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Rapid7 Buys Alcide.IO For $50 Million

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Security analytics and automation provider Rapid7 has acquired Tel Aviv-based Kubernetes security provider Alcide.IO for approx. $50 million.

With this acquisition, Rapid7 will expand and strengthen its cloud security offering, bringing together Alcide’s cloud workload protection (CWPP) capabilities with the company’s existing cloud security posture management (CSPM) and infrastructure entitlements (CIEM) capabilities.

This is the second acquisition Rapid7 has made in the cloud security market in the past nine months, having acquired DivvyCloud this past April.

Together, these acquisitions will enhance Rapid7’s ability to provide a cloud native security platform to its customers and facilitate continuous management of risk and compliance across their cloud environments.

Alcide’s technology is built to bridge security and DevOps with code-to-production security for Kubernetes deployments.

The company’s technology provides Kubernetes security fully integrated into the DevOps lifecycle and processes so that applications can be rapidly deployed while also protecting cloud environments from malicious attacks.

The acquisition is not expected to have a material impact to Rapid7’s financial results for calendar year 2021.