Imperva buys 2 Israeli cloud security cos

Imperva has acquired Incapsula and Skyfence.

Imperva Inc. (NYSE: IMPV) has acquired two Israeli cloud information security start-ups Incapsula Ltd. and Skyfence Ltd. The company also launched its SecureSphere Web Application Firewall (WAF) for Amazon Web Services (AWS). Imperva did not disclose the size of the deals.

“Our acquisition strategy for Skyfence and Incapsula are very similar. We seeded Incapsula four years ago because we recognized that cloud delivery would change the web application security landscape,” said Imperva CEO Shlomo Kramer. “In the case of Skyfence, we believe that Software as a Service (SaaS) delivery models for internally facing corporate applications will substantially change the landscape for data center security and compliance. We are investing in this space early to put us in the best position possible to help new and existing customers."

Imperva cited a study by Gartner, which predicts that global spending on public cloud services will grow from $155 billion in 2014 to $210 billion in 2016. As cloud adoption accelerates, enterprises are prioritizing how to integrate and migrate existing systems, from Enterprise Resource Planning (ERP) to Customer Relationship Management (CRM) systems, to cloud-based platforms. Cloud services often run critical applications and store business-critical data, but the majority of existing security controls do not cover the range of different cloud deployments because they were designed for on-premise applications.

Incapsula was founded by CEO Gur Shatz and VP marketing and business development Marc Gaffan in 2010 with the backing of Imperva. Skyfence was founded by CEO Ofer Hendler and VP R&D Michael Kantarovich in 2012.

Published by Globes [online], Israel business news - - on February 9, 2014

© Copyright of Globes Publisher Itonut (1983) Ltd. 2014

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