investmentsPublished: 03 Sept 2026, 03:44Trust level: verified

Palo Alto Networks acquires Thrive-backed Console for $500M

Palo Alto Networks acquires Thrive-backed Console for $500M

Summary

Palo Alto Networks has reportedly acquired Thrive-backed startup Console in a deal valued at $500 million.

Prepared by the newsroom with AI assistance; the original link is always provided

Cybersecurity giant Palo Alto Networks has acquired Thrive-backed startup Console for $500 million, according to informed sources.

Industry watchers believe the deal leaves Sequoia-backed Serval as the de facto startup leader in the AI IT service automation sector.

Source: TechCrunch

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