Palo Alto Networks in talks to acquire Clutch Security for $500M
The prospective buyout marks a sharp valuation jump from an $85 million Series A round closed in 2025.
Image: Clutch Security
Palo Alto Networks is in negotiations to purchase Clutch Security in a transaction valued at $500 million, according to a report by TechCrunch AI [1].
Founded in 2023, Clutch Security develops tools to protect and manage access controls when autonomous AI agents interact with corporate software environments [1]. The business is backed by venture firms Lightspeed and SignalFire [1]. Operationally, the firm is approaching $10 million in annual recurring revenue [1].
The prospective $500 million price tag represents a significant step up in valuation for the cybersecurity business. Clutch Security previously secured $20 million in Series A funding at an $85 million valuation in Jan. 2025 [1]. Neither firm has publicly closed the transaction [1].
Questions and answers
How much is Palo Alto Networks offering for Clutch Security?
Palo Alto Networks is in discussions to acquire the company for $500 million, according to TechCrunch AI.
What was the previous valuation of Clutch Security?
Clutch Security was valued at $85 million after securing a $20 million Series A round in January 2025.
Companies & investors in this story
Sources
- 1.Palo Alto Networks in talks to buy AI agent security startup Clutch for $500M — TechCrunch AI, Nov 6, 2026
