FireEye jumps after launching managed security service

|By:, SA News Editor

Managed Defense, a subscription service that complements FireEye's (FEYE +7.7%) threat-prevention hardware and software, relies on FireEye analysts to provide monitoring and incident response services for APT and zero-day attacks.

The service launch comes on the heels of FireEye's acquisition of endpoint security upstart Mandiant, which already offers incident response and threat-assessment services.

Leveraging Mandiant's products, FireEye launched a new endpoint threat detection/response solution earlier this month - it features both a security appliance and endpoint software.

FireEye's product subscription billings totaled $38.7M in Q4, or 40% of total billings.