Oracle Acquires Palerra for Undisclosed Sum

  • Feed Type
  • Date
    9/19/2016
  • Company Name
    Palerra
  • Mailing Address
    3945 Freedom Circle Santa Clara, CA 95054 USA
  • Company Description
    Founded in 2013, Palerra believes in automating the entire security lifecycle, from threat detection to remediation, in order to effectively combat cyber crime and keep enterprises secure. Palerra is a privately held company backed by Norwest Venture Partners and Wing Venture Partners.
  • Website
    http://www.palerra.com
  • Transaction Type
    M&A
  • Transaction Amount
    Undisclosed
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    The combination of Oracle Identity Cloud Service (IDaaS) and Palerra’s CASB solution plan to deliver comprehensive protection for users, applications and APIs, data, and infrastructure to secure customer adoption of cloud. Financial terms of the transaction were not disclosed.

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