It’s exciting to share the news of our new funding round. It let us bring onboard some amazing investors and funds for further growth, along with setting the company valuation at $8.5B — a pretty big number. When you look at this valuation, and consider these smart investors expect it to grow substantially, you may wonder — how can this market be big enough to support these numbers? I would say the real question is — how can it not be?
TYSONS CORNER, Va., September 8, 2021 – NeoSystems, a full service strategic outsourcer, IT systems integrator and managed services provider to the government contractor market, announced today that it is being acquired by High Street Capital, a Chicago-based private equity firm. Financial terms of the deal were not disclosed. The company will continue to be led by NeoSystems CEO and Co-Founder, Michael Tinsley, and Co-Founder and CTO, Rob Wilson, along with its current management team.
1Password has been a remote company since we started more than 15 years ago. We’ve worked hard to build and maintain a remote culture, as we grew, that places value on a healthy work-life balance, transparent communication, and trust. That’s why we’re thrilled to announce that we’ve been included in Quartz’s Best Companies for Remote Workers 2021.
In the past year, IT services have gone through a world of change. There are more remote workers, hybrid work models, cloud services, and mobile devices. It is finally safe to say that the classic perimeter no longer exists. In fact, you might go one step further and say that identity is the new perimeter. The ability for end-users to access any applications from any device from anywhere has put securing identities and their access privileges near the top of any Zero Trust security strategy.
Extended Detection and Response (XDR) is the latest buzz word in the security industry and garnering significant attention. Industry analysts each have their own definition. Meanwhile, security vendors are quickly jumping on the bandwagon, recasting their products as XDR solutions. And it’s safe to assume many more will unveil XDR products in the months ahead.
Today, Sysdig has completed the acquisition of Apolicy to enable our customers to secure their infrastructure as code. I am very pleased to see the Apolicy team become part of the Sysdig family, bringing rich security DNA to our company.