Software-Developer Security Vendor Snyk Buys Cloud Security Company
Acquisition helps expand Snyk into the cloud security sector.
In its fifth acquisition in 18 months, Snyk entered the cloud security sector via its announced acquisition today of cloud security and compliance firm Fugue.
Snyk ultimately plans to fold Fugue's cloud security posture and policy management technology into its Snyk Developer Security Platform. In the meantime, it will begin integrating Fugue's technologies for DevSecOps, the company said.
"As we join forces with Snyk today, our founding mission – security by and for developers – doesn't change, but expands exponentially with the scope of the opportunity in front of us," said Josh Stella, co-founder and CEO at Fugue, in a statement. "We're excited to now reach more developers in more places, helping them to not only build our future, but also successfully secure it."
Over the past year-and-half, Snyk has acquired CloudSkiff, FossID, Manifold, and DeepCode. It also closed Series F investment of more than $600 million late last year.
About the Author(s)
You May Also Like
Is AI Identifying Threats to Your Network?
May 14, 2024Where and Why Threat Intelligence Makes Sense for Your Enterprise Security Strategy
May 15, 2024Safeguarding Political Campaigns: Defending Against Mass Phishing Attacks
May 16, 2024Why Effective Asset Management is Critical to Enterprise Cybersecurity
May 21, 2024Finding Your Way on the Path to Zero Trust
May 22, 2024
Black Hat USA - August 3-8 - Learn More
August 3, 2024Cybersecurity's Hottest New Technologies: What You Need To Know
March 21, 2024