Zscaler Announces Industry-First, Integrated Saas Supply Chain Security Capabilities With The Acquisition Of Canonic Security
Acquiring Company
Zscaler
Acquired Company
Canonic Security
San Jose
Tel AvivSoftwareSecuritycomputer & network securityInformation TechnologyProfessional ServicesSoftwarePrivacy And SecurityDescription
Zscaler, Inc. . (NASDAQ: ZS), the leader in cloud security, today announced the intent to acquire Canonic Security, a SaaS application security platform innovator. Canonic’s platform is designed to prevent organizations' growing risks of SaaS supply chain attacks. With the massive migration to the cloud, as organizations are adopting hundreds of SaaS platforms, their users are connecting thousands of third-party applications and browser extensions to their critical SaaS platforms like Atlassian Suite, Microsoft 365, Salesforce, Google Workspace, and Slack without IT’s permission. Corporate IT believes its critical data assets are stored and protected in enterprise-ready SaaS platforms. In reality, these assets are held in third-party drives, email clients, and chatbots, bringing data exposure and cyber risk to their SaaS supply chain. Canonic’s solution allows cybersecurity and IT teams to quickly gain visibility to this ungoverned surface area and streamline SaaS application governance and enforcement.
Quick answer
Zscaler is acquiring Canonic Security, announced February 14, 2023. Zscaler is based in San Jose, California, United States.
- How much did Zscaler pay for Canonic Security?
- The deal value was not disclosed.
- What does Zscaler do?
- Zscaler (NASDAQ: ZS) accelerates digital transformation so customers can be more agile, efficient, resilient, and secure.
- Where are Zscaler and Canonic Security based?
- Zscaler is based in San Jose, California, United States. Canonic Security is based in Tel Aviv, Tel Aviv District, Israel.
- Who are the decision-makers at Zscaler?
- Fundz holds 3 contacts at Zscaler. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Canonic Security?
Canonic Security was acquired by Zscaler, based in San Jose. The deal was reported on February 14, 2023. Zscaler (NASDAQ: ZS) accelerates digital transformation so customers can be more agile, efficient, resilient, and secure. Zscaler is publicly traded (ZS) and operates in Software.
When did Zscaler acquire Canonic Security?
Zscaler's acquisition of Canonic Security was reported on February 14, 2023. Zscaler, Inc. . (NASDAQ: ZS), the leader in cloud security, today announced the intent to acquire Canonic Security, a SaaS application security platform innovator. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Canonic Security do?
Canonic Security is a SaaS Application Security platform that continuously profiles apps and user accounts, identifies suspicious or out-of-policy behavior, and automatically reduces the SaaS attack surface. It is privately held, operating in Information Technology, and is based in Tel Aviv.
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