Rapid7 is acquiring DivvyCloud for $145M to beef up cloud security

[InfoSec News <alerts () infosecnews org>]

https://techcrunch.com/2020/04/28/rapid7-is-acquiring-divvycloud-for-145m-to-beef-up-cloud-security/

By Ron Miller
TechCrunch
April 28, 2020

Rapid7 announced today after the closing bell that it will be acquiring 
DivvyCloud, a cloud security and governance startup, for $145 million in cash 
and stock.

With Divvy, the company moves more deeply into the cloud, something that Lee 
Weiner, chief innovation officer, says the company has been working toward, 
even before the pandemic pushed that agenda.

Like any company looking at expanding its offering, it balanced building versus 
buying and decided that buying was the better way to go. “DivvyCloud  has a 
fantastic platform that really allows companies the freedom to innovate as they 
move to the cloud in a way that manages their compliance and security,” Weiner 
told TechCrunch.

[...]

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