Cycode, a San Francisco, CA-based company which specializes in application security posture management (ASPM), announced the acquisition of Bearer, a Cambridge, Massachusetts-based provider of an AI-powered SAST, API discovery and data leak protection solution.
The amount of the deal was not disclosed.
This acquisition strengthens Cycodeās existing offerings and introduces new capabilities, including:
- Faster Scanning, Precise Findings, and Developer Experience Designed for Speed
- AI-Powered Code Resolution
- Data Leak Protection
- Advanced API Discovery
- Enriched Risk Intelligence Graph (RIG)
Led by Guillaume Montard, CEO, Bearer provides an AI-powered SAST, API discovery and data leak protection platform that delivers all three solutions in one.
Led by CEO Lior Levy, Cycode is an application security posture management (ASPM) company providing Peace of Mind to its customers. Its complete ASPM platform scales and standardizes developer security without slowing down the business āĀ delivering safe code, faster. The ASPM platform can replace existing application security testing tools or integrate with them while providing cyber resiliency through visibility, risk driven prioritization and just-in-time remediation of code vulnerabilities at scale. Cycodeās Risk Intelligence Graph (RIG) provides traceability across the entire SDLC through natural language.
Commenting on the news, Lior Levy, said: “Integrating Bearerās modern SAST, API discovery and data leak protection technology into our platform is more than an enhancement; weāre providing the easiest way in the market for security teams and developers to interact together and work through security vulnerabilities. This strategic move aligns perfectly with our commitment to making security a team sport, where developers are supported with AI-driven context for faster remediation and velocity than ever before.“
FinSMEs
05/03/2024