Palo Alto Networks Acquires Start-Up Morta Security - NYTimes.com
Jared Sperli stashed this in cyber
Stashed in: Startup
Morta Security’s exclusive focus on those threats attracted the attention of venture capitalists, notably Greylock Partners, Norwest Venture Partners and Andreessen Horowitz, which will all profit from Morta’s sale to Palo Alto Networks, though neither the buyer or the seller will say how much.
“In joining forces, we think we can reach a broader range of customers that we could have on our own,” Raj Shah, Morta’s co-founder and chief executive, said in an interview Monday morning. Mr. Shah will work at Palo Alto Networks as a director for marketing focused on advanced threats.
“We believe the antivirus market is hopelessly behind in being able to address the most acute problems,” said Nir Zuk, the founder of Palo Alto Networks. “That is not where the action is and that is not where the majority of the money is going to be.”
Is there any reason why yet-another-security-acquisition is anything more than yawnworthy?
Morta looks like one of those "fear sells" companies. Yawn.