PALERRA AND ORACLE: EXCITING NEWS!!!
Three years ago, we founded Palerra with a singular vision in mind; enable and accelerate enterprise adoption of Cloud and SaaS applications by reducing security concerns. Most importantly, we wanted to ensure that end-users were not impacted or impeded in their daily usage of Cloud and SaaS applications.
Today we are excited to share the news that Palerra has entered into a definitive agreement to be acquired by Oracle. Together with the team at Oracle, we look forward to continuing to delight our customers and expand our innovation in cloud security. Once the transaction closes, my co-founder Ganesh and I and the Palerra team will be excited to join Oracle and continue our entrepreneurial spirit at a much greater scale.
Along with the dramatic expansion of Cloud technologies in the enterprise, security for the Cloud has become a top business priority. In fact, the industry has given this movement a moniker – Cloud Access Security Broker or CASB. Modern enterprises expect to get better visibility, achieve rapid value, and deliver peace of mind to their end-users who access their cloud applications, while making it a seamless and secure user experience. Palerra has been a pioneer in this new generation of CASB, with a focus on protecting both information and infrastructure in the Cloud. With cutting-edge security monitoring, and an unparalleled focus on automation, all built on an API-centric big data platform, Palerra protects mission-critical Cloud workloads for enterprises in every major industry vertical. And we do this while ensuring no change in user behavior – securing usage from any location, from any device, and at any time.
Together, Oracle and Palerra will help accelerate cloud adoption securely by providing comprehensive identity and security cloud services. The combination of Oracle’s Identity Cloud Service and Palerra’s CASB platform plan to deliver comprehensive protection for users, applications and APIs, data, and infrastructure to secure enterprises in their adoption of Cloud and SaaS applications. For more information, please click here.
If you are a customer of Palerra, rest assured that we will continue to provide you with the exceptional service you have come to expect of us. If you are not, give us a try.
For Palerra, this is a new beginning.