Tenable Expands Exposure Management with Vulcan Cyber Acquisition
Deal News | Jan 29, 2025 | YL Ventures GP Ltd
Tenable Holdings Inc., a leader in the cybersecurity market with a focus on exposure management, has agreed to acquire Vulcan Cyber for $150 million. Vulcan Cyber, a company established six years ago, specializes in addressing vulnerabilities and managing risks that arise from cloud misconfigurations and other cybersecurity threats. This acquisition is expected to enhance Tenable's exposure management platform, allowing it to offer more robust solutions against various cyber risks. Vulcan Cyber, notably supported by venture capital from YL Ventures, has built a reputation in the exposure risk management industry, making it a strategic acquisition for Tenable, which has been actively growing its portfolio through mergers and acquisitions.
Sectors
- Cybersecurity
- Mergers & Acquisitions
Geography
- Global – Both Tenable and Vulcan Cyber operate in the global cybersecurity market, which is relevant for companies and institutions worldwide seeking to manage exposure and cyber risks.
Industry
- Cybersecurity – This article falls under the Cybersecurity industry as it involves companies that specialize in cybersecurity solutions and services, particularly in exposure and risk management.
- Mergers & Acquisitions – The acquisition of Vulcan Cyber by Tenable is a significant transaction within the Mergers & Acquisitions sector, highlighting the ongoing consolidation in the cybersecurity market.
Financials
- $150M – The deal price for the acquisition of Vulcan Cyber by Tenable.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Tenable Holdings Inc. | Acquirer | Company | A major player in the cybersecurity market, focusing on exposure management solutions, actively expanding through acquisitions. |
| Vulcan Cyber | Target Company | Company | A six-year-old company specializing in exposure risk management, including managing vulnerabilities and cloud exposure risks. |
| YL Ventures GP Ltd. | Investor | Company | A venture capital firm backing Vulcan Cyber, supporting its role in the exposure risk management space. |