Google acquired cybersecurity firm Impermium for 9 million dollar
Google acquired Bengaluru based Impermium for 9 million dollar on 20 January 2014.
Google acquired Bengaluru based Impermium for 9 million dollar on 20 January 2014. The acquisition will help Google improve its abuse monitoring efforts and make internet a safer place.
Bengaluru based Impermium is a three year old startup. The startup focused on building security products for websites.
Impermium was founded by two Indians, Vish Ramarao and Naveen Jamal and American Mark Risher. Mark Risher is the CEO of the company.
Prior to Impermium, all three co-founders were in Yahoo Mail, where they dealt with problems of spam, web security and fraudulent account creation.
Impermium has 300000 clients, including Tumblr, Pinterest, CNN, ESPN, Typepad and Washington Post.
The company had built a number of services that worked as a risk-determination system, which could help identify when an account had been compromised.
Earlier, Facebook had acquired Bangalore based Little eye Labs. Acquisitions of India-based startups by the likes of Google and Facebook are expected to provide a big boost to the startup ecosystem.