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ConnectWise acquires two cybersecurity firms focused on MSP space to address needs of SMBs

ConnectWise acquires two cybersecurity firms focused on MSP space to address needs of SMBs

Enterprise SecuritySoftwareTop Stories

ConnectWise, a leading provider of software and expert services purpose-built for technology solution providers (TSPs), has announced it has acquired Perch Security and StratoZen. These acquisitions establish ConnectWise as the industry’s only platform with the comprehensive offering for today’s TSP – complete with business management, unified management and security management, including SOC and SIEM services.

As part of the ConnectWise Fortify security management solution, these technologies will provide revolutionary data management capabilities, both as a service and as core technology in the ConnectWise Fortify SOC. Perch provides the only MSP-designed SIEM in the industry, stripping away unnecessary complexity while providing the multi-tenant functionality MSPs need to support multiple SMB clients and easily capture data from the systems they are monitoring for cyberattacks on behalf of their customers. Additionally, StratoZen’s advanced automation and data analysis capabilities will take the data gathered from the Perch SIEM and turn it into actionable insights. This will help MSPs significantly reduce false positives and respond faster and more accurately, with less staffing resources.

“Good security requires answering some basic questions that can be difficult to answer: what are my risks, how do I know when I’m under attack and how do I respond?” said Brian Downey, Vice President of Security Product Management, ConnectWise. “The reason it’s hard is because our industry has taken the flawed approach of adding more tools, more staff, more complexity – all contributing to silos of chaos. With Perch and StratoZen, we’re changing that approach, capturing only the data MSPs need and helping them make sense of it so they can protect their customers more effectively and efficiently.”

“Just as we sought to control the ‘Silos of Chaos’ with our PSA and RMM solutions, we are now doing the same for cybersecurity. We want to make cybersecurity less complex for TSPs by providing technology that makes it easy to collect, assess and respond to security data from many different point products,” said Jason Magee, CEO, ConnectWise. “These acquisitions are about far more than the technology; we are gaining extremely talented and innovative colleagues with a deep understanding of cybersecurity, and a laser focus on what their partners need to succeed. Aharon and the entire team at Perch have built a tremendously strong brand and partner experience over the past four years. We’re going to infuse these strengths into the ConnectWise brand and partner experience.” 

“Four years ago we set out to make advanced threat detection attainable for small and mid-size business and ultimately, the best way to accomplish that was working closely with our MSPs and the MSP community,” said Aharon Chernin, CEO, Perch Security. “It’s been extremely rewarding to see MSPs find the value in our offering and, even more so, to add functionality they told us they needed most – SIEM technology, integrations with the tools they use and more. There is more work to do – we’ve very excited to join the ConnectWise family and work to solve the full set of security challenges MSPs struggle with.”

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