Altitude Cyber Advises Eureka Security On Its Acquisition By Tenable

Altitude Cyber is pleased to announce our role as exclusive financial and strategic advisor to Eureka Security (Acquired by Tenable) on its acquisition by Tenable .

Tenable Holdings, Inc., the Exposure Management company,?announced?yesterday that it has signed a definitive agreement to acquire?Eureka Security, Inc.,?a provider of data security posture management (DSPM) for cloud environments. Eureka Security helps?security teams gain a holistic view into an organization’s cloud data security footprint, fight policy drift and misconfigurations that put data at risk, and continuously improve their security posture over time.

By adding DSPM capabilities to its CNAPP solution, Tenable will help customers identify key evidence related to cloud data risk, including where sensitive data resides in the cloud, who has access to that data and the severity of the risk posed by potential data compromise. This type of visibility is central to an organization’s ability to accurately assess its cloud security compliance.

“Eureka Security’s technology will enable Tenable to provide even better prioritization of cloud risks and identify toxic combinations beyond vulnerabilities, misconfigurations and over-privileged access to include data at risk as well,” said Shai Morag , senior vice president and general manager of Cloud Security, Tenable. “This is another example of how we’re pushing the envelope in cloud security innovation for customers and leading the market forward by developing best-in-class capabilities.”

“Eureka Security's data-centric approach provides the visibility, control and automation needed to navigate the dynamic cloud landscape while ensuring the highest level of security and compliance,” said Liat Hayun , co-founder and CEO, Eureka Security. “We're excited to join Tenable. Integrating our capabilities into Tenable’s CNAPP offering creates a compelling capability for customers. Tenable also brings an expansive customer base, and strong go-to-market capabilities. We couldn't have found a better match to help us expand our mission to reduce cloud data risk globally.”

The integration of DSPM will round out the current Tenable Cloud Security solution that already includes such key capabilities as unified CNAPP, iron-clad CSPM protection, cloud workload protection and industry-leading CIEM, among others, which will give security teams the context and prioritization guidance to make efficient and accurate remediation decisions. The Eureka Security DSPM capabilities are expected to be natively integrated into Tenable Cloud Security and its leading CNAPP solution later this year.

A heartfelt congratulations to co-founders Liat Hayun , Asaf Weiss , and the Eureka Security (Acquired by Tenable) team, as well as Amit Yoran , Shai Morag , C. Matthew Olton , and the Tenable team.

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Best // Dino

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This communication is for informational purposes only and should not be regarded as an offer to sell or as a solicitation of an offer to buy any financial product.? No representation is being made that the information presented is accurate, current or complete, and such information is at all times subject to change without notice.

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