ThriveDX snaps up education platform provider Lucy Security

ThriveDX snaps up education platform provider Lucy Security

Posted on

Cybersecurity training company ThriveDX Digital Skills Training Ltd. today announced that it has acquired security education platform provider Lucy Security AG for an undisclosed price.

Founded in 2015, Lucy offers software that allows companies to take on the role of an attacker and uncover and close weaknesses in their technical infrastructure and staff. The platform offers more than 300 customizable training modules with support for 130 languages.

Lucy’s training can be on-premises or delivered via software as a service and can be integrated with shareable content object reference models, single sign-on and lightweight directory access protocols. Its information technology security awareness and phishing is pitched as transforming the ethical hacking experience of its founders into comprehensive training software that provides a 360° view of an organization’s IT security vulnerabilities from a human perspective.

The company says it’s supporting millions of users and hundreds of corporate customers worldwide, including Fortune 500 companies. Lucy has received several industry awards, including the Frost & Sullivan 2021 Global Competitive Strategy Leadership Award and the Cybersecurity Excellence Awards 2021 for Best Anti-Phishing and Best Security Education Platform.

“Lucy’s technology, team and customers are an amazing addition to the ThriveDX end-to-end cybersecurity training for enterprise,” Roy Zur, chief executive officer of ThriveDX, said in a statement.

The acquisition is ThriveDX’s third in recent times, with the company having previously acquired Cybint Solutions for $50 million as well as Kontra Security. Lucy is joining the ThriveDX SaaS division.

“By connecting our security awareness offering with other training solutions, we can provide the necessary resources, products, and services to achieve our common goal,” said Lucy Security founder Oliver Muenchow.

It’s not known if Lucy Security raised funding before its acquisition.

ThriveDX, founded in 1997 and previously known as HackerU, has raised $110 million in both venture capital and debt financing. Investors include Prytek and Liquidity.

Image: Lucy Security

Show your support for our mission by joining our Cube Club and Cube Event Community of experts. Join the community that includes Amazon Web Services and CEO Andy Jassy, Dell Technologies founder and CEO Michael Dell, Intel CEO Pat Gelsinger and many more luminaries and experts.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *