CloudLock

Cloud Cybersecurity and CASB Solutions

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

Company Overview

Snapshot

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

Business overview

CloudLock provides cloud cybersecurity and Cloud Access Security Broker (CASB) solutions, securing SaaS, PaaS, IaaS, and IDaaS environments. The company extends custom security services to homegrown applications and ISV offerings, enabling enterprises to protect data in the cloud, reduce risk, achieve compliance, manage threats, and increase business productivity. CloudLock utilizes crowdsourced cloud security insights, continuously monitoring over one billion files daily across more than 10 million users, with security professionals contributing to its Community Trust ratings. The company operates in the Cyber Security sector, targeting enterprises in the United States.

Strategic signal

In June 2016, CloudLock was acquired by Cisco Systems for $293M. This acquisition represented a significant validation of CloudLock's cloud security technology and market position, indicating a strategic move by a major technology player to enhance its cybersecurity portfolio with advanced CASB capabilities. For investors, this signals the high value placed on specialized cloud security solutions within the broader enterprise security market.

Company Intelligence Q&A

When was CloudLock acquired and by whom?
CloudLock was acquired by Cisco Systems in June 2016.
Who were the founders of CloudLock?
CloudLock was founded by Gil Zimmerman, Ron Zalkind, and Tsahy Shapsa.
What was CloudLock's total capital raised?
CloudLock raised a total of $34.9M across 3 funding rounds.
Which investors participated in CloudLock's Series C funding round in January 2014?
In January 2014, CloudLock received funding from Bessemer Venture Partners and Salesforce Ventures.
Which investors participated in CloudLock's Series B funding round in March 2012?
In March 2012, CloudLock received funding from Ascent Venture Partners and Cedar Fund.

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