Vanta to Acquire Israeli Firm Pillar Security in Roughly $150 Million Deal

In depth

US company Vanta will acquire Pillar Security, an Israeli AI security firm founded in 2023, in a stock and cash deal worth about $150 million. The company has raised $9 million to date. Pillar will become Vanta's development center in Israel, and more than 20 of its employees will join it. The founders will continue to lead the AI security operations.

Vanta, valued at $4.15 billion and serving more than 20,000 customers, will integrate Pillar's technology into its product during 2027. The acquisition is Vanta's third.

Pillar Security develops protection solutions for AI systems, including AI agents. The deal includes stock and cash, and all its employees and founders will continue in their roles.