Here is exactly where Maryland performed a position in ID Technologies’ acquisition of Columbia-based Attila Protection

Columbia-dependent cybersecurity enterprise Attila Stability has been acquired by ID Technologies in a move intended

Columbia-dependent cybersecurity enterprise Attila Stability has been acquired by ID Technologies in a move intended to expand the Ashburn, Virginia company’s footprint close to Fort Meade, and expand the current market share for both equally firms in supplying safe remote obtain for the countrywide stability area.

With the offer, Attila’s full crew will join ID Systems and proceed to be primarily based in Maryland. The companies equally make components and computer software products and solutions, which ID Technologies CEO Chris Oliver called “very complementary.” Leaders approach to merge the two mental house and products portfolios into a single giving. Phrases of the offer, and the quantity of staff members in each and every corporation, were not disclosed.

“Together, we will keep on to develop each our products portfolio and work foundation,” Oliver reported.

Attila was established in 2018, and helps make the GoSilent platform, which utilizes encryption to generate a safe url in between a product and a server. This enables remote obtain. It’s a will need that has been notably acute in the course of the pandemic.

“The want for safe remote accessibility options that allow federal government clients to entry labeled info remotely — that marketplace has exploded as the federal government workforce has moved off of on-premises environments to digital workspaces,” Oliver stated. “They’ve had a whole lot of limitations in their skill to accessibility labeled data.”

It is a dynamic that led to Attila looking at an uptick in desire from the federal authorities through 2020. ID Technologies’ merchandise portfolio, known as Archon, has found soaring traction, too.

The providers were being familiar to each other. Attila CEO Gregg Smith, who has led a number of regional cyber and cellular tech firms, has extended recognised users of ID Technologies’ administration workforce ID Systems was established in 1988 and rebranded following getting obtained by private equity organization The Acacia Group in 2017. Moreover, ID Systems is a reseller of Attila’s products. When Attila was thinking of numerous investment and strategic alternatives as it sought to expand to the subsequent phase, the acquisition with ID Technologies ended up being the greatest suit. It also presents opportunity to be a “market leader” in enabling federal government remote perform, both of those from the facet of the company and the “tactical” sides of do the job.

Maryland also figured into the settlement. ID Technologies was trying to find a existence in close proximity to Fort Meade, where by much of the federal government’s cybersecurity functions are headquartered. Attila’s places of work in Columbia are shut to the base, and that has been a as well as for talent as the business has developed, Smith said.

“Maryland has the most effective expertise to construct cybersecurity answers, bar none,” stated Smith, who chairs the board of the Cybersecurity Affiliation of Maryland. “We, in excess of the Attila lifespan, were being fortunate to garner great personnel straight centered in our house condition.”

Attila also extra community traders to its group alongside the way. The enterprise was in the portfolio of Fulton-centered cyber foundry DataTribe and TEDCO, Maryland’s condition-backed company supporting early phase startups. The latter invested in the company’s seed and Sequence A rounds. Vienna, Virginia-centered Blu Enterprise Buyers and Durham, North Carolina-primarily based Bull Town Enterprise Companions have been also investors in the company’s 2020 Sequence A round.

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