Elastic Completes the Acquisition of Build.Security
September 02 2021 - 3:38PM
Business Wire
Elastic and build.security Join Forces to
Enhance Support for Cloud-Native Security
Elastic (NYSE: ESTC) (“Elastic”), the company behind
Elasticsearch and the Elastic Stack, today announced that it has
completed the acquisition of build.security, a policy definition
and enforcement platform that leverages the open source standard
Open Policy Agent, to enable organizations to enforce security
actions for cloud-native environments.
“We are excited to welcome the build.security team to Elastic as
we join forces to help organizations eliminate blind spots, stop
threats, and extend Limitless XDR to the enforcement of security
actions for cloud-native environments,” said Shay Banon, founder
and CEO, Elastic. “Build.security will enhance our customer’s
ability to ensure that their cloud environments are secure in
keeping with the policies they have in place, continuously validate
their security posture against well-established standards such as
the CIS benchmarks, and resolve the complexity associated with
building authorization into applications at deployment time.”
Build.security co-founder and CEO, Amit Kanfer, is among the key
staff joining Elastic. Financial terms of the transaction were not
disclosed.
Build Security was seeded by YL Ventures, a leading
cybersecurity-focused venture capital firm headquartered in Silicon
Valley. For more information about Elastic and build.security, read
the blog.
About Elastic:
Elastic is a search company built on a free and open heritage.
Anyone can use Elastic products and solutions to get started
quickly and frictionlessly. Elastic offers three solutions for
enterprise search, observability, and security, built on one
technology stack that can be deployed anywhere. From finding
documents to monitoring infrastructure to hunting for threats,
Elastic makes data usable in real time and at scale. Thousands of
organizations worldwide, including Cisco, eBay, Goldman Sachs,
Microsoft, The Mayo Clinic, NASA, The New York Times, Wikipedia,
and Verizon, use Elastic to power mission-critical systems. Founded
in 2012, Elastic is a distributed company with Elasticians around
the globe and is publicly traded on the NYSE under the symbol ESTC.
Learn more at elastic.co.
Forward-Looking Statements
This press release contains forward-looking statements which
include but are not limited to statements about future features and
functionality. The release and timing of any features or
functionality described in this document remain at Elastic’s sole
discretion. Any features or functionality not currently available
may not be delivered on time or at all.
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version on businesswire.com: https://www.businesswire.com/news/home/20210902005853/en/
Jennifer Malleo PR-Team@elastic.co
Elastic NV (NYSE:ESTC)
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