Rapid7 that is into the field of compliance and Cybersecurity have recently gained Alcide business for $50 million. Trade analysts say that the former will use the latter’s technology such as cloud workload protection into its products and services from near future.
Nowadays, companies want security solutions that protect workloads in cloud deployments and Alcide does the same by offering a real-time visibility and governance in container runtime and network monitoring.
According to a source from Rapid7, Alcide has developed a technology on a recent note that can help detect unknown threats in Kubernetes at an early stage and
“We are thrilled to welcome Alcide onto the platform of Rapid7 and home the technology helps are ecosystem of Cybersecurity with great comprehensiveness,” said Corey Thomas, Chairman and CEO of Rapid7.
Highly placed sources say that the deal was closed in Oct’2020 and so would not show any impact in the financial results of Rapid7 in 2021.
“We are extremely pleased to join Rapid7 as it gives us a privilege to introduce our latest Kubernetes Security platform to a broader set of customers,” says Amir Ofek, the CEO of Alcide.
To those uninitiated, the purchase of Alcide comes just after 10 months of Rapid7 acquiring DivvyCloud for $145 million and the technology is helping the former by keeping the customers cloud and container environments secure from misconfiguration, policy violations, external and internal threats and access management challenges.
Note- Rapid7 bought Alcide almost a year ago when both the company leaders met each other at KubeCon San Diego. And as the visionary and cultures on both teams matched each other, Ofek was happy to integrate his company’s tech with Rapid7.