Microsoft is confirming today, that it has acquired Adallom — a cloud security startup with offices in Palo Alto, California, and Tel Aviv and over $50 Million in Venture Capital backing. The confirmation comes two months after rumours started coming in of a potential $320 Million deal between the two companies.
Adallom’s advanced cloud security software is being used by companies such as Dropbox, Google Apps, Amazon Web Services (AWS), Box, and Salesforce to monitor their own cloud-based services. Adallom’s software basically helps enterprise like the ones mentioned above, to spot any present or future anomalies by tracking a user’s usage pattern over a specific period of time.
With more frequent and advanced cybersecurity attacks continuing to make headlines, customer concerns around security remain top of mind. These concerns pose real challenges for IT, who are charged with protecting company data in this rapidly evolving mobile-first, cloud-first world. In this world, identity is a critical control plane for managing and protecting access to applications and data.
Announcing, the acquisition via a blog post, Microsoft’s Corporate VP For Cloud and Enterprise Marketing Takeshi Numoto said,
I’m pleased to announce today that Microsoft has acquired Adallom, an innovator in cloud security and a leader in helping customers protect their critical assets across cloud applications. This acquisition is the latest example of Microsoft’s commitment to delivering innovative identity and security capabilities to our customers, across both on-premises and multiple clouds.
Adallom expands on Microsoft’s existing identity assets, and delivers a cloud access security broker, to give customers visibility and control over application access as well as their critical company data stored across cloud services.
Detailing on how Adallom’s current offerign will gel with Microsoft’s Cloud services, Numoto says, that as a cloud-delivered, security-as-a-service solution, Adallom will complement existing offerings that Microsoft makes available today as part of Office 365 and the Enterprise Mobility Suite (EMS), including our recent Microsoft Advanced Threat Analytics release.
Adallom, cofounded in 2012 by Assaf Rappaport, Ami Luttwak and Roy Reznik, has assembled a world-class team with a dedicated focus on making it easier to enhance data security in the cloud.