March 10, 2021
Datto has made another acquisition, closing a deal with BitDam of Israel, a cyber threat detection company.
Datto’s partnership with ThreatLocker, announced last month, was another move to better secure business operations for MSPs. That partnership allows MSPs to protect themselves and their clients’ data from ransomware, data theft and shadow IT.
BitDam is the developer of advanced threat protection (ATP) technology. The company offers comprehensive defense against malware, phishing and ransomware.
Phishing in particular has become a real problem. Year after year, MSPs report this tactic as the most common cause of successful ransomware breaches, according to Datto’s annual Global State of the Channel Ransomware Report. BitDam’s threat detection technology was built to stop zero-day threats in their tracks. That includes those that don’t match any known malware signatures. This proactively defends against malware and phishing threats within a user’s inbox, chat, or cloud drive.
The company released its most recent version of cyber threat detection, BitDam ATP+, this month.
Keep up with the latest channel-impacting mergers and acquisitions in our M&A roundup.
Datto’s Tim Weller
“Cyber resilience has been at Datto’s core since the launch of our flagship Continuity service and the Datto Cloud over a decade ago,” said Tim Weller, CEO of Datto. “This acquisition marks an important step on our security journey, coming on the heels of our recent launch of ransomware detection in Datto RMM. Both deliver new revenue and margin opportunities to our 17,000 MSP partners just as cyberattacks on SMBs are proliferating. We welcome the elite BitDam security team to Datto as we continue to execute on an ambitious security roadmap for our partners.”
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