Oracle is set to acquire Zenedge as part of its strategy to enhance business from Cloud customers.
Zenedge earlier mobilised $6.2 million in Series C round led by Pilot Growth Equity, TELUS Ventures and Zoho Corporation.
Zenedge, headquartered in Aventura, Florida, has customers in financial markets, gaming, media and entertainment, e-commerce, education, government and information technology verticals.
The network security company’s Advanced Malicious Bot Detection and Mitigation platform utilizes advanced bot detection techniques to identify and block bad and/or suspicious bot activity and to defend against web and data scraping bots.
Addition of cloud-based network and infrastructure security capabilities that will protect enterprises from digital threats will assist Oracle customers to secure critical IT systems deployed via cloud, on-premise or hybrid hosting environments.
Oracle faces competition from Amazon Web Services (AWS), Microsoft, Google Cloud, Alibaba, among others.
The company did not share financial details of the acquisition.
Customers achieve 99 percent reduction in illicit website traffic to 99.75 percent increase in page load times after deploying Zenedge’s innovative WAF and DDoS mitigation products, said Yuri Frayman, CEO of Zenedge.
The acquisition of Zenedge will support Oracle to integrate Cloud Infrastructure as a Service (Oracle Cloud Infrastructure) with Web Application Firewall (WAF) and Distributed Denial of Service (DDoS) capabilities.
Zenedge’s customers use WAF and DDoS mitigation products to secure their applications, networks, databases and APIs from malicious Internet traffic. Zenedge’s products and 24/7 virtual Security Operations Center (SOC) defend over 800,000 web properties and networks globally.
Zenedge expands Oracle Cloud Infrastructure and Oracle’s Domain Name System (DNS) capabilities, adding application and network protection that augments existing Oracle security services and partnerships.
Don Johnson, senior vice president of Product Development, Oracle, said Oracle Cloud Infrastructure as a Service delivers cloud services to address those needs. The combination with Zenedge equips Oracle Cloud Infrastructure with integrated network and infrastructure security, to address modern security threats.