Palo Alto Networks in talks to acquire Clutch Security for approximately $500 million.
Palo Alto Networks is in talks to acquire AI agent security startup Clutch Security for approximately $500 million in cash, with potential milestone payments. Neither company has commented, and the deal has not been announced and may not be completed. Clutch Security focuses on securing AI agents' access to enterprise systems. In January 2025, it was valued at approximately $85 million in its Series A funding round, and currently has annual recurring revenue approaching $10 million. (Source: TechCrunch, Information Daily)