Palo Alto Networks, a global cybersecurity provider, has purchased Bridgecrew, a developer-first cloud security company. The acquisition will enable “shift left” security, with Prisma Cloud becoming a cloud security platform to deliver across the full application lifecycle.
Bridgecrew co-founders, Idan Tendler, Barak Schoster and Guy Eisenkot, and their teams will join Palo Alto Networks. Under the terms of the agreement, Palo Alto Networks will acquire Bridgecrew for approximately $156 million in cash, excluding the value of replacement equity awards, subject to adjustments.
“Shift left security is a must-have in any cloud security platform. Developers don’t want to wait until runtime to find out their security is not working, and the CISO charged with protecting the entire organization certainly values higher security from fixing issues earlier in the development lifecycle. We are thrilled to welcome Bridgecrew, and their widely adopted and trusted developer security platform, to Palo Alto Networks. When combined, Prisma Cloud customers will benefit from having security embedded in the very foundation of their cloud infrastructure.” said Nikesh Arora, chairman and CEO of Palo Alto Networks