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Palo Alto Networks Acquires Cloud Security Startup Redlock for $173m

October 5, 2018

Palo Alto Networks, the global cybersecurity leader, announced that it has signed an agreement to acquire cloud threat defense firm RedLock for $173 million in cash.

Founded in 2015, RedLock is made up of security experts and former entrepreneurs of successful cloud security companies. RedLock co-founders, Varun Badhwar and Gaurav Kumar, will join Palo Alto Networks.

Palo Alto Networks already provides a broad security offering for multi-cloud environments with inline, host-based, and API-based security, which was bolstered by the acquisition of Evident.io in March 2018.

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