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Palo Alto Networks in talks to buy AI agent security startup Clutch for $500M
Clutch, backed by Lightspeed and SignalFire, was last valued at $85 million, according to a source.
By TechCrunch
Excerpt shared by Lazyfounder
·Excerpt
Palo Alto Networks is in talks to acquire Clutch Security, a startup that secures AI agents’ access to company systems, for $500 million in cash plus additional milestone-based payouts, according to a person familiar with the discussions.
Three-year-old Clutch was last valued at $85 million when it raised a $20 million Series A round in January 2025, led by Lightspeed and SignalFire, according to…
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