Connect with us

Hi, what are you looking for?

Jewish Business News


Palo Alto Networks Acquires Israeli cybersecurity Startup Secdo for $100 million


US cybersecurity company Palo Alto Networks, a cybersecurity company founded by Israeli Nir Zuk, announced that it has agreed to acquire Israeli cybersecurity startup Secdo, which develops solutions for enterprise security operations teams for quick incident responses.

Secdo’s patented technology “uses assisted learning combined with the only thread-level visibility to automatically investigate and respond to every alert from any security technology,” the company says.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at
Thank you.

The terms of the agreement were not disclosed, but sources close to the deal told Israeli media that Palo Alto Networks will pay $100 million mostly in cash but also in shares.

Palo Alto Networks added in a statement: “Secdo’s team of elite engineers will complement the deep security expertise and innovation inside the Palo Alto Networks research and development organization.”

Mark McLaughlin, chairman and CEO of Palo Alto Networks said, “With Secdo’s EDR capabilities as part of our platform, we will accelerate our ability to detect and prevent successful cyber attacks across the cloud, endpoint, and network.”


Palo Alto Networks buys Israeli Startup LightCyber for $130 million


Founded by two friends graduates of the IDF 8200 intelligence unit, CEO Shai Morag and CTO Gil Barak, in 2015, Ra’anana based Secdo has developed a platform to provide Next-Generation Incident Response solutions on cyberattacks.

The company has raised $11 million to date, Investors include RDC, owned by and Rafael Advanced Defense Systems and Elron Electronic ,  Check Point founder Marius Nacht and Eyal Ofer’s O.G. Tech Ventures.

CEO Shai Morag said Secdo was founded “to dramatically increase visibility for security operations teams to reduce the time it takes to detect and respond to an alert. The combined capabilities of Secdo and Palo Alto Networks will provide customers the capabilities they need to swiftly and accurately detect and respond to cyber attacks.”

Palo Alto Networks in 2017 acquired Isreali startup LightCyber for $130 million and Cyvera for about $200 million in 2014. The Santa Clara, California-based company announced early 2018 the opening of a new R&D center in Tel Aviv.

Palo Alto Networks Acquires Israeli Start-Up Cyvera For $200 Million




You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The Movie The Professional is what made Natalie Portman a Lolita.


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.