Attack surface management pioneer Tenable on Monday announced plans to spend $160 million in cash to snap up Accurics, an early-stage startup selling cloud-native security for DevOps and security teams.
The deal, which is expected to close later this year, is Tenable’s priciest acquisition to date and expands its product portfolio with capabilities to detect vulnerabilities and security problems in code before they become operational security risks.
Tenable, based in Maryland in the U.S., spent $98 million in February this year to buy Alsid (Active Directory security) and shelled out another $78 million in 2019 to buy Indegy (ISC/OT security) and with the addition of Accurics, the company wants to be the connective tissue providing “a holistic view of risk” to enterprise defenders.
Tenable credited Accurics with building innovative self-healing technology capable of identifying and addressing issues in code used to rapidly deploy cloud native applications. The startup’s technology can be used to seamlessly connect security to the build process before deployment to address misconfigurations and monitor runtime infrastructure post-deployment for drift.
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For Accurics, the exit comes less than a year after announcing a $20 million venture capital investment round across seed and Series A rounds. Accurics was backed by Intel Capital, ClearSky and WestWave Capital.
In a statement explaining the purchase, Tenable said the all-cash deal extends its broader cloud strategy, helping enterprises secure their full cloud stacks, both at build time and at runtime.
Related: Tenable Acquires OT Security Firm Indegy for $78 Million
Related: Tenable Soars on IPO Day
Ryan Naraine is Editor-at-Large at SecurityWeek and host of the popular Security Conversations podcast series. He is a security community engagement expert who has built programs at major global brands, including Intel Corp., Bishop Fox and GReAT. Ryan is a founding-director of the Security Tinkerers non-profit, an advisor to early-stage entrepreneurs, and a regular speaker at security conferences around the world.
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