Cycode, an Israeli application security posture management (ASPM) firm, has acquired static application security testing (SAST) startup Bearer. Financial details were not disclosed, though reports put the deal's value at USD 10 million.
Bearer’s SAST enables developers to find and fix issues by analyzing application source code to identify vulnerabilities, application programming interfaces (APIs), and sensitive data through extensive integration into development pipelines.
Cycode will integrate Bearer’s tooling into its ASPM platform, with the combined solution expected to offer 31% faster scanning speeds compared to its competition leveraging AI for context and precision.
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