Tufin

Security Policy Automation

Cyber Security
Acquired by Turn/River Capital on Apr, 2022
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Company Overview

Snapshot

Founded in January 2005 by Ruvi Kitov and Reuven Harrison, Tufin operates with 201–500 employees. The company has raised $131.75M across 4 funding rounds from 4 investors. In February 2024, Tufin expanded its security solutions portfolio with the acquisition of AKIPS.

Business overview

Tufin provides solutions for centrally managing, visualizing, and controlling security policies across physical networks and hybrid cloud environments. Its core offering, the Tufin Orchestration Suite, automates the design, provisioning, analysis, and auditing of network security changes from the application to the network layer. By optimizing security policies, Tufin aims to reduce attack surfaces and minimize disruptions for critical applications. The company serves over 1,700 enterprise customers globally across diverse industries including finance, telecom, energy, healthcare, retail, education, manufacturing, transportation, and the public sector, operating within the Cyber Security sector.

Strategic signal

In February 2024, Tufin acquired AKIPS, a move that significantly expanded its security solutions portfolio. This acquisition signals Tufin's strategic intent to enhance its offerings and capabilities in network monitoring and analytics, providing investors with a clear indication of the company's commitment to growth and market leadership in the evolving cybersecurity landscape.

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Company Intelligence Q&A

What was a significant acquisition made by Tufin in early 2024?
In February 2024, Tufin acquired AKIPS, expanding its security solutions portfolio.
When did Tufin go public and what was its IPO valuation?
Tufin completed its Initial Public Offering in April 2019 on the NYSE, raising $108M with a valuation of $450M.
Which investors participated in Tufin's December 2014 funding round?
In December 2014, Tufin received funding from Vintage Investment Partners and Marker.
What was the outcome for Tufin in April 2022?
In April 2022, Tufin was acquired by Turn/River Capital for $570M.
What is the status of Tufin's delisting from the stock exchange?
Tufin was delisted from the NYSE in August 2022 following its acquisition.
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