https://www.channelfutures.com/wp-content/themes/channelfutures_child/assets/images/logo/footer-new-logo.png
  • Home
  • Technologies
    • Back
    • SDN/SD-WAN
    • Cloud
    • RMM/PSA
    • Security
    • Telephony/UC/Collaboration
    • Cable
    • Mobility & Wireless
    • Fiber/Ethernet
    • Data Centers
    • Backup & Disaster Recovery
    • IoT
    • Desktop
    • Artificial Intelligence
    • Analytics
  • Strategy
    • Back
    • Mergers and Acquisitions
    • Channel Research
    • Business Models
    • Distribution
    • Technology Solutions Brokerages
    • Sales & Marketing
    • Best Practices
    • Vertical Markets
    • Regulation & Compliance
  • MSP 501
    • Back
    • Complete 2023 MSP 501 Rankings
    • 2023 MSP 501 50-1
    • 2023 MSP 501 100-51
    • 2023 MSP 501 150-101
    • 2023 MSP 501 200-151
    • 2023 MSP 501 250-201
    • 2023 MSP 501 300-251
    • 2023 MSP 501 350-301
    • 2023 MSP 501 400-351
    • 2023 MSP 501 450-401
    • 2023 MSP 501 501-451
    • NextGen 101 Rankings
  • Intelligence
    • Back
    • Galleries
    • Podcasts
    • From the Industry
    • Reports/Digital Issues
    • Webinars
    • White Papers
  • Channel Futures TV
  • EMEA
  • Channel Chatter
    • Back
    • People on the Move
    • New/Changing Channel Programs
    • New Products & Services
    • Industry Honors
  • Resources
    • Back
    • Channel Futures 20: Top Tech Providers
    • Advisory Boards
    • Industry Organizations
    • Our Sponsors
    • Advertise
    • 2023 Editorial Calendar
  • Awards
    • Back
    • 2023 MSP 501
    • 2023 NextGen 101
    • Channel Influencers
    • Circle of Excellence
    • DE&I 101
    • Technology Advisor 101 (TA 101)
    • Channel Leaders Lists
  • Events
    • Back
    • 2024 CP Expo Call for Speakers
    • Channel Futures Leadership Summit
    • MSP Summit
    • CP Conference & Expo
    • Channel Partners Europe
    • Channel Partners Event Coverage
    • Webinars
    • Industry Events
  • About Us
  • DE&I
Channel Futures
  • NEWSLETTER
  • Home
  • Technologies
    • Back
    • SDN/SD-WAN
    • Cloud
    • RMM/PSA
    • Security
    • Telephony/UC/Collaboration
    • Cable
    • Mobility & Wireless
    • Fiber/Ethernet
    • Data Centers
    • Backup & Disaster Recovery
    • IoT
    • Desktop
    • Artificial Intelligence
    • Analytics
  • Strategy
    • Back
    • Mergers and Acquisitions
    • Channel Research
    • Business Models
    • Distribution
    • Technology Solutions Brokerages
    • Sales & Marketing
    • Best Practices
    • Vertical Markets
    • Regulation & Compliance
  • MSP 501
    • Back
    • Complete 2023 MSP 501 Rankings
    • 2023 MSP 501 50-1
    • 2023 MSP 501 100-51
    • 2023 MSP 501 150-101
    • 2023 MSP 501 200-151
    • 2023 MSP 501 250-201
    • 2023 MSP 501 300-251
    • 2023 MSP 501 350-301
    • 2023 MSP 501 400-351
    • 2023 MSP 501 450-401
    • 2023 MSP 501 501-451
    • NextGen 101 Rankings
  • Intelligence
    • Back
    • Galleries
    • Podcasts
    • From the Industry
    • Reports/Digital Issues
    • Webinars
    • White Papers
  • Channel Futures TV
  • EMEA
  • Channel Chatter
    • Back
    • People on the Move
    • New/Changing Channel Programs
    • New Products & Services
    • Industry Honors
  • Resources
    • Back
    • Channel Futures 20: Top Tech Providers
    • Advisory Boards
    • Industry Organizations
    • Our Sponsors
    • Advertise
    • 2023 Editorial Calendar
  • Awards
    • Back
    • 2023 MSP 501
    • 2023 NextGen 101
    • Channel Influencers
    • Circle of Excellence
    • DE&I 101
    • Technology Advisor 101 (TA 101)
    • Channel Leaders Lists
  • Events
    • Back
    • 2024 CP Expo Call for Speakers
    • Channel Futures Leadership Summit
    • MSP Summit
    • CP Conference & Expo
    • Channel Partners Europe
    • Channel Partners Event Coverage
    • Webinars
    • Industry Events
  • About Us
  • DE&I
    • Newsletter
  • REGISTER
  • MSPs
  • VARs / SIs
  • Agents
  • Cloud Service Providers
  • Channel Partners Events
 Channel Futures

Mergers and Acquisitions


ThinkStock

Cash

Pathlock Gains $200 Million in Funding, Merges with Appsian, Security Weaver

  • Written by Edward Gately
  • May 17, 2022
Through this M&A, Pathlock has combined its channel partner organization.

Pathlock has secured $200 million in new funding, and has merged with Appsian and Security Weaver. In addition, it has acquired CSI Tools and Sast Solutions.

Appsian provides enterprise resource planning (ERP) data security solutions. Security Weaver provides governance, risk and compliance management (GRCM) software for SAP. CSI Tools is a Belgium-based GRCM provider, and Germany-based Sast Solutions hardens SAP environments.

Vertica Capital Partners led the Pathlock funding round. This funding will allow Pathlock to further expand its application governance and data security capabilities.

The company’s offerings are going deeper and wider than ever before. It’s providing a single unified platform to implement, enforce and manage GRC controls across enterprise applications.

Expanding Pathlock Partners’ Reach

Pathlock's Mike Johnson

Pathlock’s Mike Johnson

Mike Johnson is Pathlock‘s senior director of partners and alliances.

“Pathlock partners will continue to have access to the best-of-breed solutions they have gone to market with the previous 15 years,” he said. “The platform resulting from the vision to combine these solutions will allow them to expand their reach and provide a solution to protect applications, data and quantify risk for all major ERPs, HR and customer relationship management (CRM) tools. The Pathlock Global Partner Program features include a robust training and enablement plan, an asset library and a deal registration program that rewards partners for positioning our platform. The partners are most excited about the ability to provide business outcomes while utilizing our platform in addition to their own technical and consulting services capabilities.”

There is no other software provider who can match “our depth and breadth,” Johnson said.

“Also, just as importantly, our partners will have the industry’s broadest application support, more than 140 business applications, and controls library, literally thousands of controls, ready for deployment,” he said.

Business Application Protection Never More Important

The protection of business applications, especially the transactions and data they house, has never been more important, Johnson said. However, it’s still a largely manual process to test, prove and enforce the controls within those applications.

“We saw this opportunity to bring the leading technologies together to create a single 360-degree view of business application risk, with an automated approach to managing that risk,” he said. “Sarbanes Oxley is 20 years old, and continues to weigh on organizations. Relatively newer regulations such as internal control over financial reporting (ICFR) and General Data Protection Regulation (GDPR) are proof that internal controls are a key business activity and requires purpose-built technology to help address the needs.”

Through this M&A, Pathlock has combined its channel partner organization, Johnson said. It’s bringing the best of each program into a single strategy to allow partners to maximize their return on investment,.

“Pathlock will now have a robust network of 100-plus resellers, SIs and referral partners,” he said.

The combined company is now servicing over 1,200 customers across all major industries. Additionally, the new company brings with it a global reach and international customer presence. It has offices across the United States, Belgium, the United Kingdom, Germany, Israel and India.

Philip Vorobeychik is managing director of Vertica Capital Partners.

“We are thrilled to see these major players in the industry come together to create a global leader in the application governance, risk and compliance space,” he said  “The combined company, Pathlock, will now offer the most robust library of productized controls for business applications on the market today,”

Want to contact the author directly about this story? Have ideas for a follow-up article? Email Edward Gately or connect with him on LinkedIn.
Tags: VARs/SIs Strategy Business Models Cloud EMEA Mergers and Acquisitions Regulation & Compliance Security

Most Recent


  • Cisco's Splunk acquisition a bombshell
    Cisco's Splunk Acquisition 'True Bombshell Move,' Will Have Massive Impact on Cybersecurity
    The combination should present immediate upsell opportunities.
  • SMB, Cisco SMB
    Cisco SMB Business Gets Updated Sales Coverage Model, New Investments
    Cisco partners are marketing to clients that need technology outcomes just as much as the enterprise but lack the same IT staffing.
  • Brand Storytelling
    Learn to Create, Capture and Curate Stories for Your Brand
    The first step is developing your own stories. These are about how your company was formed, who founded it and why it was created.
  • Acquisition
    Cisco's Splunk Buy Hints at Importance of AI in Unified Communications
    The purchase of Splunk signifies Cisco's shift toward a greater focus on AI and resiliency in the enterprise environment.

Leave a comment Cancel reply

-or-

Log in with your Channel Futures account

Alternatively, post a comment by completing the form below:

Your email address will not be published. Required fields are marked *

Related Content

  • Barracuda Discover22 EMEA
    Barracuda Sees Huge Shift to Managed Services Among Partners
  • Grabber machine
    Converge Technology Solutions Snaps Up PC Specialists
  • future
    What Does TSB Consolidation Mean for Vendors? Channel Reacts to PlanetOne-Avant Deal
  • Mergers and Acquisitions, MA
    11:11 Systems Snags Key Managed Service and Cloud Infrastructure Assets

Upcoming Events

View all

Channel Futures Leadership Summit

October 30, 2023 - November 2, 2023

Channel Partners Conference & Expo

March 11, 2024 - March 14, 2024

Channel Futures Leadership Summit 2024

September 17, 2024 - September 19, 2024

Galleries

View all

Cisco’s Splunk Acquisition ‘True Bombshell Move,’ Will Have Massive Impact on Cybersecurity

September 21, 2023

Cisco SMB Business Gets Updated Sales Coverage Model, New Investments

September 21, 2023

CloudWorld 2023: Partners Big Part of Oracle’s Vision to Transform Industries

September 20, 2023

Industry Perspectives

View all

Why Conversational AI Matters for Your Customers and How It Can Boost Your Revenue

September 15, 2023

The 5 Ds that Lead to Unplanned Business Sales

September 13, 2023

Hot Generative AI Market Must ‘Cool Down’

August 28, 2023

Webinars

View all

MSP 501: Leadership in Cybersecurity

October 19, 2023

DE&I: Find the Balance that Works for You

September 7, 2023

Above and Beyond with the NextGen 101ers

August 30, 2023

White Papers

View all

6 UCaaS Reseller Challenges and How Real World Businesses Solved Them

February 1, 2023

Frost Radar: North American UCaaS Market, 2022

February 1, 2023

The Complete Guide to White-Label UCaaS for Reseller Success

February 1, 2023

Channel Futures TV

View all

Coffee with Craig and James Episode 129: ZLH Enterprises

Coffee with Craig and James Episode 128: Channel Partner Strategies Intelligence Service

August 25, 2023

Coffee with Craig and James Episode 127: Expereo, Movie Night Returns

August 18, 2023

Coffee with Craig and James Episode 126: ARG

July 28, 2023

MSP 501

The industry's largest and most comprehensive partner awards program.

Newsletters and Updates

Sign up for The Channel Report, Channel Futures Update, MSP 501 Newsletter and more.

Live Channel Events

Get the latest information on the next industry-leading Channel Partners event.

Galleries

Educational slide shows and images from live events.

Media Kit And Advertising

Want to reach our audience? Access our media kit.

DISCOVER MORE FROM INFORMA TECH

  • Channel Partners Events
  • Telecoms.com
  • MSP 501
  • Black Hat
  • IoT World Today
  • Omdia

WORKING WITH US

  • Contact
  • About Us
  • Advertise
  • Newsletter

FOLLOW Channel Futures ON SOCIAL

  • Privacy
  • CCPA: “Do Not Sell My Data”
  • Cookie Policy
  • Terms
Copyright © 2023 Informa PLC. Informa PLC is registered in England and Wales with company number 8860726 whose registered and Head office is 5 Howick Place, London, SW1P 1WG.
This website uses cookies, including third party ones, to allow for analysis of how people use our website in order to improve your experience and our services. By continuing to use our website, you agree to the use of such cookies. Click here for more information on our Cookie Policy and Privacy Policy.
X