CipherCloud Acquires CloudUp for Data Loss Prevention Technology
The acquisition brings enhanced cloud data security technology to CipherCloud.Cloud security vendor CipherCloud announced today that is has acquired privately held stealth startup CloudUp Networks. Financial terms of the deal are not being publicly disclosed. With the acquisition of CloudUp, CipherCloud gains enhanced data loss prevention (DLP) capabilities that provide improved security to cloud users. DLP technology tags and monitors content for access, restricting the ability of data to leave an organization without authorization. CloudUp is an early-stage company with a product that is still in beta, Paige Leidig, senior vice president and chief marketing officer at CipherCloud, told eWEEK. Pravin Kothari, CEO of CipherCloud, added that the CloudUp technology fits in with his company's overall vision for discovering, protecting and monitoring sensitive data in cloud environments. He explained that the CloudUp piece will provide enhanced data tagging for important content, like credit card numbers. He also stressed that the CloudUp technology will complement the existing CipherCloud portfolio. With the deal being formally announced today, Kothari expects that the CloudUp technology will be integrated into the CipherCloud product suite in the next 30 to 90 days. From an engineering perspective, the integration shouldn't be too difficult, Debabrata Dash, chief scientist and architect at CipherCloud, told eWEEK. CloudUp's technology is all Java-based, as is CipherCloud's, noted Dash. From a development tooling perspective, CloudUp uses an Eclipse-based Integrated Development Environment (IDE), which is also what CipherCloud's existing development teams use.
CipherCloud already was providing its users with cloud security and some DLP-type capabilities. Kothari said that he had to make a buy-versus-build decision when it came to advanced DLP, and he decided to buy.