Databricks acquires cybersecurity startup Panther Labs to bolster AI-driven security platform
Summary
Databricks is acquiring cybersecurity startup Panther Labs to strengthen its position in the security market against competitors like Splunk and CrowdStrike. The deal price was undisclosed, but Panther was last valued at $1.4 billion after a $120 million funding round. This marks Databricks' third security acquisition, following Antimatter and SiftD.ai. Panther's platform centralizes security data and uses AI agents to automatically triage alerts and investigate threats, including in AI-native environments. Databricks recently launched Lakewatch in March and aims to target legacy SIEM systems, with Panther adding a ready-made platform and cloud-native threat-detection team.
Source
bskyDatabricks acquires cybersecurity startup Panther Labs to bolster AI-driven security platformbriefly.coKey quotes
· 4 pulledThe acquisition is Databricks' third security purchase, following Antimatter and SiftD.ai.
Panther centralizes security data so AI agents can triage alerts and investigate threats automatically, including in AI-native environments.
Databricks targets legacy SIEM systems and launched Lakewatch in March, with Panther adding a ready-made platform and cloud-native threat-detection team.
Panther was last valued at $1.4bn after a $120mn funding round.
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