Palo Alto Boosts Security & Compliance Automation With $300M Evident.io Buy

Buying Evident.io extends Palo Alto's portfolio with API-based security capabilities and compliance automation.

Mitch Wagner, Executive Editor, Light Reading

March 16, 2018

2 Min Read
Palo Alto Boosts Security & Compliance Automation With $300M Evident.io Buy

Palo Alto Networks' $300 million deal to acquire Evident.io adds automated cloud security and compliance to Palo Alto's line.

The acquisition, announced Wednesday, is expected to close by April 30, Palo Alto Networks Inc. said in a press release. Evident.io co-founders Tim Prendergast and Justin Lundy will join Palo Alto.

Evident.io extends API-based security capabilities and helps ensure compliance by analyzing configuration of all the services and account settings against security and compliance controls. Evident.io works with Amazon Web Services Inc. and Microsoft Azure .

Figure 1:

Want to learn more about network automation? Register today for Light Reading's Automation Everywhere on April 4 in Dallas. We will be tackling the business and technology challenges behind driving network automation. The event is free for communications service providers – don't miss out!

Palo Alto provides virtualized firewalls and other tools for cloud security.

"Once integrated with the Palo Alto Networks cloud security offering, customers will be able to use a single approach to continuous monitoring, storage security, and compliance validation and reporting," Palo Alto says. Security, DevOps and compliance teams will be able speed up cloud application development and deployment, simplify operations and continuously validate compliance.

Evident.io is privately held and backed by Bain Capital Ventures, True Ventures, Venrock and Google Ventures.

Evident.io was founded in 2013, and was funded for $49.1 million, according to Crunchbase.

Related posts:

— Mitch Wagner Follow me on Twitter Visit my LinkedIn profile Visit my blog Follow me on Facebook Editor, Enterprise Cloud News

About the Author(s)

Mitch Wagner

Executive Editor, Light Reading

San Diego-based Mitch Wagner is many things. As well as being "our guy" on the West Coast (of the US, not Scotland, or anywhere else with indifferent meteorological conditions), he's a husband (to his wife), dissatisfied Democrat, American (so he could be President some day), nonobservant Jew, and science fiction fan. Not necessarily in that order.

He's also one half of a special duo, along with Minnie, who is the co-habitor of the West Coast Bureau and Light Reading's primary chewer of sticks, though she is not the only one on the team who regularly munches on bark.

Wagner, whose previous positions include Editor-in-Chief at Internet Evolution and Executive Editor at InformationWeek, will be responsible for tracking and reporting on developments in Silicon Valley and other US West Coast hotspots of communications technology innovation.

Beats: Software-defined networking (SDN), network functions virtualization (NFV), IP networking, and colored foods (such as 'green rice').

Subscribe and receive the latest news from the industry.
Join 62,000+ members. Yes it's completely free.

You May Also Like