Trend Micro Buys Cloud Conformity to Fight Cloud CompetitionTrend Micro Buys Cloud Conformity to Fight Cloud Competition
The cloud security posture management startup was acquired for a reported $70 million.
October 21, 2019
Trend Micro has acquired cloud security posture management vendor Cloud Conformity for a reported $70 million USD, furthering its competitive position in the cloud security market.
Cloud Conformity, founded in Australia in 2016, offers a platform that businesses use to maintain security, governance, and compliance in the public cloud. Its technology monitors activity in Amazon Web Services and Microsoft Azure Cloud, and alerts users of potential issues. The vendor has raised a total of $3.2 million in two rounds of funding, according to CrunchBase.
The company will become part of Trend Micro's cloud security division, expanding the amount of cloud services it already provides and building on its strategy of integrating cloud security without disrupting business processes, it reports. All of Cloud Conformity's employees will join Trend Micro, which making the startup's technology immediately available to its customers.
This free, all-day online conference offers a look at the latest tools, strategies, and best practices for protecting your organization’s most sensitive data. Click for more information and, to register, here.
About the Author(s)
You May Also Like
Reducing Cyber Risk in Enterprise Email Systems: It's Not Just Spam and PhishingNov 01, 2023
SecOps & DevSecOps in the CloudNov 06, 2023
What's In Your Cloud?Nov 30, 2023
Everything You Need to Know About DNS AttacksNov 30, 2023
9 Traits You Need to Succeed as a Cybersecurity Leader
The Ultimate Guide to the CISSP
Modernize your Security Operations with Human-Machine Intelligence
The Cyber Threat Impact of COVID-19 to Global Business
Building Immunity: The 2021 Healthcare and Pharmaceutical Industry Cyber Threat Landscape Report