Rapid7 buys Kubernetes Security Provider Alcide

Security analytics and automation provider Rapid7 has acquired Kubernetes security startup Alcide. The cost of acquisition was around $50 Millin, according to the announcement. 

Founded in 2016, Tel Aviv headquartered Alcide offers a cloud-native security platform to secure workloads running on Kubernetes. To date, the company has raised around $12.3 Million in funding, according to CrunchBase.

Chairman and CEO of Rapid7, Corey Thomas, said, "We are thrilled to welcome Alcide to Rapid7. The technical talent within Israel’s cybersecurity ecosystem is unparalleled and we look forward to working together with the Alcide team to provide organizations with comprehensive cloud security that drives business growth and innovation."

Chief Executive Officer at Alcide, Amir Ofek, said, "Today marks the beginning of an exciting new journey for Alcide. We are excited to join Rapid7 not only because of our shared commitment to providing customers with innovative and accessible cloud security solutions, but this also gives us an opportunity to bring our market-leading Kubernetes security platform to a broader set of customers."

Alcide's capabilities will compliment Rapid7's cloud-native security platform. It will allow continuous management of risk and compliance across customers' cloud environments. Alcide’s cloud workload protection (CWPP) capabilities with the Rapid7's cloud security posture management (CSPM) and infrastructure entitlements (CIEM) capabilities will help customers with managing the challenges of cloud-native application security.

Rapid7 will now able to protect and secure growing Kubernetes deployments for their customers with Alcide's acquisition, notes the announcement.