Fortune, a global leader in business journalism, recently highlighted Fishtech’s investment in security analytics pioneer Haystax Technology in its daily Term Sheet featuring the top news in venture deals, private equity deals and IPOs.
In December, Fishtech invested $4 million in Haystax Technology to expand the company’s product offerings into new commercial markets. As part of the deal, Fishtech added Haystax’s flagship security analytics platform, Haystax, to its portfolio of next-generation security solutions that deliver operational efficiencies and improved security posture to organizations in a wide array of sectors.
Fishtech anticipates bundling Haystax’s solutions with other complementary solutions to reach existing customers, as well as helping to develop and build a scalable channel sales program to reach additional customers in finance, healthcare and other sectors where decision-makers face difficult security challenges.
According to Fischtech founder and entrpreneur Gary Fish, “We want to enable organizations to embrace the benefits of digital transformation through next-generation security solutions.” Haystax Technology, he said, “is one of our best-of-breed partners that will help us reach this vision while leading the security analytics market into a new phase of multi-billion-dollar growth.”
Please click here to read the full Term Sheet on Fortune.com
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Haystax is Hiring!: As Haystax Technology ramps up its presence in new commercial sectors and continues its platform and product innovations for existing private-sector and government clients, we are looking for top-performing talent to join our team and help solve the world’s most challenging security problems. If you are a software developer, analyst, data scientist, professional services engineer or sales engineer with a passion for excellence, we’d love to hear from you. Check out the Haystax Jobs page for our latest open positions.