Octarine

Company Overview

Snapshot

Founded in July 2017 by Shemer Schwarz, Haim Helman, and Adi Ashkenazi, Octarine operated with 11–50 employees. The company was acquired by VMware in May 2020.

Business overview

Octarine developed cloud-native application security solutions designed to protect businesses and data as they transition to cloud-native environments. The company's platform provided visibility into microservices within cloud-native applications, enabling users to enforce policies for data privacy and protection, and ensuring security against unauthorized activity and data exfiltration. Octarine operated within the Cyber Security sector, focusing on application and website security, and served enterprise customers globally.

Strategic signal

In May 2020, Octarine was acquired by VMware, which integrated the company into its Carbon Black security portfolio. This acquisition signals a strategic move by VMware to enhance its Kubernetes security offerings and address the growing demand for cloud-native application protection, validating Octarine's technology and market approach.

Company Intelligence Q&A

What was Octarine's exit event?

Octarine was acquired by VMware in May 2020. The company's operations were subsequently closed following the acquisition.

When did Octarine release its open-source security scanning tool for Kubernetes?

Octarine released an open-source security scanning tool for Kubernetes in January 2020.

Who were the founders of Octarine?

Octarine was founded by Shemer Schwarz, Haim Helman, and Adi Ashkenazi.

What type of security solutions did Octarine provide?

Octarine specialized in cloud-native application security, offering a platform to secure microservices within cloud-native applications and enforce data protection policies.

Which investors participated in Octarine's funding round?

In October 2017, Octarine received funding from investors including Accel and Sorenson Capital.