Palerra and Simeio Solutions Launch Industry's First Managed Service for Cloud Security Automation

SAN FRANCISCO, CA--(Marketwired - Apr 20, 2015) - RSA Conference -- Palerra, the cloud security automation company, announced today a new partnership with Simeio Solutions, a leading provider of identity and access management solutions and services. As part of this partnership, Simeio will offer LORIC™ to its customers as part of its Simeio Business-Ready IAM Cloud offering. LORIC will provide Simeio with the capability to protect its customer's entire cloud footprint -- from branded applications such as Microsoft Office 365, to infrastructure such as AWS, and everything in between.

"LORIC is a natural progression for Simeio's customers as they embrace the cloud and look to automated security solutions to protect them from new risks and threats," said Rohit Gupta, founder and CEO of Palerra. "As proven by recent high-profile security breaches, perimeter defenses need to be strengthened. The focus needs to be on the cloud services themselves and their rapid adoption has necessitated a new approach to automated security defined by machine learning, advanced analytics, automation and remediation."

The LORIC platform provides threat visibility and ensures compliance of an organization's entire cloud footprint by combining threat detection, predictive analytics, security configuration management, and automated incident response into a single solution. Simeio's Business-Ready IAM Cloud provides a simple and low-cost alternative to building and maintaining an IAM infrastructure. Together, customers will benefit from a powerful, layered defense for their cloud environment.

"We are thrilled to partner with Palerra, and add its powerful cloud security automation solution to our roster of services," said Hemen Vimadalal, CEO of Simeio Solutions. "Today's enterprise landscape is complex, with a myriad of on-premise, cloud and virtualized solutions all requiring their own unique security guidelines. With this partnership, we have strengthened our approach to protecting cloud applications."

"This partnership is a tremendous step forward in integrating managed security services with the growing cloud security automation space," said Jim Reavis, founder and CEO of the Cloud Security Alliance. "LORIC from Palerra takes a unique approach and provides robust capabilities in its depth of service when uncovering threats in the cloud. Enterprises adopting cloud services now have a best-of-breed solution that combines innovative cloud security technology with an end-to-end managed delivery model."

LORIC is available as a managed service through Simeio Solutions immediately.

To learn more about LORIC:
Visit us online at www.palerra.com
Join the conversation on Twitter at https://twitter.com/palerrainc
View the full Simeio partner page at https://www.simeiosolutions.com/home/index.html

About Palerra
Palerra, Inc. designed LORIC™ to protect an enterprise's entire cloud footprint from branded applications such as Microsoft Office 365 to infrastructure such as AWS, and everything in between. It combines security configuration management, threat detection, predictive analytics, and automated incident response into a single platform, delivering comprehensive visibility and ensuring continuous compliance. It does so without any hardware or software, and unlike cloud access control solutions, is not inline to critical online activities. 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.