PureSec

Company Overview

Snapshot

Founded in October 2016 by Ory Segal, Avi Shulman, and Shaked Zin, PureSec operated with 1-10 employees. The company raised a total of $10M across two funding rounds from three investors before being acquired by Palo Alto Networks in May 2019.

Business overview

PureSec developed a security platform designed to protect serverless applications from development through production. Its core technology provided enterprises with full visibility, automated security, and policy enforcement across various serverless vendors, including AWS Lambda, Google Cloud Functions, Azure Functions, and IBM Bluemix OpenWhisk. The company operated within the Cyber Security sector, focusing on cloud security and serving enterprise clients by bridging the gap between development and IT security teams.

Strategic signal

PureSec was acquired by Palo Alto Networks in May 2019, marking a significant exit for the serverless security specialist. This acquisition by a major cybersecurity player like Palo Alto Networks validated PureSec's technology and the growing importance of dedicated security solutions for serverless architectures, indicating a consolidation trend in the cloud security market.

Company Intelligence Q&A

When was PureSec acquired?

PureSec was acquired by Palo Alto Networks in May 2019.

What was a key partnership for PureSec?

In October 2017, PureSec partnered with Aqua Security to secure container and serverless applications.

When did PureSec launch its serverless security solution for Microsoft Azure Functions?

PureSec unveiled its first serverless security solution for MS Azure Functions in May 2018.

What was a notable achievement for PureSec in early 2018?

In February 2018, PureSec became the first security partner of AWS Lambda.

What funding round did PureSec complete in October 2018?

In October 2018, PureSec raised a Series A funding round from investors including Square Peg.