In a strategic move that marks a significant leap forward in the industry, Cycode, the leader in Application Security Posture Management (ASPM) with the only complete approach to ASPM, announced the acquisition of Bearer, a modern AI-powered SAST, API discovery, and data leak protection company that delivers all three solutions in one to help Cycode overachieve in its mission to deliver safe code, faster. This strategic acquisition aims to supercharge its complete ASPM with scanning speeds 31% faster than the competition, utilizing AI for more contextual remediation, enhanced precision, and offering an unparalleled developer experience for faster shipping.
This move not only strengthens Cycode’s position as a leader in the ASPM industry but also redefines what developers can expect in terms of efficiency, accuracy, and ease of use, all while security teams can now begin operating with peace of mind. As the entire complete ASPM platform is built natively by Cycode, it is not reliant on any open-source scanning capabilities.
"Not all scanners in ASPMs are created equally, they need to understand what they are scanning, put it in the context of the total ecosystem inclusive of broader ecosystem vulnerabilities, and utilize the data from the platform to add context to risk, prioritize efforts, and reduce costs and remediation efforts. Cycode raised the bar for SAST as part of its complete ASPM," said Roland Cloutier, former CSO of TikTok, ADP, and EMC.
"Our acquisition of Bearer represents a pivotal moment for Cycode and our complete ASPM platform," said Lior Levy, co-founder and CEO of Cycode. "Integrating Bearer’s modern SAST, API discovery, and data leak protection technology into our platform is more than an enhancement; we’re providing the easiest way in the market for security teams and developers to interact together and work through security vulnerabilities. This strategic move aligns perfectly with our commitment to making security a team sport, where developers are supported with AI-driven context for faster remediation and velocity than ever before."
Strategic Expansion & Strength to Cycode’s Complete ASPM Platform
"We are thrilled to be joining forces with Cycode, a company that shares our vision for making developer security a team sport," said Guillaume Montard, CEO of Bearer. "This union marks a critical milestone in our journey, amplifying our reach and impact to the world’s best security and development teams. Together, we're set to continue redefining the standards of the complete approach to application security posture management."
