Palo Alto Networks to drop ~$460 mil on cloud companies Twistlock and PureSec
Cyberviser » Cloud Security
by Angharad Gilbey
5y ago
Palo Alto Networks has entered into definitive agreements to acquire container security provider Twistlock and serverless security company PureSec. The acquisitions are part of Palo Alto Networks’ cloud security strategy, with the two companies’ offerings to be integrated into Palo Alto Networks’ Prisma security suite.  “Our vision for a cloud-native security platform is a natural fit with Palo Alto Networks cloud strategy. We have liked-minded teams, and we’re looking forward to accelerating our ability to serve customers and partners on their cloud-native journey together,” said B ..read more
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Ex-Malwarebytes SVP joins CloudKnox as COO
Cyberviser » Cloud Security
by Angharad Gilbey
5y ago
Identity and privilege management provider CloudKnox Security has announced the appointment of Raj Mallempati as Chief Operating Officer. CloudKnox Security, an early stage venture, offers a cloud security platform which focuses on managing identity privileges in public and private cloud environments, including hybrid and multi-cloud. It takes an activity rather than role-based approach, centred around simplifying the assignation of distinct privileges based on which ones are truly needed, and reconciling those privileges across hybrid environments. Founded less than five years ago ..read more
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F5 Networks appoints new EVPs in marketing, technology
Cyberviser » Cloud Security
by Angharad Gilbey
5y ago
F5 Networks has appointed a new Chief Technology Officer and created the role of Chief Marketing & Customer Experience Officer, it revealed yesterday. Mika Yamamoto, Executive Vice President and Chief Marketing & Customer Experience Officer, began her new role on Monday. Her responsibilities include leading the company’s marketing strategies across segments, channels and geographies, and ensuring the company’s digital transformation is centred around customer experience. She joins F5 Networks from Marketo, where she was President up until its acquisition by Adobe, after which ..read more
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Proofpoint to pay $120M for zero trust startup Meta Networks
Cyberviser » Cloud Security
by Angharad Gilbey
5y ago
Proofpoint has entered into a definitive agreement to acquire Israeli startup Meta Networks for approximately $120M in cash and stock. Meta Networks, founded in 2016 by Alon Horowitz (VP R&D), Etay Bogner (CEO) and Shmulik Ladkani (CTO), is based in Tel Aviv and focuses on zero trust network access, describing itself as “reinventing the secure enterprise network for the cloud age”. The company is funded by BRM Capital and Vertex Ventures, which had invested a total of $10 million in a seed funding round. Together with Proofpoint, we will continue to realize a security vision ..read more
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Symantec acquires Luminate Security for an estimated $200M
Cyberviser » Cloud Security
by Angharad Gilbey
5y ago
Symantec has announced the acquisition of cloud security company Luminate Security. Financial terms of the acquisition were not disclosed, but according to Israeli publication Globes, sources close to the deal estimate the price at approximately $200 million. Luminate Security, founded in 2017, aims to turn the BeyondCorp concept into a SaaS solution. Its Secure Access Cloud agentless solution is intended to let users connect to corporate applications without using traditional VPN appliances, and without granting access to the entire network. As corporate applications continue to m ..read more
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Fugue announces new CEO
Cyberviser » Cloud Security
by Angharad Gilbey
5y ago
Cloud security and compliance automation provider Fugue has announced Phillip Merrick’s appointment as its new CEO. Merrick has taken over as CEO from Fugue co-founder Josh Stella, who has taken on the CTO role. Josh and his team have created a strong foundation, and I am excited to help the company capitalize on it. – Phillip Merrick, CEO, Fugue “There aren’t too many people qualified to run a rapidly growing software company with first-class financial backing and market-creating technology, but Phillip fits the bill,” said Stella. “Bringing Phillip on board will allow me to devote 100 per ..read more
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Armor appoints new CEO
Cyberviser » Cloud Security
by Angharad Gilbey
5y ago
Cloud security solutions provider Armor has announced that Mark Woodward will be joining the company as CEO. Woodward will be taking over from Chris Drake, who founded the company and who will be the company’s Chief Technology Officer going forward. He will remain a member of the board, but will be focusing more extensively on product strategy, including developing strategic partnerships, creating business opportunities, and advancing Armor’s long-term product vision. Armor is growing quickly and in a strong financial position, and it is time to double-down. – Chris Drake, founder, CTO and f ..read more
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Netskope announces Sift Security acquisition
Cyberviser » Cloud Security
by Angharad Gilbey
5y ago
Cloud security provider Netskope has acquired startup Sift Security, it announced yesterday. Financial terms of the deal were not disclosed, but as part of the acquisition, Sift’s technology (including the Cloud Hunter platform) will be brought into the Netskope Security Cloud, and Sift Security’s technical employees and its CEO Neil King will join Netskope. Sift Security, which was founded in 2014, had raised $3.3 million in angel funding from Freeman Group. Sift Security and its Infrastructure-as-a-Service (IaaS) platform Cloud Hunter use machine learning and anomaly detection to improve br ..read more
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Baffin Bay Networks raises $6.4M Series A funding
Cyberviser » Cloud Security
by Angharad Gilbey
5y ago
Swedish cybersecurity startup Baffin Bay Networks has raised $6.4 million in Series A funding. The round, led by the EQT Ventures fund, puts total investment in the cloud-first threat protection platform at $7.2 million since it was founded last year. “We’re passionate about building a world-class threat protection platform – one that is easy to use for any company or service provider to protect their key assets and services,” said Baffin Bay Networks CEO, Joakim Sundberg. The company says that its use of globally distributed ‘Threat Protection Centers’ and machine learning allows it to prote ..read more
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Elastic Beam acquired by Ping Identity
Cyberviser » Cloud Security
by Angharad Gilbey
5y ago
Cloud-based identity management provider Ping Identity has acquired pre-Series A startup Elastic Beam. Ping Identity has released a new product based on Elastic Beam’s technology, which uses artificial intelligence to monitor APIs for compromise. The product, PingIntelligence for APIs, monitors all API activity within an IT environment, including both internally- and externally-facing APIs, and uses AI to detect and respond to anomalous activity. It also produces information for use in compliance, audit and forensic reports. Some of the biggest enterprise breaches over the past year were a r ..read more
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