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Mastercard Invests in Defense of Global Digital Economy With Acquisition of Recorded Future


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2024-09-12 16:32:15
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Cybersecurity Business

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Mastercard acquires Recorded Future for $2.65B, enhancing global cybersecurity. Discover how this partnership scales threat intelligence, AI solutions, and our commitment to protecting organizations worldwide while continuing to operate as an independent platform.

Recorded Future is excited to announce that we are being acquired by one of the worlds most trusted and recognized companies, Mastercard, in a transaction valued at $2.65B. This marks an important milestone in our journey, which began in 2007 with the creation of the original patent for what would become the Recorded Future Intelligence Platform.

Over the years, we have partnered with top-tier venture firms, including Google Ventures and In-Q-Tel, and were later acquired by Insight Partners in 2019 for $780M. Now, with Mastercard, we are embarking on the next phase of our growth, broadening our threat intelligence strategy and expanding our global reach.

Recorded Future is the largest independent intelligence business in the world, with our platform being relied upon by organizations of all sizes. From small businesses to Fortune 500 companies and even national governments, our intelligence capabilities are trusted to pinpoint and prioritize threats, enabling our customers to mitigate risks effectively.

This mission remains unchanged: We will continue to operate as the same company, but now with a new owner and an even greater capacity to scale. As an independent subsidiary of Mastercard, we will leverage advanced AI tools and techniques to deliver threat intelligence on a global scale, empowering our analysts and clients to better protect their organizations.

To our valued clients worldwide, our commitment to you is as strong as ever. Our ability to provide threat intelligence at the speed and scale of the internet will only grow with this partnership, ensuring that we continue to meet your evolving needs.

We remain dedicated to operating as an independent and open intelligence platform. Our relationship with Mastercard will allow us to tap into new resources and expertise while maintaining the same focus on delivering the worlds leading intelligence solutions across cyber, geopolitical conflict, and disinformation domains.

Looking to the future, the challenges facing economic security and societal trust are ever-present. Together with Mastercard, Recorded Future is well-positioned to confront these challenges head-on and drive greater impact for our customers around the globe.

We look forward to this exciting new chapter and the opportunities it brings to further secure the digital world.



Source: RecordedFuture
Source Link: https://www.recordedfuture.com/blog/mastercard-invests-defense-global-digital-economy-acquisition-recorded-future


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