Cisco Systems disclosed plans to acquire Lightspin, a cloud security software provider, as the networking giant continues to streamline its security offering.
As the networking behemoth continues its drive to consolidate its security portfolio, Cisco Systems revealed plans to purchase Lightspin, a provider of cloud security software.
End-to-end cloud security posture management (CSPM) across cloud-native resources is the area of expertise for privately held Lightspin. As a team, Cisco and Lightspin will be able to fulfill their mutual objective of assisting clients in modernizing their cloud environments with end-to-end security and observability, from build to runtime, according to a blog post released on Wednesday by Vijoy Pandey, senior vice president of engineering at Cisco for emerging technologies and incubation.
The deal's financial details were kept a secret. Crunchbase reports that the company has raised $20 million in total capital from investors like Dell Technologies Capital and Ibex Investors. LinkedIn lists 67 employees of Lightspin. This transaction represents Cisco's second acquisition in the security space this year.
Valtix, a privately held startup in cloud network security, specializes in multi-cloud network security for AWS, Azure, Google Cloud, and Oracle. Cisco announced plans to buy Valtix in February. Cisco stated of the acquisition last month that Valtix will add a layer of visibility between public and private cloud networks and lessen the operational strain for security teams when combined with Cisco's security portfolio.
