Cisco announced that the company has agreed to buy Israeli cybersecurity startup Portshift. The company did not announce the total amount of the transaction. The startup was founded in 2018 in the Team8 cybersecurity foundry in Tel Aviv by serial entrepreneurs CEO Ran Ilany. It is a Kubernetes-native platform that delivers a single source of truth for containers and cloud-native applications security.
With Portshift’s agentless approach, DevOps can leverage its solution to protect from vulnerabilities across images, containers, Kubernetes, and runtime deployments. Portshift has raised $5.3 million in seed funding from Team8 before the acquisition. Liz Centoni, Cisco SVP for Strategy, Emerging Technologies & Incubation stated in a blog post,
“I am pleased to announce that we have officially entered into an agreement to acquire Portshift, a privately held company based in Tel Aviv, Israel, specifically focused on application security solutions. Today, the application security space is highly fragmented with many vendors addressing only part of the problem. The Portshift team is building capabilities that span a large portion of the lifecycle of the cloud-native application. They bring cloud-native application security capabilities and expertise for containers and service meshes for Kubernetes environments to Cisco, which will allow us to move toward the delivery of security for all phases of the application development lifecycle.”
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