Cribl to establish Tel Aviv office through CardinalOps deal

The US telemetry company Cribl will open an office in Tel Aviv after acquiring the Israeli cybersecurity start-up CardinalOps, Calcalist reports. Cribl announced the acquisition on Tuesday; the companies did not disclose the price, but the deal is estimated at approximately 100 million dollars. Following the transaction, CardinalOps employees will join Cribl, which is expected to expand its Israeli operations around the new Tel Aviv office.

Cribl develops an AI-powered telemetry platform for cybersecurity and IT teams and is considered one of the fastest-growing technology companies in the United States, with annual recurring revenue of more than 300 million dollars. CardinalOps builds agentic detection-engineering technology, using artificial intelligence to help organisations continuously assess and improve their threat-detection coverage by mapping security controls against real-world attacker behaviour.

According to the report, the acquisition extends Cribl's platform into security operations, adding detection-engineering capabilities intended to help customers improve threat coverage, reduce data costs and strengthen their security operations centres. The company says the move will let it offer a more flexible alternative to traditional SIEM, or security information and event management, architectures, positioning its open, vendor-agnostic platform against closed security stacks.

Founded in early 2020, CardinalOps is led by Michael Mumcuoglu and Yair Manor, veterans of the Israel Defense Forces' Unit 8200 who previously built companies acquired by major technology firms including Palo Alto Networks and Microsoft. The start-up currently employs about 25 people, most of them in Israel, and has raised about 40 million dollars from investors including Viola Ventures, Glilot Capital and Battery Ventures.

Calcalist reports that the deal reinforces Cribl's strategy of building an open platform rather than another closed security stack, allowing organisations to collect, analyse, move, store and act on telemetry across their environments. By adding CardinalOps' detection-engineering capabilities, Cribl aims to create a broader alternative to legacy SIEM systems based on infrastructure that customers already operate.

For Tel Aviv, the deal adds another multinational technology employer to the city's dense cybersecurity cluster and reflects the continued appetite of US companies for Israeli security talent. It also fits a steady pattern of overseas acquirers establishing or expanding Israeli research-and-development centres through the purchase of local start-ups, keeping engineering teams in place while integrating them into a larger global platform.

Sources: calcalistech.com.

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