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Algosec Acquires Prevasio To Disrupt The Agentless Cloud Security Market

PRIVATEDec 06, 2022

Acquiring Company

AlgoSec

Acquired Company

Prevasio

Information TechnologySecurityCyber SecurityNetwork SecurityCloud SecuritySecurityCyber SecurityNetwork SecurityCloud SecuritySaaS

Description

AlgoSec, a global cybersecurity leader in securing application connectivity, announced today that it has acquired Prevasio, a SaaS cloud-native application protection platform (CNAPP) that includes an agentless cloud security posture management (CSPM) platform, anti-malware scan, vulnerability assessment and dynamic analysis for containers.

Quick answer

AlgoSec is acquiring Prevasio, announced December 6, 2022.

How much did AlgoSec pay for Prevasio?
The deal value was not disclosed.
What does AlgoSec do?
AlgoSec, a global cybersecurity leader, empowers organizations to secure application connectivity by automating connectivity flows and security policy, anywhere.

Source: Fundz verified event record.

Other recent acquisitions in Security and Cyber Security

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

AlgoSec

Location

Challenger Rd

About

AlgoSec, a global cybersecurity leader, empowers organizations to secure application connectivity by automating connectivity flows and security policy, anywhere. The AlgoSec platform enables the world’s most complex organizations to gain visibility, reduce risk, achieve compliance at the application-level and process changes at zero-touch across the hybrid network. AlgoSec’s patented application-centric view of the hybrid network enables business owners, application owners, and information security professionals to talk the same language, so organizations can deliver business applications faster while achieving a heightened security posture. Over 1,800 of the world’s leading organizations trust AlgoSec to help secure their most critical workloads across public cloud, private cloud, containers, and on-premises networks.

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Frequently asked

Who acquired Prevasio?

Prevasio was acquired by AlgoSec. The deal was reported on December 6, 2022. AlgoSec, a global cybersecurity leader, empowers organizations to secure application connectivity by automating connectivity flows and security policy, anywhere. AlgoSec is privately held and operates in Information Technology.

When did AlgoSec acquire Prevasio?

AlgoSec's acquisition of Prevasio was reported on December 6, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Prevasio do?

Prevasio, an AlgoSec company, helps organizations of all sizes protect their cloud-native applications across containers and all other cloud assets. It is privately held, operating in Security.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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