Joy Chik, Microsoft’s corporate vice president, announced this Wednesday (21st) that big tech has acquired digital security startup CloudKnox Security, responsible for a cloud permissions management platform. The giant’s goal is to help organizations strengthen their systems’ protections. Details of the deal, however, were not disclosed.
Some of the promises are: automated access to solutions; wide range of high-precision machine learning-based anomaly detection; and “seamless” integration of features with company services (such as Microsoft 365 Defender, Azure Defender and Azure Sentinel). In addition, the movement follows other recent purchases such as RiskIQ and ReFirm Labs.
“We’re excited to bring the CloudKnox team and technology to Microsoft and our joint customers, and look forward to your feedback. We’ll share more information as we integrate CloudKnox with Microsoft’s identity, security and compliance solutions,” highlights Chik .
New acquisition was announced this Wednesday (21).Source: Play/CloudKnox
Founded in 2015, Californian CloudKnox currently has 58 professionals listed on LinkedIn; among its investors are Sorenson Ventures, Dell Technologies Capital and Foundation Capital. In turn, the software it offers autonomously manages access levels to company systems linked to the profiles of collaborators and their activities.
“We saw opportunity to deliver even more value and seamless experience across hybrid and multi-cloud, with deeper integrations into the Microsoft ecosystem. By joining Microsoft, we can unlock new synergies and make it easier for our mutual customers to secure their hybrid and multi-cloud environments. clouds and strengthen its security posture,” he celebrates.
Finally, despite the lack of data on amounts and other procedures related to the transaction, it is known that Microsoft generated more than US$ 10 billion in virtual security revenue in 2020, according to the company itself – an increase of 40 % compared to the previous period. Therefore, the search for improvement in the area is part of the expansion of a business that has proven to be very profitable.