CYE, a developer of cyber exposure management solutions, announced on Wednesday the acquisition of Israeli startup Solvo’s technology for Cloud Security Posture Management (CSPM) and Cloud Infrastructure Entitlement Management (CIEM).
Solvo’s solution complements CYE’s Hyver platform by providing deep visibility into customers’ cloud assets and addressing configuration issues and other security gaps. By integrating Solvo’s advanced CSPM capabilities, CYE aims to help businesses continuously strengthen their cloud security posture, mitigate risks, and safeguard their assets across hybrid and multi-cloud environments.
Solvo raised $3 million in Seed funding in October 2020.
“As cloud adoption continues to accelerate—often involving multiple cloud service providers—so do cybersecurity vulnerabilities and potential misconfigurations,” said Reuven Aronashvili, founder and CEO of CYE. “The acquisition of Solvo’s technology enhances our platform by incorporating native cloud-based security…