Gigamon

Last updated
Gigamon
Company type Private
NYSE: GIMO
IndustryHybrid cloud Infrastructure, Hybrid cloud security, Deep observability
Founded2004;20 years ago (2004)
Headquarters,
U.S.
Area served
Worldwide
Key people
Products
  • GigaSMART
  • GigaSECURE
  • GigaVUE series
  • Gigamon Visibility Platform for AWS
Number of employees
950 (As of April 2023) [1]
Website gigamon.com

Gigamon is a privately held computer security company with products that delivers network-derived intelligence and insights to cloud, security, observability, and network management tools. [2] [3] It is one of the main parts in the deep observability market. [4] Formerly traded publicly, [5] it is now owned by Elliott Management [6] and headquartered in Santa Clara, California. [7]

Contents

History

Gigamon LLC was founded in 2004 and was originally operated by Gigamon Systems, LLC. [8] [9] [10] In 2009, Gigamon converted from a limited liability company to a corporation and changed its name to Gigamon Inc. [10] It is currently led by President and CEO, Shane Buckley. [11]

Gigamon Headquarters Gigamonheadquarters.jpg
Gigamon Headquarters

In July 2012 the company filed for an IPO, and then went public on June 11, 2013, on the New York Stock Exchange under the symbol “GIMO”. [12] [13] During the initial public offering on June 12, 2013, investors bought 6.75 million shares priced at $19 each, generating $128 million in sales. [7] [2]

In 2015, Gigamon introduced its formalized Partner Program. [9] At the time, the company already had 220 partners in North America and more in other countries. [9] That same year, Gigamon moved its headquarters to Santa Clara and doubled the size of its operations. [14]

Gigamon officials rang the closing bell of the New York Stock Exchange on February 24, 2016. [15] [16] That year, Gigamon had almost $311 million in revenue, up from $68 million in 2011. [17]

In January 2018, the company was acquired by Elliott Management Corporation and The Qatar Investment Authority (QIA) for US$1.6 billion. [3] That same year the company entered the network detection and response (NDR) market when it acquired the startup ICEBRG. [18] In February 2022, the company announced a series of enhancements to ThreatINSIGHT that included providing 365-date rich network metadata retention to provide SOC teams with historical data and tools to use that data to identify adversary activity. [19] In December 2022, Gigamon sold ThreatINSIGHT to Fortinet. [18]

In 2019, Gigamon products were deployed in over 80% of Fortune 100 companies. [20] Two years later, in December 2021, Gigamon partnered with Cirrus Networks to offer managed security services to governments and large enterprises in Australia. [21] The initial three-year partnership focused on the following industries: government, mining, financial services, and education. [21]

Products

Gigamon develops physical and virtual network visibility technologies, including network TAP and aggregation products, traffic manipulation applications, and visibility fabric nodes. [22] [23] Its product families have included Deep Observability (originally Hawk), GigaVUE (GigaVUE Cloud Suite and GigaVUE Appliances), GigaSMART, and GigaVUE-FM. [23] [24] [25] [26]

In 2014, the company added “Active Visibility” features to its visibility fabrics. With its Active Visibility, Gigamon could decrypt SSL traffic, better provide multi-tier security, and support 100 Gig-E and 40-Gig E networks. [22]

In April 2015, the company released the framework Software Defined Visibility to be used by customers, security and network equipment vendors, and managed service providers. [27] It can be used to control and program the Gigamon Visibility Fabric using REST-based APIs. [27] In July 2015, Gigamon released its GigaSECURE Security Delivery Platform. It uses traffic visibility fabric to extract scalable metadata to counter Advanced Persistent Threats (APTs). [28] [29]

Another product, Application Filtering Intelligence, uses an application traffic identification tool to identify performance issues. It draws from a list of more than 3,000 IT and consumer apps, and sends relevant app traffic to security, performance monitoring, or data loss prevention tools. [30]

In October 2021, Gigamon announced a joint solution with Armis, a device security platform provider. [31] The Gigamon Visibility and Analytics Fabric and Armis Agentless Device Security Platform are used together to provide full visibility into traffic across hybrid networks. [31]

Deep Observability Pipeline

In 2021, Gigamon released Hawk, the first elastic visibility and analytics fabric for all data in-motion in a cloud network. [24] It offered visibility-as-code that could be embedded into cloud automation. It was integrated with AWS and other cloud platforms and tools. [24] [32]

In 2022, the company relabeled Hawk, its main visibility platform, as a Deep Observability Pipeline. [23] [33] [32] It is described as being able to deliver “network-derived intelligence to cloud, security and observability tools to help eliminate security blind spots and reduce tool costs.” [4] It is used in hybrid and multi-cloud environments and accesses network traffic at the source. [23] [32]

In October 2022, Gigamon integrated its Pipeline with LogRhythm’s SIEM Platform. The integrated products can be used to identify behavioral anomalies, and internal and external cyber threats. [33] In November, Gigamon announced a partnership with InfoVista to address “digital transformation and next-generation challenges in areas such as network slicing and service level agreement monetization across the 5G core, Open RAN and mobile private networks.” [34]

Precryption

Gigamon Precryption™ technology is an automated solution that provides plaintext visibility into encrypted communications across cloud, virtual or container workloads. Gigamon GigaVUE 6.4 utilizes Precryption technology to execute advanced threat detection, investigation, and response. Precryption  was developed by Gigamon and was announced on September 12, 2023. Using eBPF technology, GigamonPrecryption technology captures traffic prior to encryption or after decryption to reveal previously concealed threat activity. [35] [36]

Vectra

Vectra AI Inc. and Gigamon announced a new OEM partnership. This new collaboration combines Vectra’s Ai-driven attack signal intelligence and Gigamon’s GigaVUE Cloud Suite throughout hybrid cloud environments. [37] The platform reduces detection latency, reduces risk exposure, and optimizes Security Operations Center (SOC) within team workflows. [38]

Lawsuits

On Friday, April 23, 2021, a federal jury of the US District Court and Eastern District of Texas delivered its verdict regarding Gigamon’s claims of APCON Inc.’s infringement on certain specified network technology patents. Gigamon’s infringement assertions were denied when the jury unanimously ruled that not only were allegations of APCON’s infringement invalid, but all claims related to five network data management patents at issue were invalid as well.[ citation needed ]

Related Research Articles

Fortinet, Inc. is a cybersecurity company with headquarters in Sunnyvale, California. The company develops and sells security solutions like firewalls, endpoint security and intrusion detection systems. Fortinet has offices located all over the world.

<span class="mw-page-title-main">F5, Inc.</span> U.S. information technology company

F5, Inc. is an American technology company specializing in application security, multi-cloud management, online fraud prevention, application delivery networking (ADN), application availability & performance, network security, and access & authorization.

<span class="mw-page-title-main">Splunk</span> American technology company

Splunk Inc. is an American software company based in San Francisco, California, that produces software for searching, monitoring, and analyzing machine-generated data via a web-style interface. Its software helps capture, index and correlate real-time data in a searchable repository, from which it can generate graphs, reports, alerts, dashboards and visualizations.

<span class="mw-page-title-main">Blue Coat Systems</span> American cybersecurity and network management company

Blue Coat Systems, Inc., was a company that provided hardware, software, and services designed for cybersecurity and network management. In 2016, it was acquired by and folded into Symantec. In 2019 was, as part of Symantec Enterprise division, sold to Broadcom.

<span class="mw-page-title-main">Tufin</span> Software company

Tufin is a security policy management company specializing in the automation of security policy changes across hybrid platforms and security and compliance. The Tufin Orchestration Suite supports next-generation firewalls, network layer firewalls, routers, network switches, load balancers, web proxies, private and public cloud platforms and micro-services.

<span class="mw-page-title-main">CTERA Networks</span> Multinational enterprise software company

CTERA Networks is a privately held enterprise software company headquartered in New York and Israel. The company has regional offices in the UK, Italy, France, Spain, Germany, and Australia. As of 2021, the company is designated as the leading vendor in distributed cloud file storage by GigaOm.

New Relic, Inc. is an American web tracking and analytics company based in San Francisco. The company's cloud-based software allows websites and mobile apps to track user interactions and service operators' software and hardware performance.

<span class="mw-page-title-main">Meru Networks</span> American networking equipment manufacturer

Meru Networks was a supplier of wireless local area networks (WLANs) to healthcare, enterprise, hospitality, K-12 education, higher education, and other markets. Founded in 2002 and headquartered in Sunnyvale, California, United States, the company made its initial public offering in March 2010, and was acquired by Fortinet in May 2015.

<span class="mw-page-title-main">Palo Alto Networks</span> American technology company

Palo Alto Networks, Inc. is an American multinational cybersecurity company with headquarters in Santa Clara, California. The core product is a platform that includes advanced firewalls and cloud-based offerings that extend those firewalls to cover other aspects of security. The company serves over 70,000 organizations in over 150 countries, including 85 of the Fortune 100. It is home to the Unit 42 threat research team and hosts the Ignite cybersecurity conference. It is a partner organization of the World Economic Forum.

<span class="mw-page-title-main">Dynatrace</span> American technology company

Dynatrace, Inc. is a global technology company that provides a software observability platform based on artificial intelligence (AI) and automation. Dynatrace technologies are used to monitor, analyze, and optimize application performance, software development and security practices, IT infrastructure, and user experience for businesses and government agencies throughout the world.

Lastline, Inc. is an American cyber security company and breach detection platform provider based in Redwood City, California. The company offers network-based security breach detection and other security services that combat malware used by advanced persistent threat (APT) groups for businesses, government organizations and other security service providers. Lastline has offices in North America, Europe, and Asia.

Array Networks is an American networking hardware company. It sells network traffic encryption tools.

Vectra AI, Inc. is a cybersecurity company that uses AI for hybrid attack detection, investigation, and response (NDR) solutions. The company was established in 2012 and operates in 113 countries from its San Jose, California headquarters.

Cohesity is an American privately held information technology company headquartered in San Jose, California with offices in India and Ireland. The company develops software that allows IT professionals to backup, manage and gain insights from their data across multiple systems or cloud providers. Their products also include anti-ransomware features, Disaster Recovery-as-a-Service, and SaaS management.

<span class="mw-page-title-main">Oracle Cloud</span> Cloud computing service

Oracle Cloud is a cloud computing service offered by Oracle Corporation providing servers, storage, network, applications and services through a global network of Oracle Corporation managed data centers. The company allows these services to be provisioned on demand over the Internet.

<span class="mw-page-title-main">Appian Corporation</span> American cloud computing company

Appian Corporation is an American cloud computing and enterprise software company headquartered in McLean, Virginia, part of the Dulles Technology Corridor. The company sells a platform as a service (PaaS) for building enterprise software applications. It is focused on low-code development, process mining, business process management, and case management markets in North America, Europe, the Middle East and Southeast Asia.

<span class="mw-page-title-main">Fastly</span> American web infrastructure company

Fastly is an American cloud computing services provider. It describes its network as an edge cloud platform, which is designed to help developers extend their core cloud infrastructure to the edge of the network, closer to users. The Fastly edge cloud platform includes their content delivery network (CDN), image optimization, video and streaming, cloud security, and load balancing services. Fastly's cloud security services include denial-of-service attack protection, bot mitigation, and a web application firewall. Fastly's web application firewall uses the Open Web Application Security Project ModSecurity Core Rule Set alongside its own ruleset.

Arctic Wolf Networks is a cybersecurity company that provides security monitoring to detect and respond to cyber threats. The company monitors on-premises computers, networks and cloud based information assets from malicious activity such as cybercrime, ransomware, and malicious software attacks.

Network detection and response (NDR) refers to a category of network security products that detect abnormal system behaviors by continuously analyzing network traffic. NDR solutions apply behavioral analytics to inspect raw network packets and metadata for both internal (east-west) and external (north-south) network communications.

References

  1. "Gigamon's (GIMO) CEO Paul Hooper on Q1 2017 Results - Earnings Call Transcript". Seeking Alpha. 27 April 2017. Retrieved 29 June 2017.
  2. 1 2 "Gigamon makes stock exchange debut; sees shares soar". CRN. 12 June 2013.
  3. 1 2 "Elliott makes first public buyout with Gigamon in $1.6 bln deal". Reuters. 2017-10-26. Retrieved 2020-06-24.
  4. 1 2 "Gigamon leads deep observability market, with 71% market share". IT Brief Australia. Retrieved 2023-05-04.
  5. "Gigamon 2014 Form 10-K". U.S. Securities and Exchange Commission. 2015-03-09.
  6. "Gigamon Announces Completion of Acquisition by Elliott Management and Qatar Investment Authority". www.gigamon.com. Retrieved 2018-01-04.
  7. 1 2 Avalos, George (17 July 2013). "Gigamon will move to new Santa Clara HQ where it could employ 500 people". Mercury News . Retrieved 16 June 2017.
  8. "Calling YCombinators: Lessons from a "Serial First-Timer". Gigaom . 2008-04-04. Archived from the original on 2020-12-02. Retrieved 2015-09-15.
  9. 1 2 3 Mark Haranas (28 January 2015). "Gigamon takes partner program to next level". CRN. Retrieved 19 June 2017.
  10. 1 2 "S-1/A". www.sec.gov. Retrieved 2023-04-27.
  11. Novinson, Michael (April 18, 2022). "Observability Vendor Gigamon Promotes Shane Buckley to CEO". www.bankinfosecurity.com. Retrieved 2023-05-04.
  12. Schubarth, Cromwell (11 June 2013). "Gigamon IPO brings in $128.25M, prices at mid-range". Silicon Valley Business Journal . Retrieved 16 June 2017.
  13. Berndtson, Chad (2012-07-13). "Gigamon Files For IPO". CRN. Retrieved 2023-05-04.
  14. "Gigamon will move to new Santa Clara HQ where it could employ 500 people". The Mercury News. 2013-07-17. Retrieved 2023-05-11.
  15. "Gigamon rings the NYSE closing bell". Livestream. 24 February 2016. Archived from the original on 24 October 2017. Retrieved 29 June 2017.
  16. "The past, present and future of network security: An interview with Paul Hooper, CEO of Gigamon". New York Stock Exchange. Archived from the original on 24 October 2017. Retrieved 29 June 2017.
  17. Warren, Justin. "Gigamon Remakes Itself For Cloud". Forbes. Retrieved 2023-05-17.
  18. 1 2 "Gigamon Exits NDR Market, Sells ThreatInsight Business to Fortinet". Dark Reading. 2023-02-08. Retrieved 2023-05-17.
  19. "Gigamon revamps ThreatINSIGHT NDR solution to add 365-day data retention". VentureBeat. 2022-02-10. Retrieved 2023-05-17.
  20. Councils, Forbes. "Forbes Marketplace: How One CEO Drives Digital Transformation By Eliminating Data Silos With Complete Network Visibility". Forbes. Retrieved 2023-05-23.
  21. 1 2 "Cirrus and Gigamon partner on cyber security services". www.arnnet.com.au. 9 December 2021. Retrieved 2023-05-23.
  22. 1 2 "Gigamon rolls out active visibility, stays ahead of the commodity curve". Network World. 2014-10-29.
  23. 1 2 3 4 "Gigamon Exits NDR Market, Sells ThreatInsight Business to Fortinet". Dark Reading. 2023-02-08. Retrieved 2023-05-23.
  24. 1 2 3 Gigamon. "iTWire - Gigamon launches Hawk and partners with AWS to simplify and secure cloud adoption". itwire.com. Retrieved 2023-05-25.
  25. Staff (2015-07-21). "Gigamon Launches Security Visibility Platform for Advanced Persistent Threats". Converge Digest. Retrieved 2023-05-25.
  26. Berndtson, Chad (2012-07-13). "Gigamon Files For IPO". CRN. Retrieved 2023-05-25.
  27. 1 2 Staff (2015-04-20). "Gigamon Automates Network Traffic Visibility for Rapid Response to Security Threats". Converge Digest. Retrieved 2023-05-23.
  28. Staff (2015-07-21). "Gigamon Launches Security Visibility Platform for Advanced Persistent Threats". Converge Digest. Retrieved 2023-05-23.
  29. "Gigamon Gains Force In The Battle Against Cyber Crime". Investor's Business Daily. 2016-04-08. Retrieved 2023-05-25.
  30. "Revealed: The cure to network outage-related downtime". IT Brief Australia. Retrieved 2023-05-25.
  31. 1 2 "Armis, Gigamon partnership to safeguard IoT devices against rising cloud threats". ChannelLife New Zealand. Retrieved 2023-05-25.
  32. 1 2 3 "Gigamon, Outcomex partner for stronger security architecture". SecurityBrief Australia. Retrieved 2023-05-30.
  33. 1 2 "LogRhythm integrates with Gigamon to help security teams detect anomalies across their networks". Help Net Security. 2022-10-27. Retrieved 2023-05-30.
  34. "Infovista, Gigamon assure greater flexibility and connectivity for 5G networks | Computer Weekly". ComputerWeekly.com. Retrieved 2023-05-30.
  35. "Gigamon's 'Precryption' to block attacks hiding behind encryption". CSO Online. Retrieved 2023-10-25.
  36. "Gigamon Precryption Redefines Traffic Observability for the Hybrid Cloud Enterprise". Database Trends and Applications. 2023-09-28. Retrieved 2023-10-25.
  37. "Vectra AI and Gigamon Announce New OEM Partnership to Reduce Cybersecurity Risk for Large Enterprise Organizations". ITDigest. 2024-02-21. Retrieved 2024-06-11.
  38. Jack, Cyber (2024-02-21). "Vectra AI and Gigamon Announce Partnership to Enhance Hybrid Cloud Security". Enterprise Sec Tech. Retrieved 2024-06-11.