition, SentinelOne expands our cloud security capabilities to include Cloud Security Posture Management, Container Image Vulnerability Management, Kubernetes Security Posture Management and Infrastructure as Code security,” he said. “We are very excited by what we can achieve together.”

The acquisition is expected to close during SentinelOne’s first quarter fiscal year 2025.