Veeam Acquires Securiti AI for $1.725B

Veeam Acquires AI Cyber‑resilience Startup Alcion

September 18, 2024

Cybersecurity

Veeam Software has acquired Alcion, an AI-driven backup and cyber‑resilience startup focused on Microsoft 365 protection, and has appointed Alcion co‑founder Niraj Tolia as Veeam's CTO to lead product strategy for Veeam Data Cloud. The Alcion team (fewer than 50 employees) joins Veeam immediately; financial terms were not disclosed and existing Alcion customers will be offered a path to Veeam Data Cloud.

Vectra AI Acquires Siriux Security Technologies

January 25, 2022

Cybersecurity

Vectra AI acquired Siriux Security Technologies to extend its identity and SaaS posture management capabilities, integrating Siriux's analytics for Microsoft Azure AD and Microsoft 365 into Vectra's AI-driven threat detection platform. Siriux will operate under the Vectra brand; financial terms were not disclosed.

Akamai Technologies Acquires API Security Company Neosec

April 19, 2023

Cybersecurity

Akamai Technologies has entered into a definitive agreement to acquire Neosec, an API detection-and-response platform headquartered in Palo Alto (with operations in Tel Aviv). The acquisition expands Akamai's application and API security capabilities by adding Neosec's API visibility and behavioral-analytics technology; the deal is expected to close in Q2 2023 and is not expected to add material revenue for 2023.

VeraScore Acquires Vala AI

February 26, 2025

Software

VeraScore, an AI-enabled financial health SaaS platform based in San Francisco, has acquired Seattle-based Vala AI in an equity deal. Vala AI's applied-AI software dependency and technical-debt management tools will be integrated into VeraScore's platform; Vala AI co-founder and CEO Christian Hammer will join VeraScore's board to support the integration and product expansion.

Cohesity Acquires Veritas' Data Protection Business to Form $7B Company

February 8, 2024

Cybersecurity

Cohesity has combined with Veritas Technologies' enterprise data protection business to create a combined data-protection leader valued at roughly $7 billion. The transaction—funded by a Series H led by Haveli Investments with participation from multiple existing and new investors—scales Cohesity's AI-powered data security and management portfolio, expands workload support (including Veritas NetBackup and appliances), and positions Sanjay Poonen to lead the combined company.

Palo Alto Networks Acquires Protect AI

April 28, 2025

Cybersecurity

Palo Alto Networks has acquired Protect AI, a Seattle-based startup that secures AI models and deployments, in a deal announced in 2025 (terms not disclosed; sources pegged the value north of $500 million). The acquisition will fold Protect AI's model scanning, posture management, red teaming, and runtime protection capabilities into Palo Alto's Prisma AIRS platform to expand its AI security offerings for enterprise and government customers.