CloudLock

Cloud Cybersecurity and CASB Solutions

Cyber Security
Acquired (Inactive) by Cisco Systems on Jun 2016 - closed due to acquisition
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Company Overview

Snapshot

Founded in January 2007 by Gil Zimmerman, Ron Zalkind, and Tsahy Shapsa, CloudLock operated with 1-10 employees. The company raised $34.9M across 3 funding rounds from 4 investors before being acquired by Cisco Systems in June 2016.

Business overview

CloudLock provides cloud cybersecurity and Cloud Access Security Broker (CASB) solutions. The company's core technology secures SaaS, PaaS, IaaS, and IDaaS environments, offering custom security services for homegrown applications and ISV offerings. CloudLock enables enterprises to protect cloud data, reduce risk, achieve compliance, manage threats, and enhance business productivity by utilizing crowdsourced cloud security insights and continuously monitoring over one billion files daily across more than 10 million users. It serves enterprises across various sectors, including healthcare providers, financial institutions, and government.

Strategic signal

In June 2016, CloudLock was acquired by Cisco Systems for $293 million. This acquisition signaled a significant consolidation in the cybersecurity market, with a major technology player like Cisco integrating CloudLock's cloud security capabilities to enhance its own security portfolio and address the growing demand for cloud-native protection.

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Company Intelligence Q&A

What was a significant exit event for CloudLock?
In June 2016, CloudLock was acquired by Cisco Systems for $293 million, enhancing Cisco's security portfolio.
Which investors participated in CloudLock's Series C funding round?
In January 2014, CloudLock received funding from Bessemer Venture Partners and Salesforce Ventures.
When was CloudLock's Series B funding round?
CloudLock secured a Series B funding round in March 2012, with participation from Ascent Venture Partners and Cedar Fund.
Who were the lead investors in CloudLock's Series A funding round?
In March 2008, CloudLock received $3 million in Series A funding from Cedar Fund.
What recognition did CloudLock's co-founder receive in 2015?
In June 2015, CloudLock Co-Founder and CEO Gil Zimmermann was named EY Entrepreneur Of The Year® 2015 in New England.
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