Outpost24 acquires Sweepatic
to reduce risk
exposure of internet
facing assets
PORTFOLIO NEWS Outpost24, a leading cybersecurity risk management platform, today announced the acquisition of Sweepatic. Based in Leuven, Belgium, Sweepatic is an innovative external attack surface management (EASM) platform. Gartner identified EASM as a top Security and Risk Management (SRM) trend for 2022. By leveraging their EASM solution across Outpost24s full-stack security assessment and threat intelligence offering, customers will be provided with the most comprehensive view of their internal and external attack surface to identify unknown assets and prioritize risk mitigation.
Attackers routinely exploit vulnerable, misconfigured external assets as an entry point to gain initial access. Having a complete view of the attack surface is an essential component of modern cyber risk management. With Sweepatic, ‘outside-in’ blind spots become visible, and any unknown and unmanaged, vulnerable assets are mapped out across public-facing cloud services, infrastructures and web applications to prioritize mitigation.
Combining Sweepatic’s innovative technology with the Outpost24 platform is the best way to prevent likely attacks. As the threat exposure management landscape is shifting to incorporate EASM, we are enhancing our platform’s capability to meet the demands of our customers who need 360-degree visibility. With so many vulnerabilities and risks appearing as the enterprise attack surface expands, organizations need a better way to discover and mitigate unknown asset risk before they can be exploited.
Karl Thedéen, CEO, Outpost24
We are excited to join the Outpost24 family as their mission and goals closely align with ours.
Chris De Hous, CEO, Sweepatic
This acquisition will allow us to accelerate our vision and complement Outpost24’s established offering on a global scale as we continue to make a difference by providing organizations with the necessary insight to meet their risk management and compliance needs.
Stijn Vande Casteele, Founder, Sweepatic
We congratulate the Sweepatic team on their remarkable achievement and look forward to witnessing their continued success in the cybersecurity landscape. This acquisition reinforces our belief in the immense potential of cybersecurity startups and strengthens our commitment to supporting and nurturing future cyber industry leaders.
Katharina Frie, Senior Investment Manager, eCAPITAL AG
Sweepatic was backed by eCAPITAL ENTREPRNEURIAL PARTNERS AG (DE), TIIN Capital (NL) and the Flemish investment company PMV (BE).
About Outpost24
The Outpost24 group is pioneering cyber risk management with vulnerability management, application security testing, threat intelligence and access management – in a single solution. Over 2,500 customers in more than 65 countries trust Outpost24’s unified solution to identify vulnerabilities, monitor external threats and reduce the attack surface with speed and confidence. Delivered through our cloud platform with powerful automation supported by our cyber security experts, Outpost24 enables organisations to improve business outcomes by focusing on the cyber risk that matters. Visit https://outpost24.com/ for more information.
About Sweepatic
Sweepatic is a European leader in External Attack Surface Management. Our cloud-native EASM platform automates the continuous mapping, analysis and monitoring of all internet-connected assets and risks. Running 24/7, the Sweepatic Platform delivers attack surface observations via notifications and an easy-to-use dashboard. In this way, Sweepatic supports organizations in structuring and reducing their external attack surface – making them an unpopular target for bad actors. Visit https://www.sweepatic.com/ for more information.
About eCAPITAL
Founded in 1999, eCAPITAL is an entrepreneur-led venture capital investor focusing on early- and growth-stage deep-tech companies with a positive impact on society. eCAPITAL is based in Germany and invests with its own funds with a total volume of over € 340 million in the areas of Sustainability, Enterprise Software, Cybersecurity, IoT and New Materials. In addition to financial resources, eCAPITAL offers its portfolio companies strategic support and access to an international network of entrepreneurs, scientists, investors and founders and was lead investor in various deep-tech companies such as sonnen, Novaled or Jedox, which were sold very successfully to international strategists or investors.
eCAPITAL ENTREPRENEURIAL PARTNERS AG
Bettina Schäfer
Hafenweg 24
48155 Münster
Tel.: +49 251 70 37 67 0
Email: info@ecapital.vc
www.ecapital.vc