In a strategic move to bolster its cybersecurity capabilities, CrowdStrike (NASDAQ: CRWD) has announced its intent to acquire Onum, a Spanish startup specializing in real-time telemetry pipeline management. This acquisition aims to enhance CrowdStrike’s Falcon Next-Gen Security Information and Event Management (SIEM) platform by integrating Onum’s advanced data processing technologies.
Addressing the Data Deluge in Cybersecurity
Modern security operations centers (SOCs) are inundated with vast amounts of security and IT telemetry data. Traditional SIEM systems, which rely on batch processing and post-storage analysis, often struggle to manage this data efficiently. This inefficiency can lead to delayed threat detection and increased operational costs. Onum’s technology offers a solution by processing data in motion, transforming raw telemetry into actionable intelligence almost instantaneously.
Onum’s Technological Edge
Founded in 2022 by Pedro Castillo, former CEO of Devo, and Lucas Varela, a former cybersecurity leader at CaixaBank, Onum has rapidly emerged as a leader in real-time telemetry pipeline management. The company’s platform is built on a proprietary stateless, in-memory architecture, enabling it to process up to five times more events per second than its closest competitors. This real-time processing capability allows for immediate threat detection and response, a critical advantage in the fast-paced cybersecurity landscape.
Enhancing Falcon Next-Gen SIEM
By integrating Onum’s technology, CrowdStrike aims to transform its Falcon Next-Gen SIEM into a more robust and efficient platform. The key benefits of this integration include:
– Speed: Onum’s platform processes security and observability data in real-time, eliminating the delays associated with traditional batch processing methods.
– Cost Efficiency: Intelligent filtering and optimization reduce data storage costs by up to 50%, addressing the financial challenges posed by the exponential growth of telemetry data.
– Improved Outcomes: Real-time pipeline detection enables up to 70% faster incident response with 40% less ingestion overhead, enhancing the overall effectiveness of security operations.
Simplifying Data Migration
Migrating data into a new SIEM system has traditionally been a complex and time-consuming process, often requiring third-party tools and significant effort. The acquisition of Onum is set to eliminate these migration bottlenecks by enabling native data streaming and in-pipeline detection within the Falcon platform. This integration will allow security teams to build data pipelines effortlessly and apply AI-powered detections directly to data sources, even before the data enters the Falcon platform.
Leadership Perspectives
George Kurtz, CEO and founder of CrowdStrike, emphasized the strategic importance of the acquisition: Onum is both a pipeline and a filter, which will stream high-quality, filtered data directly into the platform to drive autonomous cybersecurity at scale. This is how we stop breaches at the speed of AI while giving customers complete control over their entire data ecosystem – well beyond cybersecurity.
Pedro Castillo, founder and CEO of Onum, expressed enthusiasm about joining forces with CrowdStrike: Onum was founded on the belief that pipelines should do more than transport data; they should transform data into real-time intelligence. By joining CrowdStrike, we can deliver this vision at unprecedented scale to accelerate SOC transformation on a global scale.
Financial Details and Market Impact
While the exact terms of the deal were not disclosed, reports suggest that the acquisition is valued at approximately $290 million. Onum has previously raised over $40 million in funding from investors such as Dawn Capital, Insight Partners, and Kibo Ventures. This acquisition underscores the growing importance of real-time data processing in cybersecurity and positions CrowdStrike to offer more comprehensive and efficient solutions to its clients.
Conclusion
The acquisition of Onum represents a significant step forward for CrowdStrike in its mission to stop breaches and enhance cybersecurity operations. By integrating Onum’s real-time telemetry pipeline management technology, CrowdStrike’s Falcon Next-Gen SIEM is poised to deliver faster, more efficient, and cost-effective security solutions, addressing the evolving challenges faced by modern SOCs.
