MENLO SECURITY ACQUIRES VOTIRO TO ENHANCE DATA SECURITY FOR ENTERPRISES

KUALA LUMPUR, Feb 20 (Bernama) -- Menlo Security, the industry leader of secure enterprise browsers, has announced its acquisition of Votiro, a data and file security platform that specialises in advanced Content Disarm & Reconstruction (CDR) and data loss prevention.

According to a statement, Menlo Security and Votiro will enable enterprises to quickly and easily implement data security best practices without slowing employee and business productivity.

“Acquiring Votiro expands the capabilities of our product offerings and delivers a workspace security solution unlike anything else on the market.

“This solidifies our market leadership and empowers enterprises to secure their data across every business-critical workflow, all while enabling them to move at the speed of modern work,” said Menlo Security co-founder and chief executive officer (CEO), Amir Ben-Efraim.

Meanwhile, Votiro CEO, Ravi Srinivasan said Menlo Security's proven success and global presence would enhance Votiro’s approach to securing data in the modern workplace and looks forward to a smooth transition benefitting all stakeholders.

By expanding the Menlo Security browser security solution suite with the Votiro data and file security platform, Menlo Security provides a comprehensive workspace security solution that secures the modern worker, wherever they are, and adapts to how they work.

The expanded Menlo Security solution delivers Zero Trust Access to allow users to securely access their applications while preventing data leakage and securing file movement, promising high security efficacy without disrupting user experience or productivity.

Votiro and Menlo Security share the same philosophy of delivering strong security solutions that are designed from the ground up to be easy to configure, deploy, and manage. Together with Menlo Security HEATShield artificial intelligence (AI), the Votiro Data Detection & Response (DDR) solution brings administrator simplicity to data loss prevention and data masking.

This acquisition follows Menlo Security’s achievement of reaching US$100 million in annual recurring revenue (ARR), significantly broadening the company’s market and boosting its revenue potential. (US$1=RM4.44)

-- BERNAMA