The American company Contrast Security, which specializes in developing application security testing solutions (Application Security Testing), announced the acquisition of the Israeli start-up company CloudEssence and an investment in the establishment of a development center in Israel, which will focus on application security technology.
CloudEssence is developing an application security solution through security testing as part of the development process (DevOps). The company’s unique technology allows developers to write and release secure code in a simple and fast way. This uniqueness is reflected in the ability to perform static (SAST) and dynamic (DAST) tests in a fully autonomous and automated manner and get accurate results in just a few minutes without the need for complex installation.
The company was founded several months ago by three founders: Ram Yunish, former CEO and founder of Cymplify, which was sold to Checkpoint about a year ago; Tal Melamed, a world-renowned application security expert, and Itai Rosenman, experienced development manager for innovative cyber systems in the cloud environment. The development in Israel of the cloud security solution of Cisco (formerly CloudLock).
The Development and Innovation Center to be established in Israel will be located in the heart of Tel Aviv’s high-tech and will operate under the name Contrast Security Israel. The company is expected to recruit about 15 cyber development and security personnel in the coming year. The activity in Israel will be led by Ram Yonish, who will serve as Vice President of Cloud-Native in Contrast and Director of Operations in Israel. Tal Melamed will serve as senior director and will lead the product side and Itai Rosenman will serve as senior director of engineering and will lead all development activities in Israel.
According to Alan P. Naumann, President, Chairman and CEO of Contrast Security, “The acquisition of CloudEssence and the establishment of a development and innovation center in Israel will help accelerate our focus on protecting modern software development environments. The launch of the Innovation Center allows us to maintain leadership To the developers’ work processes. ”
According to Ram Yunish, “We are excited about Contrast Security’s decision to invest in CloudEsence technology and establish the contrast security development and innovation center in Israel. Especially at this time, the decision to invest in Israel for the long term and open a physical office “.
According to Tal Melamed, senior research director, “The value of the Cloud-Native approach stems from two main reasons: greater business flexibility and faster development cycles. Organizations across industries will not be able to avoid adopting architectures such as containers, microservices, serverless and other technologies in their development environment. In order to embrace the benefits of applications, organizations need to ensure that they have the right tools and solutions for both the quality and pace of development for these environments and that is exactly what our solution offers. ”