Datadog to Acquire Sqreen, Extending Cloud Security Capabilities

Palo Alto – February 18, 2021 – Cooley advised Datadog, the monitoring and security platform for cloud applications, on its agreement to acquire Sqreen, a SaaS-based security platform that enables enterprises to detect, block and respond to application-level attacks. Lawyers Steven Tonsfeldt, Ian Nussbaum and Izzy Lubarsky led the Cooley team advising Datadog.

“In combining Sqreen with Datadog, we plan to close the gap between application developers and security teams and provide our customers robust application security, without the disjointed visibility, high implementation costs and steep learning curve of traditional application security products,” Datadog CEO Olivier Pomel said in a news release.

Datadog’s SaaS platform integrates and automates infrastructure monitoring, application performance monitoring and log management to provide unified, real-time observability of its customers’ entire technology stacks. Datadog is used by organizations of all sizes and across a range of industries to enable digital transformation and cloud migration, drive collaboration among development, operations, security and business teams, accelerate time to market for applications, reduce time to problem resolution, secure applications and infrastructure, understand user behavior and track key business metrics.

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