NetSkope acquires WootCloud

 
 

Netskope, the leader in Security Service Edge (SSE) and Zero Trust, announced it has acquired WootCloud, an innovator in applying Zero Trust principles to IoT security.

The acquisition brings to Netskope WootCloud’s award-winning HyperContext® Security Platform, which provides end-to-end visibility, context, and threat remediation for managed and unmanaged devices, and will extend Netskope’s acclaimed SSE and Zero Trust capabilities to protect enterprise IoT devices at scale.

The massive volume of Internet-connected devices continues to expand; by 2025, there will be 55.7 billion connected IoT devices (“things”), generating almost 80B zettabytes (ZB) of data. WootCloud technology will enable Netskope customers to support both user- and device-centric policies with Zero Trust principles applied to govern access and interactions with critical data. As Gartner® notes, by 2026, 50% of organizations will prioritize advanced data security features for inspection of data at rest and in motion as a selection criterion for SSE, up from 15% in 2021.

SANTA CLARA, Calif. – June 1, 2022

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