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]

Ecosystem expansion

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]

Cribl integration

Gigamon and Cribl have announced a technology integration designed to enhance cybersecurity intelligence, combining Gigamon's network telemetry, including application metadata, with Cribl's observability pipeline to provide a more comprehensive view of network traffic and security events. This partnership aims to streamline data management, optimize data visibility, and improve threat detection capabilities for enterprises. [39] [40] This integration should improve threat detection through a unified approach to network traffic and security event management. [41]

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. [42]

Related Research Articles

<span class="mw-page-title-main">Trend Micro</span> Japanese multinational cyber security company

Trend Micro Inc. is an American-Japanese cyber security software company. The company has globally dispersed R&D in 16 locations across every continent excluding Antarctica. The company develops enterprise security software for servers, containers, and cloud computing environments, networks, and end points. Its cloud and virtualization security products provide automated security for customers of VMware, Amazon AWS, Microsoft Azure, and Google Cloud Platform.

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.

Qualys, Inc. is an American technology firm based in Foster City, California, specializing in cloud security, compliance and related services.

Network behavior anomaly detection (NBAD) is a security technique that provides network security threat detection. It is a complementary technology to systems that detect security threats based on packet signatures.

<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.

Network intelligence (NI) is a technology that builds on the concepts and capabilities of deep packet inspection (DPI), packet capture and business intelligence (BI). It examines, in real time, IP data packets that cross communications networks by identifying the protocols used and extracting packet content and metadata for rapid analysis of data relationships and communications patterns. Also, sometimes referred to as Network Acceleration or piracy.

<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 and in 2019 as part of Symantec’s Enterprise Security business it was sold to Broadcom.

Recorded Future, Inc. is an American privately held cybersecurity company founded in 2009, with headquarters in Somerville, Massachusetts.

<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.

Adallom is a cloud security company based in Menlo Park, California. It secures enterprise software-as-a-service (SaaS) application usage, audits user activity, and protects employees and digital assets from threats in real time.

<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.

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.

Viavi Solutions Inc., formerly part of JDS Uniphase Corporation (JDSU), is an American network test, measurement and assurance technology company based in Chandler, Arizona. The company manufactures testing and monitoring equipment for networks. It also develops optical technology used for a range of applications including material quality control, currency anti-counterfeiting and 3D motion sensing, including Microsoft's Kinect video game controller.

<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.

Kyvos is a business intelligence acceleration platform for cloud and big data platforms developed by an American privately held company named Kyvos Insights. The company, headquartered in Los Gatos, California, was founded by Praveen Kankariya, CEO of Impetus Technologies. The software provides OLAP-based multidimensional analysis on big data and cloud platforms and was launched officially in June 2015. In December the same year, the company was listed among the 10 Coolest Big Data Startups of 2015 by CRN Magazine.

Aporia is a machine learning observability platform based in Tel Aviv, Israel. The company has a US office located in San Jose, California.

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.

Cribl.io is an American company developing a data platform for information technology and security operations teams. Their core function revolves around simplifying and managing the massive amount of data generated by various software systems within an organization. Founded in 2018 by Clint Sharp, Ledion Bitincka, and Dritan Bitincka, the company is headquartered in San Francisco, California. Its mascot is a goat named Ian. In October 2022, Splunk filed a lawsuit against Cribl, alleging that the company based its business on stolen intellectual property.

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.
  39. "Gigamon and Cribl announce technology integration for comprehensive intelligence". Security Info Watch. 2024-03-26. Retrieved 2024-10-03.
  40. "Gigamon and Cribl Announce Technology Integration that Delivers Comprehensive Intelligence to a Full Range of Security and Monitoring Tools : @VMblog". vmblog.com. Retrieved 2024-10-03.
  41. "Gigamon and Cribl Announce Technology Integration that Delivers Comprehensive Intelligence to a Full Range of Security and Monitoring Tools : @VMblog". vmblog.com. Retrieved 2024-11-01.
  42. Brittain, Blake. "IN BRIEF: Gigamon loses verdict on patent claims against rival". Reuters. Retrieved 18 December 2024.