NetSPI Acquires Hubble, Strengthening Their Position as a Leader in Cybersecurity Solutions

NetSPI, a provider of security solutions based in Minneapolis, has announced the acquisition of cybersecurity firm Hubble. Hubble was founded in 2020 with the backing of Accel, CrowdStrike Falcon Fund, and Paladin Capital.

Tom Parker, founder of Hubble, will join NetSPI as chief technology officer. Aaron Shilts, CEO of NetSPI, stated that the acquisition is a significant milestone in their transition from point-in-time pentesting to technology-enabled proactive security. He emphasized the importance of visibility in security and noted that their platform provides trusted brands with visibility into external and cloud assets. With Hubble’s CAASM solution, they can offer comprehensive visibility and insights across the entire IT estate.

The acquisition represents a strategic move for NetSPI to enhance their security offerings and expand their capabilities in the cybersecurity industry. The combination of Hubble’s technology and expertise with NetSPI’s established presence in the market is expected to benefit their clients and strengthen their position as a trusted provider of security solutions.