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Latest Stories and News

Cloud security startup Ermetic raises $10 million

  • CTECH -
  • 3 weeks ago

Ermetic develops an analytics-based service that prevents cloud data breaches by automating the detection and remediation of identity and access risks in cloud offerings from Amazon, Google, and Microsoft

Cloud security startup Ermetic raises $10 million

Palo Alto Networks to acquire CloudGenix for $420 million

  • ZDNet
  • 2 months ago
  • Palo Alto Networks said that it plans to acquire software-defined wide-area networking (SD-WAN) provider CloudGenix for $420 million.
  • CloudGenix delivers a software-defined wide area network (SD-WAN) that helps customers stay secure by setting policies to enforce compliance with company security protocols across distributed locations.
  • This is especially useful for companies with a lot of branch offices or a generally distributed workforce, something just about everyone is dealing with at the moment as we find millions suddenly working from home.
  • CloudGenix competes with Cisco and other incumbents in the SD-WAN space, targeting large enterprises that need to manage network traffic at branch offices.
  • With the acquisition, Palo Alto Networks said it plans to integrate CloudGenix's cloud-managed SD-WAN products into Prisma Access, its secure access service edge (SASE) platform.
Palo Alto Networks to acquire CloudGenix for $420 million

Palo Alto Networks acquires cloud security startup Aporeto for $150M

  • SiliconANGLE
  • 6 months ago

Palo Alto Networks Inc. has entered an agreement to acquire cloud security startup Aporeto Inc. for $150 million in an all-cash deal. Founded in 2016, Aporeto offers a zero-trust cloud security platform that auto-generates identity by analyzing workload metadata from any available system and user identity data. Zero trust is an increasingly popular security model that is based on the principle of maintaining strict access controls and not trusting any one by default, even those already on a network.

Aporeto delivers zero trust through a whitelist-based approach to security. The company’s solution works by facilitating end-to-end authentication, authorization and encryption for all application components, including virtual machines, containers and microservices.

Aporeto had raised $34.5 million in venture capital funding prior to acquisition. Investors include Norwest Venture Partners, Data Collective, Telia Ventures, National Grid Partners, Comcast Ventures and Wing Venture Capital.

Palo Alto Networks acquires cloud security startup Aporeto for $150M

Yonghui Cheng

Avatar for Yonghui Cheng
Worked at Palo Alto Networks


Funded over

5 rounds

Latest round

IPO (Jul 2012)