Cloud Security Provider, CipherCloud, Acquires CloudUp Networks

CipherCloud, a provider of cloud security solutions, has expanded its platform through the acquisition of CloudUp Networks, a provider of SaaS application security. The integration of CloudUp Networks broadens the CipherCloud platform with capabilities to scan and tag different classes of data.

“The consumption of multiple cloud applications into the enterprise requires security to be in lock step with visibility,” said Pravin Kothari, founder and CEO of CipherCloud. “This acquisition reflects our strategy of growing our business with the tools our customers need to go to the cloud.” The transaction closed in early January. The financial terms of the acquisition are not being disclosed.

cloud-hosting-security-solutionsCipherCloud, headquartered in San Jose, CA, began its cloud security journey by delivering encryption, tokenization and Data Loss Prevention (DLP) capabilities that solved the immediate need at the time to secure sensitive information before it moves into third party clouds. To complement these security controls, CipherCloud has integrated visibility capabilities into its platform to help customers discover data anomalies and determine the relevant security controls to protect their cloud bound data.

Protecting popular cloud applications

The acquisition of CloudUp Networks broadens CipherCloud’s cloud security platform with capabilities to scan and tag different classes of data in order to protect sensitive organizational information. Additionally, the CloudUp technology provides a holistic view of the sensitivity of data across all cloud applications and enables DLP policies to be enforced on cloud data based on the sensitivity or risk level of that data. These capabilities would enhance an organization’s visibility into and compliance controls for data throughout its cloud lifecycle.

The CipherCloud product portfolio protects popular cloud applications out-of-the-box such as, Box, Google Gmail, Microsoft Office 365, and Amazon Web Services (AWS). Additionally, CipherCloud for Any App and CipherCloud for Databases enable organizations to extend data protection to hundreds of third-party cloud and private cloud applications and databases.

CipherCloud’s cloud security platform provides organizations with protection controls that enable organizations to comply with government regulations and industry mandates including GLBA, PCI, HIPAA and HITECH, the EU Data Protection Act, UK ICO guidance, the Australian Privacy Amendment Act and US State privacy laws.