Cybersecurity startup Karamba strikes deal with data storage powerhouse Seagate
Seagate will license the Israeli company's VCode binary analysis security software, using it to improve the protection of its flagship storage systems against cyberattacks
CTech | 14:00 27.05.2021
Israeli cybersecurity startup Karamba Security announced on Thursday that it has signed a multi-year agreement with data storage powerhouse Seagate Technologies. Under the agreement, Seagate will license Karamba's VCode binary analysis security software, using it to improve the protection of its flagship storage systems against cyberattacks. The companies didn't announce financial terms, but market experts are estimating the deal to be worth hundreds of thousands of dollars, with the potential of increasing significantly over the coming years. VCode software will be used as part of Seagate’s Lyve product line, an edge-to-cloud mass storage platform. According to Karamba, VCode software will automatically indicate security issues throughout Seagate’s supply-chain system, without changing any of Seagate R&D or supply chain processes. Seagate, which has a market cap of over $22 billion, will use VCode to locate cyber vulnerabilities (including third-party software modules) and obtain concrete recommendations for correcting the vulnerabilities.