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Microsoft unveils cloud security plans for Adallom amid rising cloud unrest

Cloud security

Microsoft has announced its plans for Israeli founded cloud security firm Adallom, the cloud security firm it bought for a reported $250 million.

Microsoft buys Islraeli security startup Adallom for $320m, plans Israel cybersecurity centre – report

Microsoft has reportedly acquired Adallom for $320m in a cloud security push

Microsoft has apparently added Israeli cloud security startup Adallom to its arsenal, with multiple reports claiming the software company paid nearly $320m for the firm. The reports also suggest Microsoft is planning to open a cyber security centre in the region using some of the local talent it has acquired.

Cloud security vendor Adallom secures $30m from HP, Rembrandt Venture Partners

Adallom secured $30m in new funding this week from HP Ventures among others

Cloud security service provider Adallom announced this week it has secured $30m in a series C funding round led by Rembrandt Venture Partners, with participation from Hewlett Packard’s new investment arm HP Ventures, which the company said it would put towards research and development.

SaaS security firm Elastica exits stealth mode, announces funding

Elastica is the latest SaaS security firm to double down on expansion. Recent notables include Adallom and Bitglass.

Elastica, a cloud security firm founded in 2012 to solve an increasingly acute headache for enterprise SaaS and BYOD adopters, has existed stealth mode this morning and announced that it has secured $6.3m in venture funding from Mayfield Fund. The company said it will use the cash to take its CloudSOC (security operations centres) offering to ‘elastic enterprises’ everywhere.

SaaS security startup Adallom secures $15m in new funding

Adallom secured $15m in a new round of investment led by Index Ventures.

Adallom, a software as a service security specialist announced Tuesday that it has raised $15m in a new round of funding led by Index Ventures. The company said it will use the money to double down on development and sales efforts.

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