Zscaler Inc. has acquired Avalor Technologies Inc., a startup that helps companies analyze the vulnerability data generated by their cybersecurity tools.

The companies announced the deal today. Zscaler detailed that it’s financing the acquisition, which closed on Wednesday, with a combination of cash and stock, but didn’t disclose the price tag. Globes reported that the transaction values Avalor at $350 million.

San Jose, California-based Zscaler is a major provider of cybersecurity software, with more than 5,000 customers worldwide. The company’s products help enterprises ensure that their internal data is stored in a secure manner, manage employee access to applications and perform related tasks. Zscaler’s revenue reached $525 million last quarter, a 35% increase from a year earlier. 

Avalor is a New York- and Tel Aviv-based startup that raised $30 million prior to this week’s acquisition. Its flagship product is an analytics platform called the Data Fabric for Security. The platform can aggregate data generated by a company’s other cybersecurity tools, such as information about software vulnerabilities, and make it easier to understand.

Large enterprises use upwards of dozens of cybersecurity products. As a result, there are situations where multiple products detect the same vulnerability and generate duplicate alerts. Avalor’s platform can compress duplicate alerts into a single item to ease analysis, as well as add contextual details such as data on which business units are affected by a vulnerability. 

Data Fabric for Security also performs other tasks. It can prioritize cybersecurity issues by severity, as well as visualize key details about each vulnerability in dashboards. If administrators require information that is not included in a given dashboard, they can use a built-in query engine to retrieve additional data.

“Zscaler operates the world’s largest security cloud with the most relevant data to train security specific large language models and with the Avalor acquisition, we can more effectively identify vulnerabilities, while predicting and preventing breaches,” said Zscaler founder and Chief Executive Officer Jay Chaudhry.

Zscaler will use Avalor’s technology to enhance its Zero Trust Exchange platform. The platform enables companies to make their applications inaccessible from the public web, as well as scan the network traffic those applications receive for malware. Zero Trust Exchange doubles as a tool for processing employee login requests.

Following the acquisition, Avalor will operate as an independent business unit of Zscaler. Its technology will help customers analyze the security data collected by the Zero Trust Exchange and correlate it with information from other breach prevention tools. 

Image: Avalor