Palerra Brings Management of the Entire Cloud Security Lifecycle to Europe

SANTA CLARA, CA--(Marketwired - Jun 13, 2016) - Palerra, a leading Cloud Access Security Broker (CASB), today announced the expansion of its operations into Europe. This expansion includes data center capabilities via AWS Dublin, as well as several premier regional partner relationships. With this move, European organizations will now have easy access to the only CASB solution to provide visibility and security across the entire security lifecycle from infrastructure to applications, enabling them to realize the full promise of the Cloud. By leveraging AWS Dublin infrastructure, Palerra is supporting the EU General Data Protection Regulations (GDPR) and can deliver the level of Cloud security and privacy needed by organizations in Europe to meet their regional, regulatory mandates.

"Worldwide expansion of Cloud services is a key indicator that today's enterprises see the Cloud as the conduit for growth and expansion in a global digital economy," said Rohit Gupta, co-founder and CEO of Palerra. "At the same time, the recent directives around the EU GDPR require enterprises to significantly strengthen their privacy and security procedures across the entire digital landscape. Our expansion into Europe is a commitment to support our customers transformation into consuming and delivering services through the Cloud while maintaining the highest levels of security and privacy."

According to IDC, Western European Cloud IT infrastructure sales grew more than 30 percent during the first quarter of 2016.⁽¹⁾ With that in mind, many value added resellers, managed security service providers, and systems integrators are adding new practices focused on Cloud security. Palerra has established relationships with an inaugural group of partners including Deloitte, GMV, Persistent Systems, TESM, and Wipro. These partners have found that Palerra is uniquely positioned to help them support the entire Cloud security lifecycle, leaving no gaps.

"As a long-term partner with Palerra, we're excited to extend our relationship into the European market," said Muneer Taskar, Vice President, EMEA for Persistent Systems. "As we help our customers digitally transform their businesses, we're seeing an ever-increasing number of services delivered in a 'cloud-only' paradigm. Because Palerra LORIC is a comprehensive security solution that easily adapts to an expanding cloud footprint, it allows us to focus on rapidly rolling out the digital experiences our customers want without compromising on the security of their data."

"As one of the largest CyberSecurity MSSPs in Iberia, our goal is to support our client's processes through technologically advanced solutions, integrated systems, and specialized products and services covering the whole life cycle," said Javier Zubieta, Cybersecurity Business Development at GMV. "By teaming with Palerra, we are able to provide our customers with a new level of Cloud security across IaaS, PaaS, and SaaS, consistently reducing cycle time from detection to incident response."

Rather than entering the European market with a North American data center, Palerra is leveraging the AWS Dublin infrastructure to implement self-contained data center capabilities that are compliant with EU privacy regulations. While GDPR regulations won't go into law until 2018, enterprises are focused on becoming compliant today. The Company is supporting the GDPR to ensure that Palerra LORIC can deliver the highest level of Cloud security and privacy in Europe.

To learn more about Palerra LORIC:

• Visit us online at www.palerra.com
• Join the conversation on Twitter at https://twitter.com/palerrainc
• See how Palerra LORIC can help you monitor your Cloud Applications. Request a Free Trial at http://palerra.com/requesttrial/ 

About Palerra
Palerra helps organizations protect their business-critical Cloud infrastructure and data with Palerra LORIC™, the industry-leading solution for Cloud security automation. Palerra is the only Cloud Access Security Broker (CASB) that provides visibility and security across the entire security lifecycle from infrastructure to applications, enabling organizations to realize the full promise of the Cloud. Leading enterprises including BMC Software, Jefferies, and VMware leverage LORIC for continuous monitoring and security of their Cloud applications. Palerra is a privately held company funded by Norwest Venture Partners, Wing Venture Capital, and August Capital, and is headquartered in Santa Clara, Calif. For more information, visit www.palerra.com.

⁽¹⁾ IDC, "Worldwide Quarterly Cloud IT Infrastructure Tracker," April 8, 2016.