Microsoft Set For $320m Swoop For Adallom

Microsoft has apparently added Israeli cloud security startup Adallom to its arsenal, with multiple reports claiming the software company paid almost $320m for the firm.

Neither Adallom nor Microsoft immediately responded to a request for comment on the reported acquisition.

Founded in 2012 with $4.5 million in Series A funding led by Sequoia Capital, Adallom is led by three veterans of the Israeli Intelligence Corps: co-founders Assaf Rappaport (pictured above), who is CEO; Ami Luttwak, CTO; and Roy Reznik, vice president of research and development.

Regardless of Microsoft’s reported plans, Adallom seems to be a logical acquisition in the face of Nadella’s own plans for his company.

A “Cloud Access Security Broker”.

Adallom couldn’t be reached for remark and officers at Microsoft in Israel declined to remark. The company has described itself as a “cloud access security broker” for businesses using services from Salesforce, Dropbox, Box, Office 365 and other SaaS and IaaS (infrastructure-as-a-service) application providers. Back in December 2013, Adallom gained popularity after it exposed the loophole in the security server of Microsoft 365. Adallom claims that you can deploy its software onto your network, in less than 8 minutes. Microsoft later released a patch that resolved the issue. It additionally purchased textual content evaluation firm Equivio and the know-how of digital pen maker N-trig. The expected price of the all-cash deal is about 0 million, according to one of the people.

As well as their core cybersecurity service, Adallom’s platform also offers support for governance, risk management and compliance, offering enterprise users meaningful insights on their employees, the data they’re accessing, and their activities in the cloud.