Cisco set to acquires Isovalent, a cloud-native security and networking startup. The companies did not share the purchase price.
Isovalent has helped develop eBPF, a key open source technology that gives developers deep insight into the operating system layer, typically Linux, but also Windows, while Cilium, another open source project created by the startup, gives visibility into cloud native applications. Tetragon is the company’s open source security visibility component.
It’s worth noting that Cilium is the default connectivity and security piece for Google Kubernetes Engine, Google Anthos and Amazon EKS Anywhere. It’s also being used in a who’s who of large enterprises including Adobe, Bell Canada, Capital One, Datadog, Palantir, IKEA and Sky.
It’s always tricky when a large company buys a startup built on popular open source projects like this and it could potentially cause consternation in both the community and the large companies who have come to depend on this software. Isovalent has key roles at the Cloud Native Computing Foundation (CNCF) and eBPF Foundation, where they are also big code contributors. But Gillis says it’s in the best interest of everyone that the open source pieces thrive as a standard going forward.
Cisco was familiar with the company, even before today’s announcement, having participated in the company’s $29 million Series A at the end of 2020. The startup added a $40 million Series B in 2022 with Cisco also participating along with other strategic investors including Microsoft, Google and Grafana Labs.
Cisco has been extremely acquisitive this year, with this representing the eleventh acquisition by the company, the fifth related to security. The biggest of the bunch by far was the $28 billion Splunk deal announced in September.
This deal is expected to close some time in the second quarter next year.