Netskope acquires digital monitoring firm Kadiska to boost AI capabilities
Secure Access Service Edge (SASE) provider Netskope has acquired Kadiska, a digital experience monitoring company, following the announcement of Netskope’s Digital Experience Management (DEM) capability enhancements.
This includes the introduction of Netskope Proactive DEM (P-DEM), to which the company says boosts Netskope’s advances in the ability to monitor performance across the entire SASE architecture.
The company says Digital Experience Management has become a key component of a SASE architecture, where security and networking converge to securely and optimally connect users, devices and locations to applications, websites and data wherever they reside.
Headquartered in France, Kadiska was founded in 2020 and has a hybrid team of digital experience management specialists.
The company has experience in DEM, Application Performance Monitoring (APM), and Network Performance Monitoring (NPM).
Sharing his thoughts on the acquisition, Sanjay Beri, CEO and co-founder of Netskope, says: “The founding vision of Kadiska matches uncannily well with the Netskope platform vision. Both technologies have been built to recognise the new world where data, users, cloud infrastructure and applications are all dispersed, leaving blindspots and challenges for organizations seeking to control and optimize experience and security.
“We already share some very large global customers, and seeing the appetite for the integration – bringing together the capabilities of both companies – really proved to us the rationale for this acquisition.”
Kadiska’s technology combines real user experience monitoring (RUM) with end-to-end network and application performance visibility from user devices to hybrid, SaaS and cloud applications.
Netskope plans to use these capabilities to enhance its AI and ML experience remediation across its entire portfolio.
“Through a 20 year journey, the Kadiska team has assembled unparalleled experience, bringing together individuals with a deep understanding of the challenges and opportunities for improving digital experience across complex modern infrastructure, applications and hybrid workplaces,” adds Gilles Huguenin, CEO at Kadiska.
“We are incredibly excited that our team and technology has become a part of the Netskope platform as it aligns perfectly with our commitment to helping organizations overcome the historical trade-offs between security and user experience.”
In 2020, Netskope closed a $340 million investment led by Sequoia Capital Global Equities, which gave the SASE company a reported valuation of around $3 billion.
Gartner estimates SASE to be a $36 billion market opportunity by 2025, and predicts the market to grow at a CAGR of 36% over the next five years.
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