Spectral

Spectrum - specializing Israeli startup in the development of tools safety for developers.

History

2022: Check Point Acquisition

Check Point, one of Israel's largest providers of cybersecurity solutions, announced on February 1, 2022 the acquisition of Spectrum, a company specializing in software code security during development.

Check Point bought out Israeli cloud protection developer Spectral for $60 million
Photo: int-ext.ru

The amount of the transaction with Spectral is not exactly known; informed sources told Globes that Check Point will pay about $60 million.

The main development of Spectrum is a specialized scanner that allows you to identify errors in the development of software code and highlight security problems in other assets (external libraries and other resources), which can ultimately lead to compromising the software package, cyber attacks, etc.

All identified problems are clearly displayed on a special panel for the developer.

The sooner it is possible to identify a problem in the code, the less likely there is an error in the finished product, "said Anastasia Melnikova, director of information security at SEQ. - Most often, errors occur due to the fact that programmers do not consider security as a necessary element of development and do not follow recommendations in this area. Tools that allow you to inspect code during the writing process are very relevant in this regard.

Spectrum technologies in Check Point plan to focus primarily on cloud application developers. In particular, they will be integrated into the Check Point CloudGuard solution.

Check Point is buying a fifth company that is developing tools to protect data security - including for cloud environments.

Spectrum was founded in 2020. By early February 2022, it was able to attract investments worth about $6.2 million from Amiti and Mizmaa venture funds. Spectral has 30 employees.

Spectrum products are easily integrated with large developer services such as GitHub, Google Cloud Built, AWS CodeBuild and JFrog.

Spectral's customers include SimilarWeb, eToro and LawGeex.