Netwrix

Netwrix is an Irvine, California-based [1] private IT security software company that develops change management software to help companies with security and compliance auditing.[2] After six acquisitions the company's team geographically expanded to Latin America, UK, Asia, USA as well as other countries.[3] The company's flagship products are Netwrix Auditor and StealthAUDIT that help information security and governance professionals manage sensitive, regulated and business-critical data.[4][5][6]

Netwrix
TypePrivate
IndustryIT Software
Founded2006
Founders
  • Alex Vovk
  • Mike Walters
Headquarters
Area served
United States, EMEA, Asia Pacific
Key people
  • Steve Dickson, CEO
ProductsNetwrix Auditor; Netwrix StealthAUDIT
Websitenetwrix.com

The company operates in the United States, EMEA and Asia Pacific region.[7][8]

History

Netwrix was founded by Mike Walters and Alex Vovk in 2006.

In 2007, Netwrix released its first product, change auditing software for Active Directory.[9] This software was subsequently folded into the company’s Change Reporter Suite, which was later renamed Netwrix Auditor.[9][10]

In 2011, Netwrix released its SCOM Management Pack for Change Reporter Suite, which integrates Netwrix’s auditing solutions with Microsoft System Center.[11]

The company released a new version of Active Directory Change Reporter in November 2012.[12][13]

In June 2013, the company renamed its flagship product, Netwrix Change Reporter, Netwrix Auditor.[14]

On 7 February, 2017 Netwrix secured Series A financing from Washington, DC-based Updata Partners. [15]

On 5 April, 2018 Steve Dickson was appointed as Chief Executive Officer by the company's Board of Directors. Steve Dickson replaced Mike Walters, previous CEO and co-founder and Alex Vovk, President and co-founder. [16]

On 28 November, 2018 Netwrix acquired Concept Searching Limited.[17]

In August 2019, Netwrix formed a strategic partnership with Mott MacDonald, a UK-based consultancy, to offer data classification technology to clients.[18]

In October 2020, Netwrix received a majority investment from TA Associates. [19]

On 4 January, 2021 Netwrix merged with Stealthbits Technologies Inc. Stealthbits provided data security and privacy solutions. [20]

In February 2021, Netwrix acquired Strongpoint, a compliance, change management, and access management solution for Salesforce and NetSuite.

On 16 June, 2021, Netwrix acquired New Net Technologies (NNT), provider of software for change, configuration, vulnerability and asset management.

On 24 March, 2021, Netwrix acquired ANIXIS, a provider of software to enforce password policies.

Netwrix acquired PolicyPak in October 2021. PolicyPack delivered security software to manage on-prem and remote Windows 10 desktops.

Products

The company’s flagship product is Netwrix Auditor, formerly known as Change Reporter Suite.[14] Netwrix Auditor delivers a single console for analysis, alerting and reporting on IT infrastructure changes.[21] It helps organizations track changes and access events across the IT environment, e.g. modifications in security configurations, systems, permissions and data, and provides information as a set of reports.[22] Netwrix Auditor claims to solve security, compliance and operational problems, e.g. it claims to mitigate risk of security breaches, reduce compliance costs and increase the efficiency of IT operations.[2]

In 2014 Netwrix introduced the special edition of Netwrix Auditor for five compliance standards (PCI DSS, HIPAA, FISMA, SOX, GLBA).[23] This edition involved scalability and reporting capabilities, as well as AuditArchive storage that can hold audit data for upward of 10 years.[23]

On 6 August 2019, Netwrix announced Netwrix Data Classification which uses technology from Concept Searching. The product claims to identify sensitive information and reduce its exposure by automatically tagging it with metadata.[24]

In March 2020, Netwrix released an updated version of Data Classification 5.5.2 for Google Drive, enhancement of Microsoft Information Protection (MIP), and CCPA Classification Rules Predefined.[25]

Partnerships

Netwrix is a partner of Microsoft,[8] VMware,[26] EMC, [27]NetApp[28] and HP ArcSight.[29]

References

  1. "Private Equity Firm TA Associates Acquires Cybersecurity Vendor Netwrix". 2 October 2020.
  2. "Behind the Software Q&A with Netwrix CEO Michael Fimin". www.business-software.com. Retrieved 2016-04-05.
  3. "Get to Know: Michael Paye, CTO, Netwrix". 26 August 2021.
  4. "Netwrix StealthAUDIT Reviews, Ratings, and Features - Gartner 2022".
  5. "30 Hottest Tech companies to watch 2019". CIO Bulletin. Retrieved 2019-09-26.
  6. "Netwrix: Number 2333 on the 2015 Inc. 5000". Inc.com. Retrieved 2016-04-05.
  7. "Netwrix: Britain Is European Bridgehead For US Technology". ChannelBiz. 3 September 2013. Retrieved November 4, 2013.
  8. "Microsoft Pinpoint, Find a solution provider". pinpoint.microsoft.com. Retrieved 2016-04-05.
  9. "Active Directory Change Auditing" (PDF). Concentrated Technology. Retrieved November 4, 2013.
  10. "NetWrix Change Reporter Suite" (PDF). Concentrated Technology. Retrieved November 4, 2013.
  11. "NetWrix integrates with Microsoft System Center". Help Net Security. 19 April 2011. Retrieved November 4, 2013.
  12. "NetWrix Releases New Version of Active Directory Change Reporter". Technorati. Retrieved November 4, 2013.
  13. "Active Directory Change Reporter specifications". CNET. Retrieved November 4, 2013.
  14. "Netwrix Change Reporter is Now Netwrix Auditor". Spiceworks. Retrieved November 4, 2013.
  15. "Netwrix Secures Series A Financing to Fuel Accelerated Growth". Updata Partners. 2017-02-07. Retrieved 2019-09-26.
  16. "Netwrix Appoints Steve Dickson as Chief Executive Officer".
  17. FAQ: Concept Searching’s Acquisition by Netwrix Corporation Completed
  18. "Mott MacDonald partners with Netwrix to offer data classification technology to clients". www.smartinfrastructure.com. Retrieved 2019-09-26.
  19. "TA Associates makes majority investment in Netwrix". 2 October 2020.
  20. "Netwrix-Stealthbits Merger Kicks off 2021 Cybersecurity M&A". 4 January 2021.
  21. "IT turns to third-party Active Directory audit tools for Windows data". SearchEnterpriseDesktop. Retrieved 2016-04-05.
  22. Chief, Mirko Zorz-Editor in (26 May 2014). "Change auditing and Netwrix Auditor". Help Net Security. Retrieved 2016-04-05. {{cite web}}: |first= has generic name (help)
  23. "Tech & Tools Watch, August 22: NetApp, Netwrix, Advanced Systems Concepts -- Redmondmag.com". redmondmag.com. Retrieved 2016-04-05.
  24. "Netwrix enhances and simplifies Data Classification platform". ChannelBuzz.ca. 2019-08-21. Retrieved 2019-09-26.
  25. "Netwrix Now Delivers Data Classification for Google Drive and Integrates with Microsoft Information Protection". Martech Series. 11 March 2020. Retrieved 15 May 2020.{{cite web}}: CS1 maint: url-status (link)
  26. "Technology Partners | Solution Exchange". solutionexchange.vmware.com. Retrieved 2016-04-05.
  27. https://multipoint.eu.com/it-auditing-with-netwrix/
  28. https://multipoint.eu.com/it-auditing-with-netwrix
  29. "Netwrix Auditor [CEF Configuration Guide] 6.5 (... | Protect724". protect724.hp.com. Retrieved 2016-04-05.
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