Cybersecurity company Darktrace will acquire UK-based cyber investigation and response solution provider Cado Security.
The announcement follows Darktrace’s acquisition by Thoma Bravo in October 2024 and highlights both Darktrace and Thoma Bravo’s commitment to accelerating Darktrace’s growth.
Cado Security has developed an investigation and response automation platform. The platform significantly reduces response times by automating the capture, processing, and analysis of data residing in cloud, container, serverless, SaaS, and on-premises environments.
Cado’s research and development teams in London and Bristol will work alongside Darktrace’s established research and development centres in the UK and the Netherlands to drive further innovation in Darktrace’s cloud detection and response capabilities.
Darktrace intends to accelerate the growth of Cado’s existing products through investment while also combining Cado’s forensic investigation technology with Darktrace’s existing ActiveAI Security Platform.
This richer data set can also enable significant augmentation to Darktrace’s Cyber AI Analyst which investigates alerts, streamlines investigations and prioritises incidents, reducing workload and alert fatigue for customers’ cyber teams.
The proposed acquisition represents Darktrace’s continued investment in its cloud capabilities following the successful launch of Darktrace / CLOUD for AWS in October 2023 and its expansion to Microsoft Azure in October 2024.
“The addition of Cado’s deep expertise in cloud-based data collection and forensics will enhance our ability to protect customers, ensuring they can operate securely and confidently across all areas of their business,” said Darktrace CEO Jill Popelka. “Together, Darktrace and Cado will help customers quickly and effectively prevent and deter cyber threats, maintaining resilience in a fast-evolving threat landscape.”
“Darktrace is an excellent fit for Cado, providing an opportunity for growth and innovation while allowing our team to advance their careers within a dynamic company deeply committed to research and development and to protecting its customers from growing cyber threats,” said Cado CEO and Founder James Campell. “Our technologies build on each other’s strengths.”
The acquisition is subject to receipt of regulatory approval and is expected to close in February.
