The American giant, the Top 100 technology company on the Nasdaq and based in New York (USA), has acquired the San Sebastian startup Hdiv Security, a leader in application security and APIs, to complete the protection of its clients’ applications and your security software. The operation, of a confidential amount, is subject to the usual closing conditions and is expected to be completed by the end of this year, 2022.
The acquisition involves , which entered the Basque startup as a minority partner in 2018 leading a financing round of one million dollars. Alberto Gómez, Founding Partner of Adara, has been “delighted to announce the end of this chapter and a new successful journey for Adara Ventures and for another of our portfolio companies. Hdiv Security is a new example and an inspiring reference for Spanish and European technological entrepreneurs”, he explains.
The ‘journey’ of the San Sebastian startup
The history of Hdiv Security, based in San Sebastián (Guipúzcoa), began in the year 2000, when the founding partners, Roberto Velasco and Gorka Vicente, former employees of S21sec, the first Iberian cybersecurity company, identified u. Hand in hand with Adara, the San Sebastian firm has accelerated its international expansion and advanced in the development of new products, with an important portfolio of international clients and 40 professionals distributed throughout the world.
In this new stage, integrated into Datadog, the largest security platform for cloud applications, the Basque startup will strengthen and expand its workforce in Spain. Pierre Betouin, VP of Products at the US company, explained that “adding Hdiv Security capabilities to our cloud platform will optimize visibility and security throughout the software lifecycle and help our customers develop more secure applications. and resistant,” he adds.
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