GoDaddy Inc (NYSE: GDDY), announced it has entered into an agreement to purchase Sucuri, a leading provider of website security products and services. Financial details of the transaction were not disclosed.
Sucuri is a security platform offering business owners a suite of security tools designed to protect website owners from emerging online threats. Nearly 75 percent of all legitimate websites have unpatched vulnerabilities (according to Symantec Internet Security Threat Report, 2016), and websites that have been blacklisted due to a hack can experience an 80 percent reduction in traffic for more than 48 hours. Sucuri’s suite of tools provide website owners the solution they require to respond to hacks when they occur, while also virtually patching vulnerabilities.
Sucuri is deeply involved in the WordPress community. The company provides an industry-leading security plug-in for the WordPress platform, and actively works to advance the security awareness and management of WordPress websites.
“The vast majority of our customers aren’t website security experts, nor should they need to be to secure their websites,” said Kevin Doerr, Senior Vice President and General Manager of Security, GoDaddy. “Combining Sucuri with GoDaddy’s scale will advance digital security for our customers by making it effortless, timely and affordable. We’ll continue to invest in Sucuri and jointly develop products that propel security solutions forward.”
Known for its research and analysis, Sucuri is a thought leader in the security industry. The Sucuri team is comprised of developers, analysts and researchers all focused on different parts of security attacks. This approach has enabled it to develop a system that provides a seamless flow of information between internal teams and the greater online community. This process has been key to Sucuri’s product evolution and its ability to stay ahead of emerging threats. Like GoDaddy, Sucuri provides its customers with always-on customer service, 24 hours a day, seven days a week.
“Since our inception we have always had a single goal of protecting our customers’ websites. We achieve this with two very simple approaches: build things that deliver value and that stay ahead of emerging threats,” said Sucuri Founder Daniel Cid. “We now have the opportunity to take this same philosophy from a few hundred thousand sites to millions of sites. From our conversations with GoDaddy it became clear that we share the same customer-first philosophy and commitment to helping customers be secure online.”
“Sucuri is going to continue to deliver great products and services to our customers as we always have,” said Sucuri CEO Tony Perez. “Passion for customers and dedication to innovation is why there’s such a strong cultural fit between the two companies. We can’t wait to get started with GoDaddy and help customers around the world.”
Sucuri offerings include:
- Virtual patching and hardening technology via Website Application Firewall (WAF) and Intrusion Prevention System (IPS)
- Performance optimization and traffic management via a Content Distribution Network (CDN)
- Security plugins for the WordPress platform
- A cloud-based backup service to ensure business continuity in the event of disasters
- Real-time mitigation of DDoS attacks
- Continuous monitoring of Indicators of Compromise (IoC)
- Professional incident response when a website has been compromised or blacklisted
Sucuri will continue its normal operations of business. GoDaddy and Sucuri plan to deliver new security products in the near future.
What Does this Mean for Sucuri?
Sucuri will continue to operate as is: “What you can expect however are improvements to our processes and more resources to enable us to continue to invest in the things we love – our team, our customers and our product.”
What Does this Mean for Sucuri Customers?
“There are no changes to our customers. They will continue to get the service they expect, and they will continue to be Sucuri customers. They can also expect improvements to our support services and products as we invest more in those areas in the coming months and quarters.”