Sunday, October 1 2023

Datadog, Inc. (NASDAQ: DDOG), the monitoring and security platform for cloud applications, today announced it has entered into a definitive agreement to acquire Hdiv Security, a leading security-testing software provider. The addition of Hdiv Security’s capabilities to Datadog’s Cloud Security Platform will enable a more comprehensive approach to application security.

Hdiv Security’s product monitors application behavior to provide highly accurate detection of both known and unknown (zero-day) vulnerabilities at runtime. This enables developers to assess, track and monitor risk from running applications. Developers can flag vulnerabilities where and when they matter most, so that critical vulnerabilities are surfaced and remediated quickly.

“Combining security and observability provides Datadog customers unique insights into sensitive services that are vulnerable or under attack,” said Pierre Betouin, VP of Product, Cloud Security Platform at Datadog. “Adding Hdiv Security’s capabilities to Datadog’s Cloud Security Platform will deepen security visibility across the entire software life cycle to help our customers develop more secure and resilient applications.”

“Our focus at Hdiv Security has always been on detecting security vulnerabilities and protecting software, regardless of where it is deployed,” said Roberto Velasco, Founder and CEO of Hdiv Security. “Datadog is the perfect partner to advance this mission to continuously and accurately detect vulnerabilities in applications.”

The transaction is subject to certain customary closing conditions, including receipt of required regulatory approvals, and is expected to close before the end of Q3 2022.

IAST: A New Approach to Finding Security Vulnerabilities
Roberto Velasco, Founder and CEO of Hdiv Security
Previous

Traceable AI Raises $60 Million IN Series B Funding Round

Next

Abnormal Security Raises $210M in Series C Funding Round

Check Also

Widget

Don’t Miss

Cyber Executive Moves: Expel, AXA XL

Ellie Buscemi

Expel appoints a new chief product officer, AXA XL announces a new chief executive and DataVisor appoints a new chief revenue officer. Expel, a security operations provider in Herndon, Virginia, appointed Yonni Shelmerdine as the new chief product officer on Aug. 28. Shelmerdine comes to Expel from SentinelOne where he was the vice president of Product Management, endpoint […]

Grip Security Raising $41 Million Series B Led by Third Point Ventures

SecureDisruptions

SaaS security company plans to accelerate growth and extend market leadership SaaS identity risk management platform Grip Security announced a $41 million Series B funding round led by Third Point Ventures, with participation from YL Ventures, Intel Capital and The Syndicate Group. The investment would bring Grip Security’s total funding to $66 million and marks a major milestone for the […]

Partner One Acquires Key Fidelis Cybersecurity Assets

SecureDisruptions

Partner One, one of the fastest growing software conglomerates in the world, has announced its acquisition of Fidelis Cybersecurity software, intellectual property, equipment, inventory and customer and reseller contracts. Fidelis software is a leader in the cybersecurity industry, with innovative eXtended Detection and Response (XDR) and Cloud Native Application Protection Platform (CNAPP). Fidelis solutions protect […]

Healthcare IoT: Risks, Policy, and the Path Forward 

John Powers

When Amazon launched as an online bookstore twenty-eight years ago, few would have imagined that patients could one day go to its website to treat their acid reflux. But times change. Amazon just expanded their virtual healthcare marketplace, Amazon Clinic. Across the U.S., customers can now consult with clinicians through virtual calls and get treatment […]

NIST Updates Cybersecurity Framework in New Draft, Seeks Public Comment

John Powers

The National Institute of Standards and Technology updated their cybersecurity framework for the third time in a new draft. The new framework offers guidance to organizations about reducing cybersecurity risks. It contains a set of outcomes so that any organization can evaluate, prioritize, grasp, and communicate its cybersecurity measures in an effective way. The draft […]

N.Y. Gov. Debuts Premier State Cybersecurity Strategy

John Powers

Governor Kathy Hochul (D-NY) recently introduced New York’s first cybersecurity strategy. The 15-page document lays out a blueprint to expand services to aid under-resourced entities and clarifies agency responsibilities. It provides $500 million to strengthen New York’s healthcare information technology and $7.4 million to expand the New York State Police’s Cyber Analysis Unit, Computer Crimes […]