Adaptive Shield

SaaS Security Posture Management Platform

Cyber Security
Acquired (Inactive) by CrowdStrike on Nov 2024 - closed due to acquisition

Company Overview

Snapshot

Founded in August 2019 by Maor Bin and Jony Shlomoff, Adaptive Shield operated with 11–50 employees. The company was acquired by CrowdStrike in November 2024, marking a significant exit in the cybersecurity landscape.

Business overview

Adaptive Shield provides a SaaS Security Posture Management platform designed to help security teams identify and remediate configuration weaknesses within their SaaS environments. Its core technology focuses on ensuring compliance with company and industry standards, serving numerous Fortune 500 enterprises to manage their SaaS threat landscape. The company operates within the Cyber Security sector, specializing in application and website security, and targets enterprise and professional services, particularly in software development.

Strategic signal

The acquisition of Adaptive Shield by CrowdStrike in November 2024 for an estimated $300 million signals a strong market validation for SaaS security posture management solutions. This strategic move by CrowdStrike indicates a clear intent to enhance its cloud security offerings and integrate Adaptive Shield's capabilities into its broader security ecosystem, suggesting a growing demand for comprehensive SaaS security within the enterprise market.

Company Intelligence Q&A

What was the most significant recent corporate development for Adaptive Shield?
In November 2024, Adaptive Shield was acquired by CrowdStrike. While the exact acquisition price was not disclosed, it was estimated to be around $300 million.
Which investors participated in Adaptive Shield's Series A funding round?
In October 2021, Adaptive Shield secured a Series A funding round with participation from lead investor.
Did Adaptive Shield receive any strategic investments recently?
In July 2023, Adaptive Shield received a strategic investment from Blackstone.
When did Adaptive Shield partner with CrowdStrike prior to the acquisition?
In March 2022, Adaptive Shield partnered with CrowdStrike to introduce a Zero Trust SaaS Security Posture Solution to the CrowdStrike Store.
When did Adaptive Shield make its platform available on Google Cloud Marketplace?
In September 2023, Adaptive Shield became available on the Google Cloud Marketplace, expanding its reach and integration capabilities for cloud-native applications.

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