The startup Avalor has been around for just two years but is reportedly being acquired by Zscaler for hundreds of millions.
Zscaler is interested in acquiring Avalor because of the startup’s Data Fabric for Security. In this environment, data from security and business systems can be integrated and better aggregated, allowing for analysis. The technology provides insights that businesses can use to get started.
Combination of Zscaler and Avalor
The data fabric is intended to complement the Zscaler Zero Trust Exchange platform. “Zscaler enables enterprises to significantly enhance and fully automate AI-driven analytics and decision-making in real-time without the complexity of data aggregation and collection,” the company responds. For example, Avalor’s capabilities allow the zero trust platform to be better used to identify and predict critical vulnerabilities and prevent data breaches proactively.
For Zscaler, adding Avalor to its technology is also an opportunity to move further into AI for security. The Zero Trust Exchange processes 400 billion transactions daily, making it a suitable data source. Avalor’s data fabric has just over 150 integrations to help process data. “AI is only as good as the underlying data, and many solutions lack the additional context and knowledge from data sources across the enterprise to truly leverage security specific AI models,” responded Zscaler CEO Jay Chaudhry.
According to Globes, Zscaler would pay $350 million for Avalor, which is about €322 million. However, Zscaler has not confirmed this Amount. Previously, Avalor raised $30 million through investment rounds.
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