Cato's move comes as the company also extended its Series G funding round with an additional $50 million from Acrew Capital.

The deal is a further example of tech market consolidation and positioning to guard against threats to enterprise AI systems.

Rubrik executives say the startup will help the company deliver “radical simplicity” in AI models and data management.

The deal reflects a growing trend in cybersecurity toward consolidation and integration.

Proofpoint has entered into an agreement to acquire Hornetsecurity Group, a Germany-based provider of Microsoft 365 security services, in a deal reportedly valued at more than $1…

Wiz co-founder Asaaf Rappaport said the company will remain focused on protecting a wide range of cloud services.

The acquisition occurs during a period of strong financial performance for CyberArk.

The Boston-based firm adds the threat intelligence provider to its product arsenal.

The deal is expected to fully close in early 2025.

The cybersecurity firms plan on integrating security solutions once the deal closes in early 2025.