Zscaler, a prominent player in cloud security, recently announced its acquisition of Avalor, an Israeli startup renowned for its risk management platform fueled by Data Fabric for Security. The acquisition, valued at $350 million, solidifies Zscaler’s position in the cybersecurity market.
Avalor’s innovative platform aggregates data from various security and business tools within organizations, providing continuous risk management by enriching and correlating data. This integration allows Zscaler to offer AI-driven cybersecurity insights and threat prevention in real-time, enhancing its Zero Trust Exchange platform.
Raanan Raz, CEO and co-founder of Avalor, highlighted the synergies between the two companies, emphasizing the potential to automate security operations across vulnerability discovery, attack analysis, and threat prevention. Zscaler’s acquisition of Avalor signifies a strategic investment in advanced cybersecurity technology to better serve its clientele.
The acquisition comes just 26 months after Avalor’s inception, following its emergence from stealth mode and successful fundraising efforts. This move reflects Zscaler’s commitment to staying at the forefront of cybersecurity innovation and leveraging cutting-edge technologies to address evolving threats.
