Solvo

Cloud Security Platform

Cyber Security
Acquired by CYE on Jan, 2025

Company Overview

Snapshot

Founded in April 2020 by Shira Shamban and David Hendri, Solvo operates with 11–50 employees. The company raised $3M across two funding rounds from three investors. Solvo was acquired by CYE in January 2025.

Business overview

Solvo develops a cloud security platform designed to provide developers and DevOps engineers with least-privilege access for their cloud infrastructure, enabling fast and scalable operations. The platform automatically creates customized security configurations for each cloud environment, ensuring a secured infrastructure by design within the software development and continuous integration/development processes. Solvo primarily serves the Cyber Security sector, focusing on cloud security solutions for enterprises and software development teams.

Strategic signal

In January 2025, Solvo was acquired by CYE, an Israeli cybersecurity firm. This acquisition signifies a strategic move by CYE to integrate Solvo’s Cloud Security Posture Management (CSPM) and Cloud Infrastructure Entitlement Management (CIEM) capabilities, bolstering its cloud security offerings. For investors, this indicates a successful exit for Solvo and a strengthening of CYE's competitive position in the cybersecurity market through enhanced cloud security solutions.

Company Intelligence Q&A

When was Solvo acquired?
Solvo was acquired by CYE in January 2025.
What was the strategic rationale behind Solvo's acquisition by CYE?
The acquisition by CYE in January 2025 aimed to integrate Solvo’s CSPM and CIEM capabilities, enhancing CYE's cloud security posture and offerings.
When did Solvo raise its seed round?
Solvo raised a $3M seed round in October 2020, with participation from Surround Ventures and TLV Partners.
What recognition did Solvo receive in early 2021?
In March 2021, Solvo received Gold and Silver awards in two cybersecurity competitions, recognizing its cloud identity governance solution.
Who are the founders of Solvo?
Solvo was co-founded by Shira Shamban and David Hendri.

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