acquisition

Palo Alto Networks Acquires Stealthy Cybersecurity Startup Morta Security

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Palo Alto Networks announced on Monday that it has acquired cybersecurity startup Morta Security for an undisclosed amount in order to help customers detect and prevent cyberattacks more effectively.

Morta Security, based in Silicon Valley, has been operating in stealth mode since 2012 and was founded by former executives and engineers from the National Security Agency.

Palo Alto Networks said Morta Security brings a team experienced at protecting national infrastructure, as well as capabilities to support Palo Alto Networks’ flagship WildFire firewall platform, including new techniques to detect and fix malware.

The acquisition comes on the heels of FireEye’s announcement last week that it would acquire Mandiant for $1 billion. Mandiant’s automated end-user threat response platform generates over $100 million in annual sales.

“The Morta team brings additional valuable threat intelligence experience and capabilities to Palo Alto Networks,” Mark McLaughlin, president and CEO of Palo Alto Networks said. “The company’s technology developments align well with our highly integrated, automated and scalable platform approach and their contributions will translate into additive threat detection and prevention benefits for our customers.”

Palo Alto Networks said that unlike legacy point technologies, its begins by inspecting all traffic, ports, and protocols to block all known threats. Its technology automatically employs new signatures and policies to ensure previously unknown threats are known and subsequently blocked.

Last year, Morta Security landed its first round of funding led by Andreessen Horowitz, Data Collective, Greylock Partners and Norwest Venture Partners.

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