Microsoft bags Israeli enterprise security startup Aorato
Microsoft on Thursday announced it has acquired Israeli enterprise security startup Aorato.
Founded in 2011 by Israeli Defense Forces veterans, Aorato’s core product is a software that keeps a check on enterprise IT systems. The Israel-based company has raised a total of $11 million in funding until now, including a recent $10 million funding led by Accel Partners and Innovation Endeavors. Mickey Boodaei, Rakesh Loonkar, and Glilot Capital Partner are some of the company’s other key investors.
According to Microsoft, Aorato’s technology focuses on providing intelligent security protection services within company networks by understanding what normal network behaviour is and then taking action quickly when any suspicious behavior is detected.
“I’m pleased to announce today that Microsoft has acquired Aorato, an innovator in enterprise security,” Takeshi Numoto, a vice president for cloud and enterprise marketing at Microsoft, noted in a blog.
Microsoft said that they are going ahead with the acquisition to provide customers with “a new level of protection against threats through better visibility into their identity infrastructure”.
Redmond added that it intends to accelerate company’s ability to deliver “powerful identity and access solutions” to its customers “that span on-premises and the cloud, which is central to our overall hybrid cloud strategy”.
Aorato, in a message on its site, wrote, “Joining Microsoft gives us a unique opportunity to pursue this vision, and help customers at the broadest possible scale.”
Although the financial terms of the deal remains undisclosed, the Wall Street Journal reports that the deal would have cost the Redmond “around $200 million”.