Article published by: https://www.sdxcentral.com/
Author: Linda Hardesty
Source URL: https://www.sdxcentral.com/articles/news/palo-alto-networks-buys-endpoint-security-startup-secdo/2018/04/
Palo Alto Networks is buying Israel-based Secdo, a security company that does endpoint detection and response. These capabilities will be folded into Palo Alto Networks’ Traps endpoint protection product and its new Application Framework, a comprehensive security platform.
The parties did not disclose the purchase price for Secdo, but some Israeli news outlets, including Haaretz, are reporting it is between $90 million and $100 million. The startup had raised about $10 million in funding, according to Crunchbase.
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