Upon closing of the acquisition later in Q4, Silver Tail will operate as an independent business unit within RSA, aligning our pioneering technology with RSA’s Identity Protection and Verification portfolio.

Our relentless innovation around analyzing massive quantities of data in real-time and at scale has created a technology suite that provides deep visibility into web traffic and unlocks a wealth of intelligence about user behavior. This capability combined with RSA’s extensive portfolio in fraud prevention and risk-based identity management technologies will enable an amazing combination of security and big data that we believe will drive the next generation of security for enterprises around the world.

Alongside RSA’s proven success, Silver Tail's leadership in the growing web fraud detection market and entrepreneurial culture will further accelerate the adoption of big data analytics for broader consumer and enterprise security use cases.

Today’s news is a strong reflection of the mettle and passion of the Silver Tail team. I’ve been honored to lead this team and to share in their commitment to customer success and fighting cybercrime with innovative technologies that are truly causing market disruption.

But we couldn’t have gotten here without our customers. In the two years since our first product shipped, we’ve successfully deployed at the largest banks, eCommerce providers and technology companies in North America. These milestones would not have been possible without incredible customers who share our vision and dedication to stopping criminals online and the Silver Tail team who is laser focused on customer success. We are grateful for their trust and business and remain steadfast in our commitment to their success. We are thrilled to be joining forces with RSA as we jointly endeavor to help businesses around the world to defend against ongoing attacks.