Cybersecurity firm Searchlight has completed the acquisition of Assetnote, a vulnerable information discovery platform.
Searchlight Cyber, a leading cybersecurity company, has announced its acquisition of Brisbane-based attack surface management (ASM) company Assetnote. This marks the first acquisition by Searchlight Cyber and a significant milestone in its growth journey.
The integration of Assetnote's ASM solution with Searchlight's dark web intelligence and monitoring capabilities aims to provide a more comprehensive cybersecurity solution to its customers. The combined platform will form a holistic continuous threat exposure management platform, enabling customers to zero in on the highest-priority threats and take action to prevent cyberattacks.
Michael Gianarakis, Assetnote's CEO, and Shubham Shah, its CTO, will spearhead the ASM side of the business and the engineering and research teams in Australia. Their expertise, industry-leading research, and impressive customer base bring value to Searchlight and its customers.
The acquisition considerably expands Searchlight's customer base and reach globally. Searchlight Cyber, known for providing visibility and context of attackers targeting organizations, is excited about the next chapter with Assetnote, citing similarities in culture, vision, and growth opportunities.
Following a strategic growth investment from Charlesbank Capital Partners in January 2024, Searchlight has added to its headcount and global network of partners. The company is now focusing its expansion on attack surface management (ASM).
In 2024, the company Tenable acquired the Brisbane-based attack surface management company Assetnote, and the founders Michael Gianarakis and Shubham Shah joined Tenable to lead and expand its attack surface management initiatives. However, the recent acquisition by Searchlight marks a return for the duo to their previous roles, leading Assetnote's growth and innovation in the cybersecurity industry.
The Assetnote team, including the founders, will join Searchlight. Assetnote's ASM technology identifies critical vulnerabilities in customers' infrastructure early on, providing improved cybersecurity measures for shared customers. The integration is expected to benefit these customers further.
The integration is a strategic move for Searchlight Cyber, aiming to provide its customers with a more comprehensive cybersecurity solution. The company is confident that this acquisition will strengthen its position in the market and better serve its customers in the face of growing cyber threats.
