Adallom provides back-end security to companies that run cloud-based services and has a system for monitoring potential hacks.
Cloud-based computing is an integral part in Microsoft’s business offerings, and it plans to enhance its current cloud architecture to deliver high-quality products and services in the coming years.
Microsoft (MSFT) is buying an Israeli cybersecurity startup for $320 million, according to reports out today.
Founded in 2012 with $4.5 million in Series A funding led by Sequoia Capital, Adallom is led by three veterans of the Israeli Intelligence Corps: co-founders Assaf Rappaport (pictured above), who is CEO; Ami Luttwak, CTO; and Roy Reznik, vice president of research and development.
A “Cloud Access Security Broker”. Its API mode integrated on its framework of applications developed for enterprise utilization is backed by a SmartProxy architecture, which seamlessly takes the users to the Adallom-hosted cloud that safeguards it. We did not receive a response from Adallom, and a Microsoft spokesperson declined comment.
First the details: The Israel-based cybersecurity firm, Adallom, is focused on traditional security like servers as well as cloud-focused protections that can help corporations using third-party data services – including Salesforce.com (CRM) for customer management, Box Inc.
After discovering the vulnerability, Adallom notified the Microsoft Security Response Center and worked with the company to find ways to eliminate the problem.
Among the Israel-based tech companies that Microsoft purchased beginning in 2014 were security specialist Aorato, Equivio and N-trig. Facebook reportedly has agreed to pay $60 million for the company.
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