Palo Alto Networks to buy Bridgecrew for $156 mn

Palo Alto Networks has agreed to acquire Bridgecrew, a cloud security company, for $156 million in cash.
Palo Alto Networks CEO Nikesh Arora
Palo Alto Networks’s Prisma Cloud services more than 1,800 customers, including 70 percent of the Fortune 100.

Bridgecrew is a pioneer in shift left, focusing on infrastructure as code (IaC), where infrastructure configuration is codified during development. The company’s developer-first IaC security platform offers developers and DevOps teams a systematic way to enforce infrastructure security standards throughout the development lifecycle.

The proposed acquisition will enable Prisma Cloud to provide developers with security assessment and enforcement capabilities throughout the DevOps process.

Prisma Cloud customers will benefit from a single platform that will deliver cloud security from build time to runtime, seamlessly connecting security and DevOps teams. This again highlights the need for a comprehensive approach to cloud security that simply can’t be achieved with point products.

Bridgecrew’s open-source IaC scanner, Checkov, has gained significant early traction with developers, surpassing 1 million downloads in 2020.

Palo Alto Networks will invest in Bridgecrew’s open-source initiatives as part of its commitment to DevOps security.

Bridgecrew co-founders, Idan Tendler, Barak Schoster and Guy Eisenkot, and their teams will join Palo Alto Networks.

Palo Alto Networks said the acquisition is not expected to have a material impact on the company’s financials.

Shift left security is a must-have in any cloud security platform. Developers don’t want to wait until runtime to find out their security is not working, and the CISO charged with protecting the entire organization certainly values higher security from fixing issues earlier in the development lifecycle,” Nikesh Arora, chairman and CEO of Palo Alto Networks, said.