HPE snaps up IAM startup Scytale to up edge-to-cloud security game
Category: #headlines |   By Pankaj Singh |   Date: 2020-02-04

HPE snaps up IAM startup Scytale to up edge-to-cloud security game

Enterprises worldwide are embracing hybrid environments and moving critical workloads to the cloud. However, cloud security has become a major concern for cybersecurity professionals. Businesses need to be on a constant lookout for cloud-native cyberattacks.

Tech major HPE has reportedly acquired cloud-native security startup Scytale for an undisclosed sum. The San Francisco, California-headquartered startup is built on the open-source SPIFFE (Secure Production Identity Framework for Everyone) protocol.

According to Dave Husak, HPE fellow and general manager, cloud security will play a critical role in delivering on its unique, edge-to-cloud platform as-a-service strategy as the company progresses further into the field.

Husak apparently believes that every enterprise operating in a hybrid, multi-cloud environment needs completely secure and zero-trust systems that can dynamically identify and authenticate applications and data in real-time.

For the record, Scytale was established in 2017 and had raised nearly $8 million, with the bulk of that coming from a $5 million Series A round led by Bessemer in March last year.

The startup develops application-to-application identity and access management (IAM) solutions. With more and more transactions taking place between applications without any human intervention, IAM tools are gaining prominence.

It has come to the fore through credible sources that Scytale co-founders, Sunil James, Andrew Jessup, and Emiliano Berenbaum will join the HPE team. The Scytale team will help build cryptographic-identity technology for HPE which offers users the ability to develop, deploy, and achieve IT operational goals irrespective of the supplier or the location.

Also read: HP rejects Xerox’s takeover bid yet again, doubts Xerox’s viability

Husak said that HPE will continue to efficiently handle the SPIFFE and SPIRE (SPIFFE Runtime Environment) projects, both of which are backed by the Cloud Native Computing Foundation. Scytale will supposedly continue to help manage SPIFFE under HPE.

Scytale’s DNA is security, open-source, and distributed systems, James noted, adding that it was important to the cofounders that HPE respect Scytale’s open-source roots.

James also said the company will work efficiently to maintain the vendor-neutral project, which is crucial in HPE’s plans to deliver a secure, dynamic, and open-source edge-to-cloud platform.

 

Source credit: https://techcrunch.com/2020/02/03/hpe-acquires-cloud-native-security-startup-scytale/

  • shareShare
  • Twitter
  • Facebook
  • LinkedIn


About Author

Pankaj Singh     Twitter

Pankaj Singh

With a commendable experience of content creation under his belt, Pankaj Singh, a qualified Post Graduate in Management, boasts of having worked as a freelance writer and an insurance underwriter. Additionally, Pankaj has also enriched his qualification portfolio with Read more...

More News By Pankaj Singh

Goldman Sachs explores sale options for its fintech unit GreenSky

Goldman Sachs explores sale options for its fintech unit GreenSky

By Pankaj Singh

GreenSky was bought by Goldman Sachs in 2021 for USD 2.24 billion stock deal. Goldman Sachs quotes GreenSky as ‘good business’. Goldman cites itself not best suited to lead the fintech in long run . In the recent turn of event...

Tesla ordered to pay ex-employee over $3.2 Mn in damages over racism case

Tesla ordered to pay ex-employee over $3.2 Mn in damages over racism case

By Pankaj Singh

Electric car manufacturer, Tesla, has reportedly been ordered by a federal jury to pay more than USD 3.2 million in damages to a former worker, following his win in a racial harassment suit. Owen Diaz, who worked as a lift operator at the firm’...

Labour recasts green growth plan as UK version of Inflation Reduction Act

Labour recasts green growth plan as UK version of Inflation Reduction Act

By Pankaj Singh

Labour party of the UK has decided to invest in good, clean energy jobs by recasting its green growth initiative as the British version of the US’s Inflation Reduction Act. Ed Miliband, the shadow net zero secretary, has been tasked with ensuri...