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Company profile

Butterfly Network, Inc., formerly Longview Acquisition Corp., is a digital health company. The Company is principally engaged in offering medical imaging system, Butterfly iQ. The Butterfly iQ is a handheld, single probe, whole-body ultrasound system, which uses semiconductor technology. The Company's products are powered by its Ultrasound-on-Chip technology, which is an ultrasound transducer that can perform whole-body imaging. Its ultrasound system is comprised of both hardware and software solutions designed to make ultrasound imaging accessible to all healthcare practitioners, including nurses, midwives and ultimately patients directly. Butterfly iQ is commercially available in approximately 20 countries, including the United States, Canada, Australia, New Zealand and Europe. The Company also has an eCommerce Website through which it sells its Butterfly iQ+ to healthcare practitioners. Its Butterfly iQ+ connects to a smart phone or tablet to perform ultrasound scans.

Price
Delayed
$7.65
Day's Change
0.18 (2.41%)
Bid
--
Ask
--
B/A Size
--
Day's High
7.67
Day's Low
7.64
Volume
(Heavy Day)

Today's volume of 659,153 shares is on pace to be much greater than BFLY's 10-day average volume of 3,843,572 shares.

659,153

BlackBerry Announces XDR Ecosystem Partners Okta, Mimecast, Stellar Cyber and XM Cyber

8:00 am ET October 13, 2021 (PR Newswire) Print

Expanded Ecosystem Delivers Comprehensive Solutions to Address Increasing Cyberthreats

BlackBerry Limited (NYSE: BB; TSX: BB) today announced new partners Okta, Mimecast, Stellar Cyber and XM Cyber to its extended detection and response (XDR) ecosystem. These new partnerships will help to deliver a cohesive, holistic view of a customer's security threat posture.

https://mma.prnewswire.com/media/726868/BlackBerry_Logo.jpg

BlackBerry's cloud-delivered XDR provides a set of security products and modules designed to interoperate and coordinate on threat prevention, detection, and response, powered by a purpose-built cloud-native unified cybersecurity platform. BlackBerry's XDR addresses the challenges faced by SOC teams by unifying siloed tools (including select third parties) into security platforms that natively collect, ingest, correlate, and stitch together telemetry collected across the entire attack surface, such as, endpoints, cloud, networks, user, apps and mobile, into its centralized cloud-native data lake.

BlackBerry's XDR ecosystem is unique in the market in that it is built on a prevention-first platform approach. Unlike competing XDR ecosystems which use a response-first approach, BlackBerry's prevention-first approach allows threats to be identified in a partner's telemetry before the threat propagates further in the environment.

"The global shift to remote work arrangements has increased cybersecurity risks beyond experts' initial estimates," comments Billy Ho, Executive Vice President of Product Engineering, BlackBerry. "To address the growing number and severity of cyberthreats BlackBerry is expanding its XDR partner ecosystem to work with industry leaders and meet the demands of today's workplace, delivering comprehensive solutions that include network telemetry, behavioral analysis and continuous authentication, in addition to the capabilities that our partners are providing."

BlackBerry's XDR is built on the foundation of BlackBerry's endpoint detection and response (EDR) workflows, and it expands these across the entire attack surface. BlackBerry's XDR then applies both built-in threat models mapped to MITRE ATT&CK(R) TTP and AI-enabled behavioral detection for preventing and detecting KNOWN and UNKNOWN threats in real-time. It also stitches the siloed security signals into a high-fidelity incident investigation timeline summary that helps connect and visualize the broader kill chain view.

BlackBerry is working with additional partners to expand its XDR ecosystem and looks forward to making additional partner announcements in the future.

To find out more about becoming a BlackBerry partner, please visit https://www.blackberry.com/us/en/partners

Partner quotes:

"Simply put, identity must be a critical component of your overall security strategy. With Okta and BlackBerry working together we can improve security, visibility, and event correlation for users, endpoints and networks." said Lee Tschetter, Director of Technical Strategy, at Okta. "Our mutual customers are already benefiting from the integration between Okta and the BlackBerry(R) unified endpoint security (UES) platform, so this investment into XDR will further enable any organization to provide improved security, and a best-in-class user experience, in an increasingly complex work environment."

"We are delighted to be working with BlackBerry to enhance XDR capabilities for joint customers," said Jules Martin, VP ecosystem and alliances at Mimecast. "Email is the number one attack vector for threat actors, and in this new era of remote and hybrid work, attacks have become more advanced and prolific. Defending against email threats is essential - so with the threat protection provided by Mimecast's comprehensive cloud-based email security solution combined with endpoint, user and network visibility from BlackBerry's XDR platform, joint customers will have greater insights into the threat vectors attempting to compromise business email."

"BlackBerry is a leader in leveraging ML for cyberattack prevention, and Stellar Cyber complements their solutions by leveraging ML to automate threat detection and response," said Brian Stoner, VP of Service Providers at Stellar Cyber. "Through this partnership, our resellers and go-to-market partners can deliver additional value to BlackBerry customers by adding advanced security operations center capabilities to their existing investments."

About BlackBerryBlackBerry (NYSE: BB; TSX: BB) provides intelligent security software and services to enterprises and governments around the world. The company secures more than 500M endpoints including over 195M vehicles. Based in Waterloo, Ontario, the company leverages AI and machine learning to deliver innovative solutions in the areas of cybersecurity, safety and data privacy solutions, and is a leader in the areas of endpoint security, endpoint management, encryption, and embedded systems. BlackBerry's vision is clear - to secure a connected future you can trust.

BlackBerry. Intelligent Security. Everywhere.

For more information, visit BlackBerry.com and follow @BlackBerry.

Trademarks, including but not limited to BLACKBERRY, EMBLEM Design and QNX are the trademarks or registered trademarks of BlackBerry Limited, and the exclusive rights to such trademarks are expressly reserved. All other trademarks are the property of their respective owners. BlackBerry is not responsible for any third-party products or services.

Media Contact:BlackBerry Media Relations+1 (519) 597-7273mediarelations@BlackBerry.com

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View original content to download multimedia:https://www.prnewswire.com/news-releases/blackberry-announces-xdr-ecosystem-partners-okta-mimecast-stellar-cyber-and-xm-cyber-301399106.html

SOURCE BlackBerry Limited

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COMTEX_395097353/1005/2021-10-13T08:00:36

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