Oracle to Acquire Cloud Security Firm Zenedge
Oracle said Thursday that it has agreed to acquire cloud security firm Zenedge for an undisclosed sum. Zenedge offers a suite of services to protect systems deployed in the cloud, on-premise or in hybrid hosting environments, with solutions including a Web Application Firewall (WAF), Distributed Denial of Service (DDoS) protection, and products to secure applications, networks, databases and APIs from attacks. Additionally, the company provides outsourced security monitoring and mitigating attacks
Powered by artificial intelligence (AI), Zenedge's products and 24/7 virtual Security Operations Center (SOC) defend over 800,000 web properties and networks globally. Oracle says the acquisition of Zenedge expands Oracle Cloud Infrastructure and Oracle's Domain Name System (DNS) capabilities, adding application and network protection that augments existing Oracle security services and partnerships. "The combination with Zenedge equips Oracle Cloud Infrastructure with integrated, next-generation network and infrastructure security, to address modern security threats," claims Don Johnson, Senior Vice President of Product Development, Oracle.
According to Crunchbase, Zenedge has raised approximately £13.7 million in funding.
In September 2016, Oracle announced its acquisition of Cloud Access Security Broker (CASB) firm Palerra for an undisclosed sum, followed by an acquisition of Web traffic management firm Dyn in late 2016.