L-R Ohad Bobrov and CEO Ofer Ben Noon, co-founder and CEO of Talon Cyber Security credit Shai Sharon
Palo Alto Networks, an American cyber security firm, is looking to buy Israeli startup Talon Cyber Security which develops cloud infrastructure-based cyber security technology. Cacalist reported that the companies are in talks for a deal that could be worth $600 million.
Talon Cyber Security has raised $126 million to date, including a $100 million Series A in August 2022.
Palo Alto Networks previously acquired another Israeli cybersecurity startup, Cider Security, for $300 million in November 2022.
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Cyber security is more important than ever. Hackers are not only motivated by money or politics. They often just like being malicious. So even small companies need to be on their guard and be sure to properly protect their systems.
And this also explains why cyber security companies like Talon are continuing to bring in the big bucks, even at a time when their fellow Startup Nations firms are making cutbacks.
Founded in 2005, Palo Alto Networks boasts that as a cybersecurity firm, it is shaping the “cloud-centric future with technology that is transforming the way people and organizations operate.”
Co-founded by CEO Ofer Ben-Noon and CTO Ohad Bobrov in 2021, Talon provides the first enterprise browser that was designed to secure and enable hybrid work, while reducing complexity and cost. Talon boasts that its secure and isolated workspace enables today’s employees, who use the browser more than any other business application, to work from anywhere and from any device, accessing enterprise resources securely from both corporate and non-corporate devices.
Talon explains that modern cybersecurity for a distributed workforce must enhance security across an increasingly complex attack surface, be easy to manage and cost-effective, and provide a frictionless user experience.
In October 2021, Talon launched the first secure browser for enterprises, TalonWork, which enables enterprise companies to effectively manage a hybrid workforce without having to compromise security, employee experience or privacy. The company says that with its built-in enterprise-grade cyber security tech, TalonWork provides advanced data leakage protection and high granularity of control into all web in-app activities.
