Mobile cybersecurity specialists, Lookout, has acquired CipherCloud, a cloud-native security company that operates in the emerging Secure Access Service Edge (SASE) market. Through this acquisition, which combines the Lookout Mobile Endpoint Security with the CipherCloud SASE technologies, Lookout believes it is in the best position to provide industry’s first end-to-end platform that secures an organisation’s entire data path from endpoint to cloud.
Given the rise in the number of remote users and the rapid adoption of cloud technology, the need for an integrated endpoint-to-cloud security solution has never been greater, especially when you consider the amount of data transitioning out of the corporate data centre into the cloud. This presents significant security obstacles that need to be addressed and a solution that can track activity and enforce policies across the entire data path – from the endpoint device to cloud-based applications – is much desired.
“We couldn’t be more excited to welcome the CipherCloud team to Lookout”, said Jim Dolce, CEO, Lookout. “Our two organisations share a common passion for accelerating cloud adoption with cloud-native solutions that secure mission-critical data. Joining forces with CipherCloud is the next phase of our enterprise market expansion, extending our reach from the endpoint into the cloud where the applications and data reside. Through this combination, we will deliver endpoint-to-cloud security by tying together elements of our individual solutions into a single cloud-delivered offering.”
Indeed, the purchase of CipherCloud is ideal as the solutions span several developing SASE categories, including Cloud Access Security Broker (CASB), Zero-Trust Network Access (ZTNA), Secure Web Gateway (SWG) and Data Loss Prevention (DLP). Together these solutions deliver comprehensive visibility, data security, threat protection, and compliance for cloud-based applications. Many of the world’s largest global enterprises and government institutions protect and secure their cloud information with CipherCloud.
“As a pioneer of the Cloud Access Security Broker market, CipherCloud has enabled organisations around the world to achieve their digital transformation,” said Pravin Kothari, Founder and CEO, CipherCloud. “Today, we take the exciting next step on the road to SASE by integrating our strengths with those of Lookout to deliver endpoint-to-cloud security for the modern workforce.”
The acquisition broadens the Lookout product portfolio as well as its community of customers and partners including carrier, cloud, channel, distributor and managed security service providers (MSSP). CipherCloud Founder and CEO Pravin Kothari will join Lookout as EVP, Product and Strategy, SASE. As a part of the transaction, CipherCloud will operate under Lookout brand and leadership.
Financial terms have not been disclosed.