Progress announced the Q4 2024 release of its award-winning Progress® Telerik® and Progress® Kendo UI® component libraries.
ARMO announced its launch out of stealth having secured $4.5 million in seed funding from Pitango First.
The company plans to use the funds to expand its go-to-market efforts and commercial offering of its technology.
ARMO Workload Fabric provides DevOps teams with a new approach to cloud-native workload and application deployment that infuse inherent security and visibility into applications, and creates a virtual control plane that can be easily deployed in any cloud-native environment.
ARMO Workload Fabric also provides an in-memory security layer, and governance layers, such as data flow compliance, transparent data protection, and secured tunneling and networking. In addition, the platform seamlessly integrates into the DevOps pipeline at the CI/CD phase, eliminating operational complexity.
"With the growing complexity and highly dynamic nature of modern applications and cloud environments, changing even hundreds of times a day, security gaps like software vulnerabilities and excessive privileges, are becoming harder to monitor and remediate. This highlights the importance of incorporating control and security capabilities at runtime," said Shauli Rozen, CEO and Co-Founder of ARMO. "Existing runtime technologies such as side-cars and RASP fall short when it comes to security, performance and deployment...''
"The growing misalignment between the adoption of cloud-native and Kubernetes by larger enterprises, and the fragmented and costly first generation solutions such as side-cars, container security, etc. has created a need and opportunity for a new generation of solutions," said Yair Cassuto, Partner at Pitango First, who joined ARMO's Board of Directors. "Seeing ARMO's novel approach and how it enables the desired continuous control, deep visibility and tight security for any cloud application at extreme simplicity, has led us to join and invest in the company."
ARMO was founded by cloud and security industry veterans Shauli Rozen, Leonid Sandler and Benjamin Hirschberg. Sandler and Hirschberg bring their experience from building the video security solution for NDS, which was acquired by CISCO for $5 billion.
Industry News
Check Point® Software Technologies Ltd. has been recognized as a Leader and Fast Mover in the latest GigaOm Radar Report for Cloud-Native Application Protection Platforms (CNAPPs).
Spectro Cloud, provider of the award-winning Palette Edge™ Kubernetes management platform, announced a new integrated edge in a box solution featuring the Hewlett Packard Enterprise (HPE) ProLiant DL145 Gen11 server to help organizations deploy, secure, and manage demanding applications for diverse edge locations.
Red Hat announced the availability of Red Hat JBoss Enterprise Application Platform (JBoss EAP) 8 on Microsoft Azure.
Launchable by CloudBees is now available on AWS Marketplace, a digital catalog with thousands of software listings from independent software vendors that make it easy to find, test, buy, and deploy software that runs on Amazon Web Services (AWS).
Kong closed a $175 million in up-round Series E financing, with a mix of primary and secondary transactions at a $2 billion valuation.
Tricentis announced that GTCR, a private equity firm, has signed a definitive agreement to invest $1.33 billion in the company, valuing the enterprise at $4.5 billion and further fueling Tricentis for future growth and innovation.
Check Point® Software Technologies Ltd. announced the new Check Point Quantum Firewall Software R82 (R82) and additional innovations for the Infinity Platform.
Sonatype and OpenText are partnering to offer a single integrated solution that combines open-source and custom code security, making finding and fixing vulnerabilities faster than ever.
Red Hat announced an extended collaboration with Microsoft to streamline and scale artificial intelligence (AI) and generative AI (gen AI) deployments in the cloud.
Endor Labs announced that Microsoft has natively integrated its advanced SCA capabilities within Microsoft Defender for Cloud, a Cloud-Native Application Protection Platform (CNAPP).
Progress announced new powerful capabilities and enhancements in the latest release of Progress® Sitefinity®.
Red Hat announced the general availability of Red Hat Enterprise Linux 9.5, the latest version of the enterprise Linux platform.
Securiti announced a new solution - Security for AI Copilots in SaaS apps.
Spectro Cloud completed a $75 million Series C funding round led by Growth Equity at Goldman Sachs Alternatives with participation from existing Spectro Cloud investors.