Bloomberg Beta and GV are set to exit the data analytics technology developer in a $155m transaction that will follow about $33m in funding.
Cybersecurity technology producer SentinelOne agreed on Tuesday to acquire US-based data analytics software provider Scalyr in a $155m deal enabling investment vehicles for media group Bloomberg and internet technology group Alphabet to exit.
Scalyr has built an advanced analytics platform that logs data on network events for analysis, security, regulatory compliance and data forensics.
SentinelOne, which utilises a cross-layered detection and response model known as XDR, will use the company’s software to consume, correlate, search and use data from any…