RedLock

RedLock positions itself as "the platform for security management" which helps the companies to control the risks arising in cloud services, such as Google Cloud Platform Amazon Web Services (AWS) and Microsoft Azure. The startup founded in 2015 by the beginning of October of the 2018th attracted in total $12 million investments, including from venture division Dell and Sierra Ventures fund.

History

2018: Palo Alto Networks purchased RedLock for $173 million

At the beginning of October, 2018 Palo Alto Networks announced acquisition of RedLock for $173 million. The transaction which is going to be closed until the end of November will be paid with own means of the buyer, i.e. without attraction of its actions.

We are very glad to add RedLock technology to our cloud offers. This merge will allow us to offer the most complex system of protection for multicloud environments, including Google Cloud Platform, Amazon Web Services (AWS) and Microsoft Azure. Besides, acquisition considerably will strengthen our cloud strategy — the CEO and the chairman of the board of directors of Palo Alto Networks Nikesh Arora said.

Palo Alto Networks purchased software developer for safe work in a public cloud

Palo Alto Networks is going to integrate developments of RedLock with technologies of the company [Evident.io]] which was purchased in 2018 earlier. Due to this integration it is going to create a single platform for analytics in the field of cloud safety, detection of threats and continuous monitoring of IT protection and observance of requirements of information security, transfers the CRN edition.^[1]

According to the founder and the head of RedLock Varun Badhwar, the company created a technology platform in a cloud, to begin to use which it is possible quickly thanks to API.

We like to show the way to clients and how it is safe to migrate in a public cloud — Badkhar noted.

Notes