Exabeam and LogRhythm have announced the successful completion of their previously announced merger. The merged organization, to be known as Exabeam, will provide customers with an AI-driven security operations platform fortified with high-integrity data ingestion.
The new leadership team will include;
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Christopher O’Malley – Chief Executive Officer
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Steve Wilson – Chief Product Officer
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Kevin Kirkwood – Chief Information Security Officer
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Allwyn “Olly” Lobo – Chief Development Officer (Cloud-native SIEM)
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David Rizzo – Chief Development Officer (Self-managed SIEM)
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Barry Capoot – Chief Financial Officer
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Joanne Wong – Chief Marketing Officer
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Matt Sarafian – Chief People Officer
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Chris Cesio – Chief Revenue Officer
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Peter Harteveld – Chief Value Creation Officer
Exabeam has also unveiled its forward strategy. The company remains committed to quarterly launches to its cloud-native and on-premises SIEM offerings as demonstrated by LogRhythm since July 2022. By integrating AI-driven automation with reliable data, Exabeam aims to streamline security operations and accelerate TDIR, empowering security teams to focus on quickly and effectively mitigating complex threats. On-premises LogRhythm SIEM customers will benefit from the powerful analytics offered through the Exabeam platform to combat sophisticated and credential-based attacks.
“We are on the brink of a revolutionary shift in cybersecurity,” said Exabeam CEO Christopher O’Malley. “By merging cutting-edge, AI-driven technology from Exabeam with the unmatched data integrity of LogRhythm, we are setting a new, unparalleled standard for security operations.”
“Our team is stacked with expertise from both organizations that will accelerate our ability to deliver customer value,” said Exabeam CHief Product Officer Steve Wilson. “The Exabeam Security Operations Platform offers a comprehensive, foundational solution adaptable to any business – whether leveraging cloud infrastructure, adopting a hybrid model, or staying on-premises.”
At the same time, Exabeam has released some details of its forward strategy. The company said it remained committed to quarterly launches to its cloud-native and on-premises SIEM offerings, as demonstrated by LogRhythm since July 2022. By integrating AI-driven automation with reliable data, Exabeam aims to streamline security operations and accelerate TDIR. On-premises LogRhythm SIEM customers will benefit from the powerful analytics offered through the Exabeam platform to combat sophisticated and credential-based attacks.
J.P. Morgan Securities LLC acted as exclusive financial advisor and Goodwin Procter LLP acted as legal advisor to Exabeam on the merger transaction. Kirkland & Ellis LLP acted as legal advisor to LogRhythm on the transaction.
