Palo Alto to buy SaaS application security vendor CirroSecure

Palo Alto Networks, a provider of enterprise security, has acquired CirroSecure, a Silicon Valley-based company, to strengthen SaaS application security offering.

The addition of the CirroSecure technology to the Palo Alto Networks enterprise security platform ensures additional security for SaaS applications such as Box, Dropbox, GitHub, Google Drive, and

Palo Alto Networks
“CirroSecure SaaS security technology expands the capabilities of our platform already in use by more than 24,000 customers worldwide. We enable organizations to embrace SaaS as an extension of their IT infrastructure without security concerns and this addition further strengthens the reach and power of our enterprise security platform,” said Lee Klarich, senior vice president of Product Management at Palo Alto Networks.

Meanwhile, Palo Alto Networks said its revenue for the fiscal third quarter 2015 grew 55 percent to $234.2 million. Net loss was $45.9 million against net loss of $146.6 million for the fiscal third quarter 2014.

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