Priya Patel
TLDR:
Key Points:
- Zscaler acquires cybersecurity startup Avalor for $350 million to enhance capabilities in the cybersecurity landscape.
- The acquisition will provide advanced AI-driven solutions to prevent breaches effectively.
In a strategic move to enhance its cybersecurity capabilities, Zscaler, a leading cloud security company, has acquired AI cybersecurity startup Avalor for $350 million. The acquisition aims to bolster Zscaler’s platform with advanced capabilities such as streamlined reporting of security incidents, incident mitigation, asset discovery, data classification, and security policy generation. By leveraging AI-driven solutions, Zscaler aims to identify vulnerabilities and predict and prevent breaches effectively.
Avalor, co-founded by Raanan Raz and Kfir Tishbi, has developed a Data Fabric for Security that aggregates, normalizes, and unifies data across enterprise security and business systems. This innovative approach allows security teams to gain actionable insights and operational efficiencies by tracking risk data from discovery to remediation. The acquisition is timely as the cybersecurity industry faces a surge in AI-led threats, making it crucial for organizations to harness security data on a massive scale.
By integrating Avalor’s technology into its Zero Trust Exchange platform, Zscaler plans to provide customers with enhanced AI-driven analytics and decision-making capabilities in real-time. Raanan Raz, CEO, and co-founder of Avalor, expressed excitement about joining forces with Zscaler, highlighting the company’s extensive resources and global reach as essential factors in accelerating Avalor’s growth trajectory.
