Palo Alto Networks in Talks to Buy AI Agent Security Startup Clutch
Palo Alto Networks, a large US cybersecurity company, is reportedly in talks to buy Clutch, a startup that protects AI agents. The deal is said to be worth $500 million. Clutch was last valued at $85 million, according to a source. Its backers include Lightspeed and SignalFire.
Quick glossaryPalo Alto Networks, AI agent, Lightspeed
- Palo Alto Networks
- A large US cybersecurity company best known for its firewalls, which act as digital gatekeepers that block unwanted network traffic.
- AI agent
- A software program that can carry out tasks on its own for a user, such as booking, searching or writing, with little step-by-step help.
- Lightspeed
- Lightspeed Venture Partners, a venture capital firm that invests money in young companies in exchange for a share of their ownership.
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