Lookout acquires Transamerica portfolio company CipherCloud
San Francisco-based cybersecurity company Lookout acquired San Jose-based cloud security services company CipherCloud , which operates in the emerging Secure Access Service Edge (SASE) market.
Founded in 2010, CipherCloud solutions span several developing SASE categories, including Cloud Access Security Broker (CASB), Zero-Trust Network Access (ZTNA), Secure Web Gateway (SWG) and Data Loss Prevention (DLP). Together these solutions deliver comprehensive visibility, data security, threat protection, and compliance for cloud-based applications. Many of the world’s largest global enterprises and government institutions protect and secure their cloud information with CipherCloud.
CipherCloud has raised $80 million since its inception and is backed by Transamerica Ventures.
The integrated Lookout platform will empower a growing number of businesses to securely deliver mission-critical applications to users anywhere they want to work.
“We couldn’t be more excited to welcome the CipherCloud team to Lookout. Our two organizations share a common passion for accelerating cloud adoption with cloud-native solutions that secure mission-critical data. Joining forces with CipherCloud is the next phase of our enterprise market expansion, extending our reach from the endpoint into the cloud where the applications and data reside. Through this combination, we will deliver endpoint-to-cloud security by tying together elements of our individual solutions into a single cloud-delivered offering.” – Jim Dolce, CEO, Lookout.