Oracle Acquires Palerra for Undisclosed Sum
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2359c4d3-79ce-4b9c-8704-4d67cd5ab6bd - 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.
