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Facebook buys cyber-security start-up PrivateCore to protect user data

08/08/2014

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In a move to improve security of its vast server network, Facebook has acquired California-based cyber security startup PrivateCore however the financial terms of the deal were not announced.

PrivateCore, a company that specializes in protecting servers against malware and other kinds of intrusions, was a lunched two year back in 2012 in Palo Alto. The company raised $2.25 million in funding in 2012 from Foundation Capital.

Private Core’s Oded Horovitz stated in a blog post that the two firms “have an aligned mission.”

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“Since the beginning, we have worked tirelessly on our technology to protect servers from malware threats, unauthorized physical access, and malicious hardware devices,” he said. Working together with Facebook, there is a huge opportunity to pursue our joint vision at scale with incredible impact.”

Facebook’s Joe Sullivan stated, “I believe that PrivateCore’s technology and expertise will help support Facebook’s mission to help make the world more open and connected, in a secure and trusted way. Over time, we plan to deploy PrivateCore’s technology directly into the Facebook server stack.”

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