Cybersecurity giant Check Point acquires cloud email security startup Avanan Inc. pegs the acquisition price as between $250 million to $300 million.
Avanan offers a cloud email and security platform uses advanced artificial intelligence to protect inboxes with the click of a button to stop the most sophisticated phishing attacks before they reach the inbox. It offers an application programming interface-based solution that blocks emails inline and implement security for Microsoft Teams.
The platform scans emails after default security, Secure Email Gateways and Advanced Threat Protection.Avanan blocks attacks that evade traditional scans. The company’s AI also learns from relationships between employees, historical emails and communication patterns to build a custom threat profile that blocks attacks specific to each organization.
Avanan’s platform works with a range of services include Office 365, G Suite, Gmail, Slack, Outlook, Dropbox, Box, ShareFile, One Drive and Google Drive.
Avanan platform will be integrated into the Check Point Infinity consolidated architecture. Using Avanan technology designed and built for cloud email environments, the combined product will be the only unified solution in the market to protect the remote workforce from malicious files, URLs and phishing across email, collaboration suites, web, network and endpoints.