LETA Capital sold its share in Brain4Net to Kaspersky
27 October 2021Kaspersky has acquired Leta's portfolio company Brain4Net. Brain4Net has been developing solutions and services to help enterprises and service providers adapt modern technologies, such as Software-Defined Wide-Area Network (SD-WAN) and Network Functions Virtualization (NFV), with existing network infrastructure. Brain4Net’s team is joining the company and will contribute to building Kaspersky’s compelling network security strategy, as well as a Secure Access Service Edge (SASE) and evolved XDR offering.
“We reinvested in Brain4Net in 2017 due to the team of professionals with a very a solid product that automated network management. The acquisition of the company by the stretegic player and its future integration into the corporate security ecosystem confirmed our hypothesis that such a technology was promising. This is the exit for our first fund, founded in 2012. We wish the Brain4Net team the success and I am sure that this is a new exciting challenge for them and an opportunity for their product to grow faster,” comments Alexander Chachava, Managing Partner at LETA Capital.
According to IDC, worldwide ‘whole cloud’ spending is forecast to reach $1.3 trillion by 2025. In this context, accelerated by the pandemic and its impact on remote workforces, it becomes difficult for organizations to manage and protect their distributed infrastructures from advanced threats. SD-WAN enables teams to overcome this challenge by providing efficient management and simplifying the use of security functions for protection of the entire infrastructure.
Existing security solutions may not deliver a holistic approach to detecting and remediating advanced threats. Integrations of third-party network controls into Extended Detection and Response (XDR) class solutions from endpoint security vendors alone do not provide enough visibility and investigation capabilities over incidents happening inside enterprise environments.
This acquisition will also allow Kaspersky to evolve its existing solutions into full-scale Extended Detection and Response (XDR). SASE brings obvious benefits for XDR, including the ability to collect telemetry from network traffic, stop an attack anywhere across the edge and the network, and simplify orchestration and management due to a single point of control through SASE.
Max Kaminskiy, CEO, co-founder, at Brain4Net, says: “We are delighted to join the Kaspersky team. The spread of SD-WAN technology needs a strong business scenario, which is Kaspersky XDR, and the choice of Brain4Net technologies confirms the high level of the company's products and competencies. Together we will continue to make the world a safer and more comfortable place."