Friday, July 27, 2018

Imperva Buys Prevoty For $140M

Redwood Shores-based Imperva said on Thursday that it has acquired Los Angeles-based DevOps security software developer Prevoty. Imperva said it would pay $140M in cash for Prevoty, subject to potential working capital and other adjustments. The deal is expected to close in Q3. According to Imperva, the deal will help it add a new layer of security to its products. Prevoty's software helps protect enterprise applications from attacks, and is used in the DevOps area. Prevoty's CEO is Julien Bellanger. The company had announced about $21.7M across three rounds of funding. The company's investors include , which is backed Trident Capital Cybersecurity, US Venture Partners, Plus Capital, Double M Capital, Core Ventures Group, Inventures Group, Daher Capital, Digi Venture Fund and Karlin Ventures, plus angels Plus Capital, MM Capital, Paige Craig, Eric Hann (Netscape), and others.