Last Updated: 9 November 2024
COPENHAGEN, October 1, 2024 – Logpoint has acquired Muninn, a Danish cybersecurity firm specializing in AI-driven NDR technology. This addition strengthens Logpoint's Cyber Defense Platform by improving the ability to detect and respond to cyber threats quickly and efficiently. The acquisition marks Logpoint’s continued expansion in Europe, making advanced cybersecurity solutions more accessible across the region.
“Geopolitical unrest, shortage of cybersecurity talent, and commoditization of malware have made the cybersecurity landscape more complex. Organizations and MSSPs need a multi-layered approach to cybersecurity to detect and respond effectively to threats. With Muninn, we can enhance our offering. Together, we add more value to our customers and MSSP partners by drastically improving their chances of preventing cyberattacks through the beneficial combination of AI-driven NDR, SIEM, and automation. We accelerate the innovation of AI-enabled products to advance security posture and minimize cyber risk, and we unite complementary competencies from our respective teams.”
Mikkel Drucker, Logpoint CEO
This partnership significantly improves threat detection and response, allowing companies and MSSPs (Managed Security Service Providers) to better navigate the growing threat landscape. According to Gartner, organizations that integrate SIEM, NDR, and EDR technologies can reduce their response time to cyber threats by half. Muninn’s NDR capabilities provide enhanced network visibility for Logpoint, enabling more efficient Threat Detection, Investigation, and Response (TDIR). Additionally, Logpoint’s platform easily integrates with other cybersecurity tools, ensuring full visibility across the environment.
“We invested in Logpoint to secure digital society and to support UN Sustainable Development Goals (SDG) number nine aimed at building a resilient infrastructure and number 16 promoting effective, accountable and transparent institutions and public access to information. Muninn supports the same SDGs as Logpoint. Together, they will amplify the impact, and it’s a significant step on the route for Logpoint to becoming a European cybersecurity powerhouse, improving cyber resilience across Europe.”
Jacob Frandsen, Partner at Summa Equity, majority owner of Logpoint
Logpoint’s innovation team, led by CTO Christian Have, continues to explore new AI-driven security solutions. The acquisition of Muninn adds more expertise to these efforts, with Muninn’s CEO Andreas Wehowsky and his team joining Logpoint. Wehowsky, who has over two decades of experience in AI and cybersecurity, expressed excitement about the partnership.
“We’re excited to join Logpoint and expand our reach, especially by supporting mid-sized companies in strengthening their defenses,” said Andreas Wehowsky. “By partnering with Logpoint, businesses can better protect their digital assets and focus on what matters most.”
Logpoint is the leading SIEM provider in Europe, using automation and behavioral analytics to address cybersecurity challenges. The company ensures compliance with European regulations like NIS 2 and GDPR, and its platform is backed by the prestigious Common Criteria EAL3+ certification, solidifying its position as a trusted partner in data protection.
