Tenable is set to purchase the cloud-native security software provider, which has raised $20m from investors including Intel Capital.

Cybersecurity technology provider Tenable has agreed to acquire Accurics, a US-based cloud security software developer backed by chipmaker Intel, for roughly $160m.

Founded in 2019, Accurics has built an infrastructure-as-code (IaC) tool that helps organisations detect and solve risks associated with cloud-native platforms.

The company had last disclosed funding in October 2020, having received $20m across seed and series A rounds, the latter of which was led by Intel Capital, the corporate venturing arm of Intel.

Venture capital firm…

Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.