Okay, deep breath, let's get this over with. In the grand act of digital self-sabotage, we've littered this site with cookies. Yep, we did that. Why? So your highness can have a 'premium' experience or whatever. These traitorous cookies hide in your browser, eagerly waiting to welcome you back like a guilty dog that's just chewed your favorite shoe. And, if that's not enough, they also tattle on which parts of our sad little corner of the web you obsess over. Feels dirty, doesn't it?
Skybox Security Crashes: Once $300M Darling Now a Cybersecurity Ghost Town
Skybox Security, once a high-flying startup, crash-landed and shut down, laying off 300 employees. Its assets were snapped up by rival Tufin, which is now busy playing rescue hero for Skybox’s customers. Tufin CEO Ray Brancato assures everyone of a smooth transition. Meanwhile, Skybox’s investors are left wondering, “Where’d our $335 million go?”
Hot Take:
Skybox Security just went from being a cybersecurity shooting star to a falling comet, crashing straight into Tufin’s open arms. It’s an acquisition that’s sure to make both waves and firewalls tremble. Let’s just hope Tufin has a sturdy “skybox” to keep all those assets from spilling out!
Key Points:
- Skybox Security, once a well-funded startup, has shut down abruptly.
- The company’s assets have been snapped up by rival Tufin.
- Skybox’s closure affects approximately 300 employees in Israel and the U.S.
- Skybox raised over $335 million, with a recent $50 million investment in 2023.
- Tufin assures a smooth transition and introduces a new program for Skybox customers.
Already a member? Log in here