Cisco has announced its plans to acquire cloud-native security startup called Isovalent, ensuring it aligns with the company’s core networking and security strategy.
The cloud-native security and networking startup Isovalent should fit nicely with Cisco's core networking and security strategy. The firm revealed this morning that it plans to acquire it. The acquisition money was not split among the companies.
Together with Cilium, another open source project the startup launched, Isovalent has contributed to the development of eBPF, a critical open source technology that provides developers with extensive knowledge of the operating system layer, generally Linux but also Windows. The open-source security visibility component of the organization is called Tetragon.
The combination of these three components was previously supplied by a hardware device, but in the cloud world, Tom Gillis, senior VP and general manager of Cisco's Security Business Group, notes that this is becoming more and more software-driven.
That specifically entails being able to observe all that transpires throughout an application's network interaction and judging whether or not that appears normal.
Cisco invested in the business's $29 million Series A round in 2020 and secured a $40 million Series B round in 2022, with strategic investors including Microsoft, Google, and Grafana Labs.
This is Cisco's eleventh acquisition of the year and its fifth in the security space. The corporation has been very acquisitive this year. By far the largest of the lot was the $28 billion Splunk acquisition, which was revealed in September.
