Santa Clara, California-based Cyphort was founded in 2011. And it’s raised $53.7 million in funding in four rounds, according to Crunchbase.
Cyphort’s software integrates with existing security tools to discover and contain the threats that bypass the first line of security defense. This is accomplished through machine learning and behavioral analytics.
The acquisition is expected to close within the next month.
“We are very excited to welcome the Cyphort team to Juniper, and we look forward to their contributions and solutions to bolster Juniper’s software-defined secure network solution,” wrote Kevin Hutchins, SVP of strategy and product management at Juniper, in a blog posting today.
In fact, Manoj Leelanivas, the chief executive officer of Cyphort, was a 14-year veteran at Juniper where he lastly served as the executive vice president of worldwide sales for advanced technologies.
In July, Juniper’s CEO Rami Rahim hinted that the company was looking at security startups as potential acquisition targets. He said at the time, “I think any sort of inorganic activity that we would contemplate would be more around the new modes of security… around enabling customers to migrate to public clouds or to hybrid cloud offerings without compromising their data, their users, their workloads.”