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Metabase Q and Mandiant (NASDAQ: MNDT) have formed a strategic alliance to enhance cybersecurity services in Latin America, including countries like Mexico, Brazil, and Argentina. Mandiant, acquired by Google for $5.4B, reported $138M in revenue during Q2 2022, showing a 21% growth year-over-year. The partnership aims to leverage Mandiant's global threat intelligence and Metabase Q's regional expertise, addressing a rapidly growing cybersecurity market projected to exceed $5 billion with a CAGR above 10% until 2026.
On September 12, 2022, Google announced the completion of its acquisition of Mandiant (NASDAQ: MNDT), a leader in cybersecurity, enhancing Google Cloud's security offerings. Mandiant, known for its threat intelligence and incident response, will retain its brand under Google Cloud. The merger aims to deliver a comprehensive security operations suite, addressing the increasing cybersecurity challenges faced by organizations worldwide. This strategic move positions Google Cloud to provide enhanced protection against cyber threats, reinforcing its commitment to industry-leading security capabilities.
Mandiant, Inc. (NASDAQ: MNDT) announced details for the mWISE Conference 2022, taking place from October 18-20 in Washington, D.C., with a virtual option available. This inaugural vendor-neutral conference aims to unite the global cyber security community in combating persistent threats. The event features over 25 exhibitors, 70 breakout sessions, and keynotes from industry leaders, including Kevin Mandia and Jen Easterly. Early bird rates are available until September 9.
Mandiant, Inc. (NASDAQ: MNDT) reported its second-quarter 2022 financial results, revealing revenue of $138 million, a 21% increase year-over-year. The annualized recurring revenue reached $306 million, up 25% from the previous year. Deferred revenue increased by 37% to $408 million. However, the company reported a GAAP net loss per share of 41 cents, slightly improving from 44 cents in the same quarter of 2021. The company will not provide future financial guidance due to its ongoing acquisition by Google.
SecurityWeek reports that more than 230 cybersecurity mergers and acquisitions (M&A) occurred in the first half of 2022, with total deal values exceeding
Metabase Q has appointed John Watters, President and COO of Mandiant (NASDAQ: MNDT), to its Board of Directors as an independent member and investor. This follows a recent funding from SYN Ventures, led by former Fortune 500 cybersecurity executives. Watters brings two decades of experience in cybersecurity and aims to enhance Metabase Q's managed services approach. He emphasized the company's potential to add significant value in Latin America, where the cybersecurity ecosystem is still developing.
Mandiant (NASDAQ: MNDT) has launched a beta program for its Managed Detection and Response (MDR) service, targeting select CrowdStrike Falcon and SentinelOne Singularity Endpoint customers. This initiative provides 24/7 monitoring by Mandiant experts, enhancing cybersecurity for participating organizations. The company aims to leverage frontline expertise and advanced threat intelligence to improve response times and minimize risks. The feedback from participants will shape future service innovations, reinforcing Mandiant's commitment to evolving its cybersecurity offerings.
Mandiant, Inc. (NASDAQ: MNDT) announced that Avera Health is the first recipient of the 2022 Mandiant Academy Quarterly Grant Program, aimed at addressing the cybersecurity skills gap through expert-led training. Avera, employing 20,000 people across 330 locations, prioritizes cybersecurity amid increasing threats to the healthcare sector. The grant will provide Avera's cybersecurity team with up to 960 hours of on-demand training, enhancing their capabilities against ransomware attacks and protecting vital patient information.
Mandiant, Inc. (NASDAQ: MNDT) has launched the Mandiant Cyber Alliance Program to enhance its technology partnership ecosystem. This program aims to provide organizations with superior cyber security solutions through strategic partnerships. Mandiant emphasizes its intelligence-led approach, integrating various security technologies to better defend against evolving cyber threats.
Partners include industry leaders like Cloudflare, CrowdStrike, and Microsoft. The program offers benefits such as access to nation-grade threat intelligence, technical integration with the Mandiant Advantage platform, and collaborative market opportunities.