Microsoft reportedly acquires cloud security firm Adallom for $320 million

According to Reuters, Microsoft is hoping to make Adallom the main force behind it’s cyber security efforts.

Microsoft Corp.is reported to have acquired Software-as-a-service (SaaS) cloud cybersecurity company Adallom, Inc. for 320 million. Adallom was founded in 2012 by Adam Rappaport, Ami Luttwak and Roy Reznik.

An Israeli startup focused on cloud application security is reportedly the next addition to Microsoft ever-expanding stable of acquisitions.

We reached out to Microsoft and Adallom for confirmation of the pending acquisition. Adallom, a cloud security provider, has its headquarters in Palo Alto, California and its research and development center in Tel Aviv, Israel.

Adallom (an abbreviation of the Hebrew saying “ad halom”, which means “up to here” or “the last line of defence”) is a security service that integrates with the authentication chain of a range of SaaS applications and lets IT administrators monitor usage for every user on each device. It can secure information stored on Salesforce’s, Microsoft’s or Google’s cloud services and protect it from cyber attacks.

In November a year ago Microsoft ended months of speculation when it confirmed it bought another Israel-based security startup, Aorato, which offered software that tracks user behaviour when accessing applications linked to Active Directory, both in the cloud and on premise. Each insight is said to be actionable, so the enterprise is able the apply the applicable policies. The firm raised $49.5m in capital till date, and got funding from the investors such as Rembrandt Fund, Sequoia Capital and Index Ventures.

Since November, Microsoft has acquired three other Israel-based tech firms.

Terms of the deal were not disclosed but reports cite the acquisition to be worth at least $60 million.