Kamis, 07 Agustus 2014

Facebook Buys Secure Server Technology Provider PrivateCore


Facebook announced this morning it has acquired PrivateCore, a Palo Alto-based secure server technology company. The deal does not appear to be an acqui-hire, as Facebook says that it plans to deploy PrivateCore's technology into Facebook's server stack in order to better protect its own servers.


Terms of the deal were not disclosed, but PrivateCore was backed by $2.3 million in funding from TEEC Angel Fund and Foundation Capital, according to Crunchbase.


Founded in 2011, the startup offered something it called the 'vCage solution' which allowed PrivateCore to validate the integrity of remote servers, while also protecting data-in-use. Its software protected any application in use on commodity x86 servers, which would help combine the security that comes with an on-premise solution with the flexibility of the cloud, the company's website explains.


'PrivateCore and Facebook share a vision of a more connected, secure world,' a Facebook spokesperson stated. 'We plan to deploy PrivateCore's groundbreaking technology into Facebook's server stack to help further our mission to protect the people who use our service.'


PrivateCore CEO Oded Horovitz has also now shared an announcement of its own, posted to its website:


We have some big news: PrivateCore will be joining Facebook. What makes this development so exciting for us is that Facebook and PrivateCore have an aligned mission. Facebook has done more than any company to connect the world, and we want to use our secure server technology to help make the world's connections more secure.


Since the beginning, we have worked tirelessly on our technology to protect servers from malware threats, unauthorized physical access, and malicious hardware devices. Working together with Facebook, there is a huge opportunity to pursue our joint vision at scale with incredible impact. Over time, Facebook plans to deploy our technology into the Facebook stack to help protect the people who use Facebook. We know we will learn and grow as we continue developing our technology and making it stronger.


The PrivateCore team wouldn't be where we are without our investors who believed in us, and we want to thank everyone who has been a part of this journey with us. The work is just beginning and we can't wait to get started.


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