CyberArk purchases Cloud Security Company Vaultive

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CyberArk has made it official that it has purchased cloud security company Israeli –American startup Vaultive for an undisclosed price. Founded in 2009, Vaultive is a network layer proxy services provider based in Massachusetts and has an employee count of 34 on a current note.

With the latest acquisition, CyberArk software is planning to advance its Account security offerings by a mile, delivering greater visibility and controls to all its premium business users, Software-as-a-service (SaaS), Infrastructure-as-a-service (IaaS) and Platform-as-a-service (PaaS) administrators.

Furthermore, as users of cloud services are extremely vulnerable to cyber attacks, CyberArk is said to utilize Vaultive technology to help its privileged users attain utmost security while enhancing their mobile experience.

“It’s becoming increasingly clear that customers desire a unified security approach that extends from the data center to the cloud”, said Ben Matzkel, Founder, and CEO of Vaultive. When fortified with the services of Vaultive technology, CyberArk software will be uniquely positioned to meet this critical needs says Matzkel.

Note 1- CyberArk is one of the trusted companies in the world which laser focuses on striking down cyber threats to the core in the corporate world. The company claims that it has it protects critical information assets, infrastructure, and applications of more than 50% of Fortune 100 companies in the world. The company has offices in US, Israel, Australia, France, Germany, Italy, Netherlands, Singapore, Turkey and the UK.

Note 2- CyberArk is known to offer cloud platform support across AWS, Microsoft Azure and Google Cloud Platform and can offer privileged account security offerings on AWS within 15 minutes or less.

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Naveen Goud is a writer at Cyber Security Insiders covering topics such as Mergers & Acquisitions, Startups, Cyber Attacks, Cloud Security and Mobile Security