Palo Alto Networks to acquire Seattle cybersecurity startup Protect AI
From left: Protect AI CTO Badar Ahmed; President Daryan Dehghanpisheh; and CEO Ian Swanson. (Protect AI Photo)
Cybersecurity giant Palo Alto Networks plans to acquire Protect AI, a Seattle startup founded in 2022 that helps companies monitor the various layers and components of machine learning systems.
Terms of the deal, announced Monday, were not disclosed. The deal is expected to close later this year.
Sources familiar with the deal say it was valued north of $500 million.
Protect AI raised a...
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