Application Security
Lots of cash has flown into the application security market over the past year to help prevent data or code within applications from being stolen or hijacked. Application security encompasses the security considerations that happen during application development and design, but it also involves systems and approaches to protect apps after they get deployed, according to VMware.
Salt Security raised $70 million to boost runtime protection and security earlier in the development lifecycle, and Illumio raised $225 million to make its products more operationally friendly for MSSPs. Snyk raised $530 million to enhance the functionality of its Developer Security Platform, while Invicti Security received a $625 million investment from Summit Partners to drive more product automation.
Established players have sought to break into the application security market via acquisition, with JFrog buying security startup Vdoo for $300 million to secure the full software lifecycle through DevSecOps. Then in September, Akamai bought Guardicore for $600 million to cut threat surface and risk exposure by limiting user access to only applications that are authorized to communicate with one another.
