Zscaler Acquires Avalor to Enhance AI Integration in Security Solutions

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Zscaler, a cloud security company with headquarters in San Jose, California, has acquired cybersecurity startup Avalor 26 months after its founding, reportedly for $310 million in cash and equity. But what sets Avalor apart is the ability to handle data from virtually any source in any format, and its unique set of vulnerability risk management and prioritization tools. Prior to the Zscaler acquisition, Avalor managed to secure $30 million from investors including TCV, Salesforce Ventures, Jibe Ventures and Cyberstarts. And Raz sees Zscaler taking the business — and its ~80-person team spread across the U.S. and Israel — further. As Crunchbase’s Chris Metinko noted earlier today, Zscaler’s acquisition — along with others in the cybersecurity space — could help spark activity in a slow-to-stagnant cyber M&A market.