Immun.io, a real-time web application security system (RASP), announced that it was acquired by Trend Micro, a cybersecurity solutions company.
The deal is an extension of Trend Micro’s efforts to expand the reach of hybrid cloud security to DevOps. Immunio’s platform aims to secure web applications and APIs against digital threats. The platform flags vulnerabilities within the app and immediately block attacks in real time, allowing teams to understand where the vulnerability was and how to block it in the future.
“There was nothing in the market that both offered real effective protection and was usable at the same time,” said Mike Milner, CTO of Immunio. “As technologists, we thought, we can do better than this.”
Founded in 2013, Montreal-based Immunio has received a total of $8 million in funding from both Canadian and international VCs, including WhiteStar Capital, Real Ventures, Hoxton Ventures, and BDC. Its last funding round was a $5 million Series A led by White Star Capital in April 2016.
“We are excited to acquire Immunio’s application protection technology, their team of application security experts and their customers,” said Bill McGee, SVP and GM of Hybrid Cloud Security at Trend Micro. “Technology changes, like cloud computing and container platforms, are enabling faster application development. IMMUNIO’s run-time application security allows our customers to increase protection against software vulnerabilities within the applications they are building.”
“Trend Micro is the leading cloud security vendor out there. They were protecting cloud workloads before anyone else. They’ve protected billions of instance hours to date,” said Al Hamami, CEO of Immunio. “So when the opportunity presented itself to us to join forces with the leading cloud security company, the investors, founders, and executives did not have to think too long.”
Photo via Immunio
