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Palo Alto Networks Unit 42 Named a Leader in Cybersecurity Incident Response Services

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Unit 42 receives highest possible scores in nine criteria including Innovation, Technology, Threat Intelligence, Cloud Environments, and IR Leadership and Team Structure 

SANTA CLARA, Calif., June 10, 2024 /PRNewswire/ — Palo Alto Networks (NASDAQ: PANW), the global cybersecurity leader, today announced Palo Alto Networks® Unit 42® has been named as a Leader in The Forrester Wave™: Cybersecurity Incident Response Services, Q2 2024.  

Wendi Whitmore, Senior Vice President and Head of Unit 42 at Palo Alto Networks, said:
“As the threat landscape intensifies and attacks increase in speed, scale, and sophistication, organizations need a strategic partner to help them prepare for and respond to incidents; Unit 42 is that and more. As trusted advisors and partners, we guide our clients through some of the world’s most significant cybersecurity incidents, ultimately transforming their security posture by leveraging the full power of Palo Alto Networks AI-powered security platforms and solutions to prevent and reduce the likelihood of future attacks.”

The Unit 42 team includes a global team of threat experts and seasoned IR consultants with a depth of experience ranging from complex ransomware investigations to insider threats, vulnerability exploitation and nation-state attacks. 

In the last year, Unit 42 nearly doubled its number of Incident Response (IR) Retainer customers. This growth is a testament to the team’s relentless pursuit of excellence, enabling them to more effectively navigate complex incident response investigations and help them respond and recover stronger than before. The global nature of the team enables Unit 42 to respond 24/7 to cybersecurity incidents quickly. 

The Forrester report recognizes Unit 42 for the following reasons: 

“The combined team and offering under the Unit 42 product name has gone global and launched innovative IR offerings.””It also brought in top leadership talent, built up its global presence, and expanded its partner network over the last two years to complement its in-house products and services, allowing it to hold its own with the larger IR firms and big consultancies.””Investigations are enhanced by its threat intelligence capabilities, including embedded analysts for each response and dynamic battlecards guiding response or negotiation activities by specific threat actors.””[Unit 42 offering is designed to]…streamline the retainer management and IR processes, especially for those one-to-many breaches where a vulnerability in a tech product affects hundreds or thousands of customers.””Unit 42 recently launched Arcade, an IR client onboarding and retainer management platform designed to establish a customer’s security profile, gain situational awareness of the customer’s environment, and serve as a relationship hub.” 

Unit 42’s incident response approach goes beyond responding quickly and effectively; it’s about transforming an organization’s security posture and enhancing overall cyber resilience. Utilizing Precision AI™ technology, Unit 42 automates detection, prevention and remediation, shifting security from reactive to proactive. Its team of experts helps clients mature their security strategies after an incident to reduce the likelihood of future attacks and ensure business continuity. To better prepare organizations for future threats, Palo Alto Networks leverages Unit 42 threat intelligence derived from thousands of IR engagements to inform a cycle of continuous improvement and technology development across its network, cloud and SOC platforms and solutions.

For more information about Unit 42’s incident response services and to download a complimentary copy of “The Forrester Wave™: Incident Response Services, Q2 2024” visit https://start.paloaltonetworks.com/forrester-wave-incident-response or read the blog. 

This is the second Forrester Wave this month in which Palo Alto Networks has been positioned as a Leader. In June 2024, Palo Alto Networks was also named a Leader in The Forrester Wave™: Extended Detection and Response, Q2 2024. In total, Palo Alto Networks currently is recognized in 23 cybersecurity product categories by the industry analyst community. 

About Unit 42
Palo Alto Networks Unit 42 brings together world-renowned threat researchers, elite incident responders, and expert security consultants to create an intelligence-driven, response-ready organization passionate about helping you proactively manage cyber risk. Together, our team serves as your trusted advisor to help assess and test your security controls against the right threats, transform your security strategy with a threat-informed approach, and respond to incidents in record time so that you get back to business faster.

About Palo Alto Networks
Palo Alto Networks is the world’s cybersecurity leader. We innovate to outpace cyberthreats, so organizations can embrace technology with confidence. We provide next-gen cybersecurity to thousands of customers globally, across all sectors. Our best-in-class cybersecurity platforms and services are backed by industry-leading threat intelligence and strengthened by state-of-the-art automation. Whether deploying our products to enable the Zero Trust Enterprise, responding to a security incident, or partnering to deliver better security outcomes through a world-class partner ecosystem, we’re committed to helping ensure each day is safer than the one before. It’s what makes us the cybersecurity partner of choice.

At Palo Alto Networks, we’re committed to bringing together the very best people in service of our mission, so we’re also proud to be the cybersecurity workplace of choice, recognized among Newsweek’s Most Loved Workplaces (2023, 2022, 2021), with a score of 100 on the Disability Equality Index (2023, 2022), and HRC Best Places for LGBTQ Equality (2022). For more information, visit www.paloaltonetworks.com.

Palo Alto Networks, Unit 42, Precision AI, and the Palo Alto Networks logo are trademarks of Palo Alto Networks, Inc. in the United States and in jurisdictions throughout the world. All other trademarks, trade names, or service marks used or mentioned herein belong to their respective owners. Any unreleased services or features (and any services or features not generally available to customers) referenced in this or other press releases or public statements are not currently available (or are not yet generally available to customers) and may not be delivered when expected or at all. Customers who purchase Palo Alto Networks applications should make their purchase decisions based on services and features currently generally available.

 

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SOURCE Palo Alto Networks, Inc.

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Addepar Raises $230 Million at $3.25 Billion Valuation in Series G Investment Round

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May 13, 2025

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Vitruvian Partners and WestCap Co-Lead Round with Support from 8VC, Valor Equity Partners and EDBI

NEW YORK, May 13, 2025 /PRNewswire/ — Addepar, a leading global technology and data platform that investment professionals rely on to make the most informed, data-driven investment decisions, announced today the closing of its $230 million Series G investment round. The round was co-led by Vitruvian Partners, headquartered in London, and returning investor, New York-based WestCap, with additional participation from longtime partners 8VC and Valor Equity Partners. Global investor EDBI, operating under SG Growth Capital—the investment platform of the Singapore Economic Development Board (EDB) and Enterprise Singapore—also joined this round as a new investor.

Addepar’s clients use its platform to manage and advise on more than $7 trillion in client assets, up from $5 trillion just a year ago. The company adds more than $25 billion in new assets on average each week, and serves more than 1,200 client firms across more than 50 countries. Addepar is the platform of choice for single-family offices, RIAs, large banks, institutional asset owners and alternative fund managers. With hundreds of thousands of users worldwide, Addepar has become a leader in wealth and investment management technology and data, and delivers outsized value specifically in times of market volatility.

“This investment round reflects the deep trust our investors have in our mission, and the exceptional value we consistently deliver to our clients,” said Eric Poirier, Chief Executive Officer at Addepar. “Since day one, our focus has been on building a unified platform that equips investment professionals with advanced technology, precise data, and actionable insights—essential tools for achieving extraordinary outcomes in today’s rapidly evolving financial landscape. This funding aims to reward everyone who has contributed to our mission during our first 15 years, and reinforces our commitment to empowering the world’s leading firms with deep and lasting innovation. It ensures that our clients are empowered with the right technology, data and tools to navigate the full range of market conditions with confidence.”

Addepar continues to invest over $100 million annually in research and development and is on track to achieve profitability in 2025. The proceeds from its Series G financing will primarily be used to provide liquidity to employees and other investors through a tender offer, allowing them to realize the value of their contributions. In addition, it will further accelerate investments in innovation and client capabilities, enabling firms to differentiate themselves in an increasingly competitive market. Addepar continues to deliver exceptional client satisfaction and retention, strong revenue growth, and rapid product innovation at scale.

“Addepar has established itself as a category leader in investment technology with a strong track record of innovation and measurable global impact,” said Luuk Remmen, Partner at Vitruvian Partners. “We’re proud to bring more than capital to this partnership—offering strategic insight to help accelerate Addepar’s next phase of global growth and extend its transformative solutions to more investment professionals worldwide.”

“We’re proud to deepen our partnership with Addepar as they push the boundaries of innovation across the wealth management ecosystem, providing essential solutions for today’s investment managers,” said Jaime Hildreth, Partner at WestCap and Addepar board member. “We recognized Eric and the Addepar team’s vision from the outset and will continue to work alongside their team to build, scale, and pioneer the future of investment management.”

Born in response to the 2008 global financial crisis, Addepar has maintained an unwavering focus on empowering investment professionals with the best data, technology and insights. In doing so, it has set a new standard for the world’s leading wealth managers and investors.

“Addepar is building the global operating system for investment professionals—connecting data, insight, and action in one powerful platform,” said Joe Lonsdale, General Partner at 8VC and Addepar’s Co-founder and Chairman of the Board. “This milestone reflects the market’s belief in that vision and the strength of the team driving it. As Addepar expands its global reach, it’s redefining how capital is managed and decisions are made across the investment ecosystem.”

Today, amid significant market turbulence and economic uncertainty, Addepar is uniquely positioned to double down on innovation—expanding its platform to help clients navigate volatility, manage risk, and deliver differentiated value to their own clients with greater speed, accuracy, and insight. As the company continues to grow, it remains deeply committed to driving meaningful, long-term impact across global markets by empowering firms to act with greater clarity and confidence.

About Addepar
Addepar is a global technology and data company that helps investment professionals provide the most informed, precise guidance for their clients. Hundreds of thousands of users have entrusted Addepar to empower smarter investment decisions and better advice over the last decade. With client presence in more than 50 countries, Addepar’s platform aggregates portfolio, market and client data for more than $7 trillion in assets. Addepar’s open platform integrates with more than 100 software, data and services partners to deliver a complete solution for a wide range of firms and use cases. Addepar embraces a global flexible workforce model with offices in Silicon Valley, New York City, Salt Lake City, Chicago, London, Edinburgh, Pune and Dubai.

About Vitruvian Partners
Vitruvian Partners is a global growth-focused investor with offices across London, Stockholm, Munich, Madrid, Luxembourg, Mumbai, Singapore, Shanghai, Miami, and San Francisco. Vitruvian focuses on dynamic situations characterized by rapid growth and change across asset-light industries. Vitruvian has over $20 billion of active funds which have backed many global winners and leaders in their sectors, including Wise, Marqeta, CFC, Global-e, Darktrace, Just Eat, and Skyscanner. Further information can be found at www.vitruvianpartners.com. 

About WestCap
WestCap is a strategic operating and investing firm that partners with visionary leaders to build generational businesses. Our team is comprised of seasoned industry leaders and entrepreneurs who guide companies through the most pivotal stages of growth. Some of our notable investments include Airbnb, StubHub, Ipreo, Addepar, Hopper, iCapital, SIMON, and GoodLeap. The firm has offices in New York, San Francisco and London. For more information, please visit www.westcap.com.

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Antaisolar Showcases Full-Scenario PV Mounting Solutions at Intersolar Europe 2025, Secures 120MW Distribution Contract

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May 13, 2025

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MUNICH, May 13, 2025 /PRNewswire/ — May 7-9, Antaisolar participated in Intersolar Europe 2025, presenting its distinctive brand identity and comprehensive photovoltaic (PV) mounting solutions tailored for the European market. The showcase included smart tracking systems, distributed rooftop solutions, carports, and ground-mounted structures.

As a key global PV market, Europe is projected to see demand reach a hundred-gigawatt scale in 2025. Different regions exhibit diverse requirements shaped by geography, industrial structures, and energy policies—ranging from large-scale ground-mounted power plants to commercial/industrial rooftops, and emerging applications in innovative scenarios. Antaisolar has keenly identified these nuances, developing specialized solutions such as the TAI-Space multi-rotation single-axis 1P independent tracking system for utility-scale projects, the MetaRoof series for rooftop installations, four-pillar PV carports, and integrated fence/balcony systems. Antaisolar highlighted its next-generation solar roof designing platform – SolarAid, dedicated to simplifying the design and quoting process of rooftop PV projects for both end-users and distributors.

The company’s ability to deliver market-specific solutions stems from its robust localized support framework. Anchored by its R&D center in Spain and subsidiary in the Netherlands, Antaisolar provides localized design services, rapid delivery, and comprehensive operation/maintenance support—ensuring products align seamlessly with regional regulatory requirements, climatic conditions, and market expectations across Europe.

During Intersolar Europe 2025, Antaisolar further strengthened its European footprint by signing a 120MW distribution agreement with French distributor Sunliberty, underscoring Antaisolar’s growing influence in the region. With Europe’s energy transition accelerating, the PV market’s potential is set to expand further. Antaisolar is poised to leverage its all scenario mounting solutions and SolarAid intelligent system to offer European customers more efficient, reliable, and cost-effective choices, driving the continent’s shift toward sustainable energy.

About Antaisolar:

Antaisolar, expert in digital intelligent PV mounting system solutions, is a pioneer in renewable energy solutions specializing in structure and automation control. It ranks among the top 500 global new energy companies and is one of the top ten tracking system brands worldwide.As of 2024, the company’s cumulative global shipment has reached 41.7GW, with leading positions in markets such as Japan, Australia, and Southeast Asia.

Learn More: antaisolar.com

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Oracle and Entanglement Partner to Deliver Advanced Security to Governments and Enterprises

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May 13, 2025

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AUSTIN, Texas, May 13, 2025 /PRNewswire/ — Oracle and seQure, an Entanglement company and Oracle partner, today announced that governments and enterprises can deploy Ground-Truth on Oracle Cloud Infrastructure (OCI). Ground-Truth is a cybersecurity and data observability service that helps automate the detection of threats and vulnerabilities and can reduce event alerts by 90 percent. Previously only available on-premises, Ground-Truth is now available across Oracle’s distributed cloud including public, government, sovereign, and dedicated regions.

By joining Oracle’s defense ecosystem, seQure can empower customers to deploy advanced, AI-driven threat detection while addressing data residency requirements. This helps customers maintain operational agility in complex environments, address regulatory, security, and performance requirements, and get the full benefits of the cloud and sovereign AI.

Reducing false alarms with greater speed and accuracy
Ground-Truth is a zero-trust enterprise continuous monitoring platform that can deliver higher speed, accuracy, and scalability for detecting unknown cyber threats and anomalies. It leverages quantum-inspired algorithms, AI, machine learning, and high-performance computing to deliver real-time threat detection and anomaly identification. This helps customers reduce operational costs and false positives compared to traditional rule-based methods.

“Deploying Ground-Truth on OCI enables seQure to scale and bring its advanced threat detection capabilities to even more governments and enterprises,” said Rand Waldron, vice president, Oracle. “This partnership helps our combined customers identify unknown cyber threats and anomalies faster and more accurately. In addition, it enables customers to benefit from OCI’s built-in security, leading performance, and flexibility.”

Deploying Ground-Truth on OCI enables customers to gain access to:

Automated detection of novel threats and vulnerabilities in under one second.AI-powered operations without rules, leveraging diverse models.Streamlined API-driven integration with existing security stacks spanning corporate networks, Internet of Things, supervisory control and data acquisition, and other operational technology environments.Continuous adaptation to evolving environments through unsupervised learning techniques.High-capacity data processing (up to 20TB of data per day) with speeds up to 1000x faster.Ultra-low false positive rates (<9.9 percent for corporate networks, <3 percent for IoT/SCADA/OT systems).

“Ground-Truth’s AI provides fidelity in threat detection with minimal false positives for both Network and Cyber Security applications,” said Jason Turner, chairman and CEO, Entanglement. “OCI’s high-performance infrastructure and scaling was essential for deploying this solution and enabling us to provide our customers with the benefits of automated scaling, robust security features, and predictable pricing.”

About Oracle’s Partner Program
Oracle’s partner program helps Oracle, and its partners drive joint customer success and business momentum. The newly enhanced program provides partners with choice and flexibility, offering several program pathways and a robust range of foundational benefits spanning training and enablement, go-to-market collaboration, technical accelerators, and success support. To learn more, visit https://www.oracle.com/partner/.

About Entanglement
Entanglement is a next generation computing and AI company powered by a team of world-renowned scientists, researchers, mathematicians, and engineers. By fusing quantum-inspired algorithms, combinatorial optimization, machine learning, AGI, and advanced computing platforms, the company delivers secure, high- performance solutions with unrivaled speed, accuracy, and scalability. For more information, visit www.entanglement.ai

About Oracle
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.

Trademarks
Oracle, Java, MySQL and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company—ushering in the new era of cloud computing.  

 

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