PureSec

PureSec — the Israeli developer of the platform ensuring safety of besserverny applications.

History

2019: Palo Alto Networks purchased PureSec

At the end of May, 2019 Palo Alto Networks announced PureSec acquisition. The companies did not begin to sound the cost of the transaction, but the Globes edition knows of it from the informed sources — about $60-70 million.

By the end of May, 2019 in PureSec 18 people work, all of them will pass into Palo Alto Networks, including cofounders of the company Avi Shulman, Ory Segal and Shaked Zin.

Palo Alto Networks purchased the cybersecurity developer of the platform which does not need servers

PureSec task always was in providing protection of all besserverny applications at the highest level. Having combined efforts with Palo Alto Networks, we, undoubtedly, will be able to do it much quicker — Shaked Zine said.

According to him, the companies passing to besserverny architecture still should monitor the code at the application layer, however there are situations at which the organization has no opportunity to set traditional solutions or to use third-party cloud infrastructure. In such cases it is possible to select solutions of PureSec which add a protective layer at the level of the code and provide automatic protection to besserverny functions, blocking attempts to attack them.

PureSec technologies will find application in the solution for cloud security of Prisma which by the end of May, 2019 more than 9 thousand companies in the different countries use. This product helps the organizations to transfer the data and infrastructure to cloud services, providing complete transparency of the environment and also data protection and applications. Palo Alto Networks considers that thanks to PureSec purchase the company will reach "unique position" and will protect modern applications at all stages of their lifecycle.

To the transaction with Palo Alto Networks the startup attracted in total $10 million investments. Square Peg Capital, TLV Partners and Entree Capital funds invested in the company.^[1]

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