Zscaler, Inc. announced it has signed a
definitive agreement to acquire Red Canary, a recognized leader in Managed
Detection and Response (MDR). With over 10 years of expertise in security
operations (SecOps), Red Canary has enabled its extensive customer base to
investigate threats up to 10 times faster1 with 99.6% accuracy,
while streamlining workflows through automated remediation. Combined with
Zscaler's massive amounts of high-quality data-derived from the world's largest
security cloud-and global intelligence from its ThreatLabz Security Research
team, the combination will deliver a unified, agentic Security Operations
Center (SOC) that combines AI-driven workflows with human expertise. These
complementary capabilities will redefine how businesses detect, respond to, and
mitigate modern cyber threats.
"With our
innovative AI-powered risk management services like Risk360 and the acquired
data fabric technology from Avalor, we are disrupting legacy security
operations just like we did with our Zero Trust Exchange
platform," said Jay Chaudhry, CEO, Chairman, and Founder of Zscaler. "The
proposed acquisition of Red Canary is a natural expansion of our capabilities
into managed detection and response and threat intelligence to accelerate our
vision of AI-powered SOC of the future. By integrating Red Canary with Zscaler,
we will deliver to our customers the power of a fully integrated Zero Trust
platform and AI-powered security operations."
Protecting
nearly 45% of the Fortune 500 organizations, Zscaler has established over 15
years of leadership operating the world's largest cloud security platform which
processes over 500 billion daily transactions. It has leveraged its massive,
high-quality data lake to accelerate the development of advanced AI-driven
solutions, like Zscaler Digital Experience (ZDX) and Zscaler Exposure
Management. A proven innovator in MDR, Red Canary has been recognized as a
Leader in the Forrester Wave: Managed Detection and Response for the third
consecutive year and featured in the Gartner Market Guide for MDR for the
seventh year in a row. Within the SOC, Red Canary plays a crucial role by
helping security teams automate remediation workflows, resulting in greater efficiency
and improved security outcomes.
By bringing
together Zscaler's AI-powered Zero Trust platform with Red Canary's domain
expertise in threat detection and response-spanning endpoints, identity,
network, and cloud workloads-this transaction is uniquely positioned to address
the operator pain points that often lead to missed signals, incomplete threat
analysis, and increased vulnerability to undetected threats. The integration of
Zscaler and Red Canary will better enable security teams to detect, triage,
investigate, and respond to threats with greater speed and efficiency, helping
organizations confidently and precisely tackle modern security challenges.
"For over 10
years, we've protected our customers by combining high-fidelity signals with
agentic AI, behavioral analytics, and global threat intelligence-delivering
fast, accurate, and high-quality threat detection and response," said Brian
Beyer, CEO of Red Canary. "As part of Zscaler, we will elevate how IT and
security teams address the rapidly shifting threat landscape with the strength
of our combined technology and expertise. Zscaler's global scale and reach
provide the resources and granular data needed to fuel advanced AI, threat
intelligence, and detection engineering, giving us a broader view of adversary
behavior while enabling faster innovation across the board. Both companies
share a relentless commitment to quality, execution, and delivering exceptional
outcomes for our customers."
The
acquisition is subject to customary closing conditions, including regulatory
approvals, and is expected to close in August 2025.