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US Firm Vanta Acquires Israeli AI Security Startup Pillar Security for $150 Million
US-based Vanta has acquired Israeli cybersecurity startup Pillar Security for approximately $150 million in a cash and stock deal. Pillar Security will establish Vanta's R&D center in Israel, focusing on AI security. Founded in 2023, Pillar Security developed a system for mapping and securing AI applications.
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What happened
- 01Vanta acquired Israeli firm Pillar Security for approximately $150 million in a cash and stock deal.
- 02Pillar Security will become Vanta's R&D center in Israel, focusing on AI security.
- 03Pillar Security, founded in 2023, developed a system for mapping and securing AI applications.
- 04The acquisition aims to enhance Vanta's capabilities in AI system control and governance.
- 05This is Vanta's third acquisition and a significant expansion of its Israeli operations.
This acquisition enhances Vanta's AI governance capabilities and marks its third acquisition, expanding its presence in Israel.
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