Progress announced the Q4 2024 release of its award-winning Progress® Telerik® and Progress® Kendo UI® component libraries.
Rapid7 acquired Alcide, a provider of Kubernetes security based in Tel Aviv, Israel.
This is the second acquisition Rapid7 has made in the cloud security market in the past nine months, having acquired DivvyCloud this past April. Together, these acquisitions will enhance Rapid7’s ability to provide a cloud native security platform to its customers and facilitate continuous management of risk and compliance across their cloud environments.
Alcide’s technology is built to bridge security and DevOps with code-to-production security for Kubernetes deployments. The company’s technology provides Kubernetes security fully integrated into the DevOps lifecycle and processes so that applications can be rapidly deployed while also protecting cloud environments from malicious attacks. Alcide’s cloud workload protection platform (CWPP) provides broad, real-time visibility and governance, container runtime and network monitoring, as well as the ability to detect, audit and investigate known and unknown security threats.
Rapid7 provides comprehensive security operations with a broad set of capabilities across SIEM-based incident detection and response, vulnerability management, application security and security orchestration, automation and response.
With this acquisition, Rapid7 will expand and strengthen its cloud security offering, bringing together Alcide’s cloud workload protection (CWPP) capabilities with the company’s existing cloud security posture management (CSPM) and infrastructure entitlements (CIEM) capabilities, to provide customers with a more holistic, unified experience for managing the challenges of cloud-native application security.
“The technical talent within Israel’s cybersecurity ecosystem is unparalleled and we look forward to working together with the Alcide team to provide organizations with comprehensive cloud security that drives business growth and innovation.” said Corey Thomas, Chairman and CEO of Rapid7.
“Kubernetes is quickly becoming the preferred platform for automating deployment, scaling, and managing containerized applications. In order to take full advantage of the speed and innovation Kubernetes can unlock for an organization, security needs to be tightly integrated without getting in the way,” said Brian Johnson, Senior VP of Cloud Security at Rapid7. “With Alcide, we can enable organizations to continuously secure and protect their growing Kubernetes deployments while giving developers the freedom to rapidly develop and deliver applications.”
Industry News
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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.