May 30, 2024 at 01:21PM
Cloudflare announced the acquisition of BastionZero, a seed-stage startup based in Boston, Mass. The financial terms were not disclosed. BastionZero’s technology offers remote access to infrastructure for backend and cloud engineering teams. The acquisition fits into Cloudflare’s plan to extend its Zero Trust Network Access flows and enhance its VPN replacement solution. The technology will be integrated into Cloudflare One.
From the meeting notes, the key takeaways are as follows:
– Cloudflare announced the acquisition of BastionZero, a seed-stage startup based in Boston, which provides remote access technology to backend and cloud infrastructure.
– The financial terms of the acquisition were not disclosed, but BastionZero had previously raised $6 million in seed capital from investors including Dell Technologies Capital, Akamai, and DG Lab Fund.
– Cloudflare plans to integrate BastionZero’s technology into its Zero Trust Network Access (ZTNA) flows and extend its VPN replacement solutions to include infrastructure resources such as servers, Kubernetes clusters, and databases.
– The acquisition aligns with Cloudflare’s goal to simplify and extend Zero Trust controls to infrastructure resources, allowing security teams to centralize management and maintain standard Zero Trust practices.
– BastionZero’s technology provides native integration to major infrastructure access protocols and targets, aiming to improve access controls and user-specific connections rather than solely relying on network-level controls.
– The BastionZero team will collaborate with Cloudflare to integrate their infrastructure access controls directly into Cloudflare One product.