Sources: Palo Alto Networks in talks to acquire AI agent security startup Clutch Security for about $500 million.

PANews, November 6 news: According to TechCrunch citing people familiar with the matter, cybersecurity company Palo Alto Networks is in talks to acquire Israeli AI agent security startup Clutch Security for about $500 million in cash, potentially including milestone payments; neither party commented, the deal has not been announced and may not be completed. The Information first reported the talks. Clutch focuses on securing AI agents' access to enterprise systems, was valued at about $85 million in its January 2025 Series A round, and currently has annual recurring revenue approaching $10 million.