Rapid7, a provider of security analytics and automation, has acquired Alcide.IO Ltd., 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 9 months, having acquired DivvyCloud, a provider of software for cloud security posture management (CSPM) 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.
Rapid7 acquired Alcide for a total purchase price of approximately $50 million, subject to certain adjustments.
According to Rapid7, organizations are taking advantage of the flexibility, speed, and agility that the cloud offers to accelerate innovation and deliver value to customers faster. With this, developers are increasingly turning to Kubernetes to quickly develop and deliver containerized applications. As part of this paradigm shift, developers have become central to implementing cloud security and it must be delivered in a frictionless way, where and when developers operate.
Rapid7 provides a security operations platform with a broad set of capabilities across SIEM-based incident detection and response, vulnerability management, application security and security orchestration, automation and response.
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 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 visibility and governance, container runtime and network monitoring, as well as the ability to detect, audit and investigate known and unknown security threats.
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.
For more information, go to www.rapid7.com.