Israeli cybersecurity startup Ermetic is in advanced negotiations to be acquired by U.S. company Tenable, Calcalist has learned. The deal is estimated at between $300-350 million and is set to be completed in the coming days.
Ermetic has developed a comprehensive platform that detects and prevents security threats within complex AWS, Google Cloud, and Microsoft Azure environments. The company was born from a partnership of four experienced cyber entrepreneurs who had all previously sold companies to giant corporations: CEO Shai Morag (founder and CEO of Cyber Secdo Ltd., acquired by Palo Alto Networks), CTO Michael Dolinsky and CPO Sivan Krigsman (co-founders of Aorato, acquired by Microsoft), and CBO Arick Goomanovsky (co-founder of Sygnia, acquired by Temasek).
Ermetic, which paid tens of thousands of dollars to appear on the hit Netflix series Fauda last year, currently employs around 130 people.
