Sunday, July 19, 2015

Mictosoft Buys Israeli Company Adallom for $320 million

An amazing exit: Cloud access security broker Adallom is sold to Microsoft for $320 million. 

In April Adallom secured  $30m round C investment including a strategic investment by newly launched Hewlett Packard Ventures, new stakeholder Rembrandt Venture Partners, and previous investors Sequoia Capital and Index Ventures.

Adallom has raised a total of $49.5 million since its inception in 2012.

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