Cloudflare Acquires Vectrix

Cloudflare Inc., a security, performance and reliability company has acquired Vectrix, a company that provides one-click visibility and control across all its SaaS applications.

Vectrix enhances Cloudflare’s zero trust platform, Cloudflare One, by allowing security teams to scan third-party tools – including Google Workspace, GitHub and AWS – to detect and mitigate issues such as inappropriate file sharing and user permission misconfigurations.

Many businesses are using more SaaS applications, driven by the need to operate more efficiently and collaboratively in distributed or hybrid work environments. According to Gartner, public cloud services end-user worldwide spending on cloud application services (SaaS) is expected to grow from $174 billion this year to more than $279 billion in 2025. This has increased the burden on security teams which have to monitor security across numerous applications that have unique configuration settings, user access controls and monitoring systems.

What’s more, this increased SaaS footprint increases the risk of security incidents from misconfigured settings, incorrect user access controls or disgruntled employees.

With Vectrix, IT and security teams can perform security scans across their third-party tools to detect and mitigate issues ranging from unauthorized user access and file exposure to misconfigurations and shadow IT. Integrating Vectrix’s API-driven cloud access security broker (CASB) with Cloudflare One provides enterprises with comprehensive zero trust control of data-at-rest and data-in-transit.

Vectrix extends the security of Cloudflare’s network to the data stored in SaaS applications, giving customers a single control plane for the security of their workforce and mission-critical resources.

To learn more, please check out the resources below:

Vectrix + Cloudflare Blog

Vectrix Product Blog

Cloudflare Q4 Earnings