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Rapid 7 acquires Israeli cyber startup Alcide.IO for $50 million


U.S.-based cyber company Rapid 7 is acquiring Israeli startup Alcide.IO Ltd for $50 million., according to a stock market announcement filed by Alcide  backer Elron Electronic Industries. To date, the Tel Aviv-headquartered company has raised $12 million from the likes of Intel Capital, Elron, and CE Ventures. As part of the agreement, Alcide, which employs 30 people, will function as Rapid 7’s Israeli development center. Rapid 7 is traded on Nasdaq at a valuation of $4.5 billion. It employs 1,250 people and reported Q4 2020 revenues of $105 million. This is its first acquisition of an Israeli company.
 Alcide developed a cloud security platform designed to provide DevOps, security, and engineering teams with simplified tools to manage and protect data centers against cyber attacks. Alcide’s firewall enables security teams to define, apply, and enforce their data protection policies on various cloud services in order to achieve continuous monitoring and risk assessment ....

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U.S. based Rapid7 acquires Israeli cyber startup Alcide.io for $50M


U.S. based Rapid7 acquires Israeli cyber startup Alcide.io for $50M
NASDAQ traded cyber firm Rapid7 acquires Israeli startup Alcide.io to boost its Kubernetes security offering.
Yaneev Avital
/
31 Jan 2021

2 min read
American cyber-security giant Rapid7 will acquire Alcide, an Israeli startup that develops code-to-production Kubernetes security. The companies have yet to reveal the acquisition amount, but reports estimate the deal in the $50 million range.
Kubernetes security platform
Alcide.io deploys Microservices Firewall, which provides micro-segmentation in combination with application awareness that alerts to threats in the background. The ML-based firewall enables users to configure, implement, and enforce security policies on different cloud environments. The platform enables DevSecOps teams complete visibility of ....

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ראפיד7 האמריקאית רוכשת את אלסיד מתל אביב ב-50 מיליון דולר

ראפיד7 האמריקאית רוכשת את אלסיד מתל אביב ב-50 מיליון דולר
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הסטארטאפ הישראלי Alcide נמכר ב-50 מיליון דולר

הסטארטאפ הישראלי Alcide נמכר ב-50 מיליון דולר
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