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Zscaler buys Israeli cybersecurity co Avalor for $350m

Avalor was founded only two years ago and has raised $30 million to date. US cybersecurity company Zscaler has announced that it is acquiring early stage Israeli cybersecurity startup Avalor for $350 million. The big winners from the acquisition are Avalor's founders CEO Raanan Raz and CTO Kfir Tishbi and the initial investors including Cyberstarts, Datorama founders Ran Sarig and Efi Cohen and Israel's Jibe Fund as well as later investors including TCV, and Salesforce Ventures. Estimates are th...

Read more at en.globes.co.il

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