Palo Alto Networks acquires protect AI for $ 500 million+, a startup supported by SalesForce, Samsung and 01 PUSH SECURITY PUSH

Palo Alto Networks (Nasdaq:Panw), the global cybersecurity Power with market capitalization about $ 120 million is causing high participation to move to the AI ​​security world with the acquisition of Protect —tea Seattle -based startup rapidly lifted in hot red Artificial intelligence Space.

The treatment, announced On Monday, it is expected to close later this year. The transaction is valued at more than $ 500 million, Geekwire reported, citing family sources with the transaction.

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Protect Ai, founded in 2022 by former Amazon Engineering Leaders (NASDAQ:Amzn), Oracle (Nyse:OrCl), and Amazon Web Services, helps business customers to protect automatic learning systems by tracking all AI pipeline layers, from data to deployment. It is one of the few startups focused solely on the growing threatened landscape that surrounds AI -based attacks.

Protect Ai has attracted a notable list of investors, including Salesforce Ventures, Samsung’s Venture Investment Corp. 01 AdvisorsA VC company co -founded by former Twitter executives.

According to BloombergThe company raised a round of $ 60 million B -series by 2024, carrying its total assessment at about $ 400 million at that time.

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Palo Alto Networks said that the acquisition would be integrated into his new AI swinging safety platform. The platform aims to defend organizations of emerging threats such as model manipulation, rapid injection, poisoning for training data and vulnerabilities in the supply chain, risks that traditional cybersecurity tools are often overlooked.

Ian SwansonCEO of Protect Ai, wrote in a Linkedin position That the company set out to “help organizations to ensure the most important technology of our time: AI”. He accredited the company’s team, investors and the growing emergency of the industry to help them build what he called “leading solutions in categories”.

Protect Ai was co -founded by Swanson, Grain Ahmedand Daryan DehghanpishehAll those who previously held positions higher than the startups focused on AI acquired by the technological giants. Previous Swanson companies include Some truethat was acquired by American Express (NYSE:AXP) In 2011, he writes Geekwire.