Exabeam acquires SkyFormation to access talent and accelerate innovation

Exabeam, the Smarter SIEM company, announced the acquisition of SkyFormation, a leading Israel-based cloud application security business and the first company to collect cloud logs from over 30 cloud services into any security information and event management (SIEM) tool. As Exabeam’s first acquisition and following its recent $75 million Series E funding round, the investment will enable Exabeam to establish an office in Israel, provide access to talent and help more customers move their businesses, and their security, to the cloud.

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