Solvo

Cloud Security Platform

Cyber Security
Acquired by CYE on Jan, 2025
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Company Overview

Snapshot

Founded in April 2020 by Shira Shamban and David Hendri, Solvo operates with 11–50 employees. The company raised $3M across two funding rounds from three investors. Solvo was acquired by CYE in January 2025, integrating its cloud security posture management and cloud identity and entitlement management capabilities.

Business overview

Solvo provides a cloud security platform designed for developers and DevOps engineers, enabling them to manage cloud infrastructure with least-privilege access at scale. The company's automated platform creates customized security configurations for each cloud environment, ensuring a secured infrastructure by design within the software development and continuous integration/development processes. Solvo operates within the Cyber Security sector, specifically focusing on Cloud Security, and serves enterprises and software development teams.

Strategic signal

Solvo's acquisition by CYE in January 2025 signifies a strategic consolidation within the cybersecurity market. This integration enhances CYE's offerings by incorporating Solvo's CSPM and CIEM capabilities, indicating a market demand for comprehensive cloud security solutions that bolster overall security posture. For investors, this highlights the value of specialized cloud security technologies and the potential for strategic exits in this rapidly evolving sector.

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Company Intelligence Q&A

What was Solvo's most significant corporate development?
Solvo was acquired by CYE in January 2025. This acquisition integrated Solvo’s CSPM and CIEM capabilities to enhance CYE's cloud security posture.
When was Solvo founded and by whom?
Solvo was founded in April 2020 by Shira Shamban and David Hendri.
How much capital has Solvo raised in total?
Solvo has raised a total of $3M across two funding rounds.
Which investors participated in Solvo's October 2020 seed round?
In October 2020, Solvo raised a seed round with participation from Surround Ventures.
Has Solvo received any industry recognition for its solutions?
In March 2021, Solvo received gold and silver awards in two cybersecurity competitions, recognizing its cloud identity governance solution.
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