Cloudflare Buys Vectrix

cloudflare

Cloudflare, Inc. (NYSE: NET) acquired Vectrix, a provider of businesses one-click visibility and control across all SaaS applications.

The amount of the deal was not disclosed.

Led by Corey Mahan, co-founder and CEO, Vectrix enhances Cloudflare’s existing Zero Trust platform, Cloudflare One, by allowing security teams to scan third-party tools–including Google Workspace, GitHub, and AWS–to detect and mitigate issues such as inappropriate file sharing and user permission misconfigurations.

With Vectrix, IT and security teams can perform security scans across their third-party tools to detect and mitigate issues ranging from unauthorized user access and file exposure to misconfigurations and shadow IT. Integrating Vectrix’s API-driven cloud access security broker (CASB) with Cloudflare One provides enterprises with comprehensive Zero Trust control of both data-at-rest and data-in-transit. Vectrix extends the security of Cloudflare’s network to the data stored in SaaS applications, giving customers a single control plane for the security of their workforce and mission-critical resources.

FinSMEs

11/02/2022