Palo Alto to acquire TwistLock for undisclosed sum

Santa Clara-based Palo Alto Networks has announced its intention to acquire Twistlock, a cloud-native cybersecurity software vendor for an undisclosed amount, rumoured to be in the hundreds of millions.

Twistlock-header

Twistlock has raised $63 million to date in three funding rounds since its birth in 2015 by CEO Ben Bernstein and head of R&D Dima Spotel, but public information about revenue and customers is sparse.

The acquisition marks another proof point of the cloud-native cybersecurity space heating up. There’s significant investment in the space, as well as some recent acquisitions like Layered Insight and Bluefyre. Another notable Israeli vendor in the cloud-native security space is Aqua Security.