Description
Mandiant is a publicly traded American cybersecurity firm. It rose to prominence in February 2013 when it released a report directly implicating China in cyber espionage. On December 30, 2013, Mandiant was acquired by FireEye in a stock and cash deal worth in excess of $1 billion. In June 2021, after 7 years of stagnant growth under parent company FireEye, Mandiant sold the FireEye product line, name, and roughly 1300 employees to Symphony Technology Group for $1.2 billion. The remaining organization will focus on Mandiant Advantage and services.
History
Kevin Mandia, a former United States Air Force officer who serves as the company's chief executive officer, founded Mandiant as Red Cliff Consulting in 2004 prior to rebranding in 2006. In 2011, Mandiant received funding from Kleiner Perkins Caufield & Byers to expand its staff and grow its business-to-business operations. Mandiant provides incident response and general security consulting along with incident management products to major global organizations, governments, and Fortune 100 companies. Its 2012 revenues were over $100 million, up 76% from 2011. The company was acquired by FireEye on December 30, 2013. Mandiant was awarded both the 2012 and 2013 SC Award for exemplary professional leadership in information-technology (IT) security. Mandiant is the creator of OpenIOC (Open Indicators of Compromise), an extensible XML schema for the description of technical characteristics that identify threats, attackers' methodologies, and evidence of compromise.
