CyberArk has acquired Vaultive to offer you a more powerful range of privileged account protection answers in the cloud.
On Monday, the Newton, Mass.-primarily based cybersecurity firm said that individual property of the privately-held Vaultive have been ordered, which will “significantly simplify the user expertise for privileged company users and cloud administrators when extending proactive protection controls.”
Financial particulars of the deal were not disclosed.
Israel’s Vaultive develops answers to safe privileged accounts used for cloud expert services. The company says it “mitigates danger” by creating absolutely sure buyers hold on to their encryption keys, used to safe cloud accounts, and this lowers the likelihood of compromise which could give the command of accounts with high permission stages to danger actors.
Launched in 2009, the company has elevated a full of $19 million by Angel, Enterprise, Collection A, and Collection B funding rounds.
Traders bundled 406 Ventures, Harmony Associates, New Science Ventures, and Founder Collective.
CyberArk says the acquisition will bolster the firm’s “leadership in securing modern day infrastructure and apps.”
Vaultive’s technologies will be used in the CyberArk Privileged Account Security Option, intended for hybrid cloud environments and DevOps workflows. CyberArk says that Vaultive’s contributions will bolster visibility and command in excess of privileged company users, Application-as-a-Assistance (SaaS), Infrastructure-as-a-Assistance (IaaS) and Platform-as-a-Assistance (PaaS) administrators in cloud environments.
“I am really happy of every thing that the Vaultive team accomplished,” said Ben Matzkel, founder, and CTO of Vaultive. “It’s getting increasingly very clear that buyers drive a unified protection strategy that extends from the details heart to the cloud. We appear ahead to doing work intently with CyberArk buyers around the globe to advance their privileged account protection techniques for the cloud.”
The acquisition has now shut.