Vendor plans to pad Crosswork Network Automation portfolio with added data collection, visualization features
Cisco Systems this week said it plans to acquire Singularity Networks, a Lone Tree, Colorado-based maker of log and network traffic analytics solutions for the enterprise and managed service markets.
The Lowdown: The purchase, for an undisclosed amount, gives Cisco a deep bench of real-time network infrastructure analytics capabilities used to capture, enrich, and visualize network and applications data. Those analytics can be used by enterprise and service organizations to improve network security and performance, ensure regulatory compliance, track and manage cloud costs, and reduce downtime.
The Details: Singularity Networks will join the automation group within Cisco’s Service Provider Business Unit and Singularity’s analytics capabilities will be integrated into Cisco’s Crosswork Network Automation portfolio.
The Impact: Singularity’s Networks Elevation integrated analytics platform is useful for managed security service providers (MSSPs) seeking unified dashboard and visualization capabilities for SOC offerings that must accept inputs from a diverse array of customer networks and systems.
Background: Privately held Singularity Networks was founded in 2014 and has raised a total of $4 million in seed funding over two funding rounds in 2015 and 2016. The company, which has fewer than a dozen employees according to LinkedIn, has previously partnered with Cisco as well as other vendors including Microsoft, Red Hat, and Juniper. Cisco expects to complete the acquisition of Singularity by the end of the third quarter.
The Buzz: “Service providers today are challenged to meet intense demands for always-on connectivity powered by reliable, high-speed bandwidth,” said Rob Salvagno, vice president of corporate development and Cisco investments, in a blog post announcing the acquisition. “They need a holistic view of network performance to anticipate and proactively manage their traffic patterns. With network automation software and innovative data collection techniques, we are helping our service provider customers transform how they operate their infrastructure.”