Radware acquires bot management startup ShieldSquare

Article Crux

Radware, which is an Israeli cybersecurity company, has now agreed to acquire the Bangalore based bot management solutions provider ShieldSquare.

The transaction is going to close by the end of the first quarter of 2019; there is no information about the financial deal about the company officials.

Operated and owned by the Kalbi Technologies Pvt Ltd, ShieldSquare provides the protection to the internet properties against the bot attacks and web scraping. Its solutions help the online business differentiate between the human and non-human traffic(bots) on the mobile and web applications. It offers threat research, reporting, attack detection, and analysis services to business.

The company was founded by the Pavan Thatha, Rakesh, Jyoti, Vasanth, and Srikanth in the year 2013.

“This acquisition allows us to expand our portfolio with robust bot management solutions that strongly fit our strategic goal to continue and deepen our integrated portfolio, organically and inorganically. Bot management can stand alone as product offerings as well as integrate into our suite of attack mitigation solutions,” said Radware CEO Roy Zisapel.

The company also revealed that considering the ShiedSquare technology synergy and machine learning capabilities, the deal offers an opportunity for the Radware to expand with some of the existing security services.

“These bot-management services along with Radware’s Cloud WAF services offer comprehensive protection of applications,” Zisapel added.

In recent funding round, ShieldSquare has now raised an undisclosed amount of Series A round of funding which is led by the Endiya Partners, and RPG Ventures in the December 2017.

Radware has a plans to offers the ShieldSquare bot management and mitigation product under its latest new bot manager product line. This addition will be going to help in the integration with the Radware attack mitigation solution.