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CyberArk Acquires Cloud Security Provider Vaultive

CyberArk today announced the acquisition of certain assets of Vaultive, a privately-held cloud security provider.

The deal will see CyberArk advance its account security offering for the cloud, delivering greater visibility and control over privileged business users, and Software-as-a-Service (SaaS), Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS) administrators.

“The Vaultive team brings innovative technology and advanced cloud industry experience to CyberArk. We look forward to incorporating the technology to add additional depth and proactive protection for enterprises facing an expanding attack surface in the cloud,” said Udi Mokady, chairman and CEO, CyberArk.

Ben Matzkel, Vaultive founder and CTO, said he is extremely proud of everything that the Vaultive team accomplished.

“It’s becoming increasingly clear that customers desire a unified security approach that extends from the data center to the cloud. Fortified with Vaultive’s technology and its team, CyberArk is uniquely positioned to meet this critical need. We look forward to working closely with CyberArk customers around the world to advance their privileged account security strategies for the cloud.”

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