U.S. cloud security company buys Israeli cloud company Trustdome
Yigal Arnon has advised Zscaler, Inc. in its acquisition of Cloud Infrastructure Entitlement Management (CIEM) player — Trustdome — for an undisclosed amount.
The transaction was led by partners Ben Sandler, Ezra Gross and Ofir Levy.
The acquisition will not only help Zscaler tap into the Israeli market where it plans to expand its presence, but will also embolden its Cloud Security Posture Management (CSPM) platform. With this acquisition, Zscaler also opens its first development center in Israel, where the company plans to continue investment.
The transaction is expected to close by this month.
Zscaler has made a few strategic acquisitions to boost growth. In May last year, the company acquired Edgewise, before which it also bought CSPM company, Cloudneeti.
