# Palerra

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/palerra

- Industry: IT Infrastructure
- Headquarters: Santa Clara, US
- Website: www.palerra.com
- Total disclosed funding: $24M
- Latest round: Series B (Mar 20, 2015)
- Investors on record: 4

## About

Palerra, Inc. specializes in providing integrated security solutions for cloud infrastructures, helping organizations secure their data and applications while adhering to compliance standards.Founded in 2013 and headquartered in Santa Clara, US, Palerra, Inc. focuses on cloud security solutions. The company was acquired by Oracle Corporation in September 2016. The acquisition details were not disclosed. Palerra has engaged in four notable investment rounds, with the latest being a Series B round that raised USD 16.50 mn, bringing the total amount raised to USD 16.50 mn and the current valuation to USD 52.64 mn. August Capital led the latest funding round, with additional investment from Engineering Capital, Norwest Venture Partners, and Wing.Palerra, Inc. offers a suite of integrated security solutions through Oracle Cloud Infrastructure (OCI) Security, designed to mitigate risks associated with cloud workloads. Their key products include Oracle Cloud Guard, which provides a unified view of security posture, Oracle Data Safe for database security, and Identity and Access Management solutions. This platform features advanced capabilities such as isolated network virtualization and a hardware root of trust, tailored for a global client base spanning industries from government to finance, and deployed in regions including North America, Europe, and Asia-Pacific.Palerra, Inc. generates revenue through a subscription-based model for its Cloud Security services, allowing clients to access features based on specific needs. Clients enter contracts with tiered pricing structures, relating costs to monitored resources, required service levels, and additional features like enhanced threat intelligence. Their business model relies on partnerships and direct transactions, servicing clients from large enterprises to government agencies, with flagship products including the Oracle Cloud Infrastructure Web Application Firewall and Oracle Cloud Infrastructure Certificates.Palerra, Inc. aims to expand its product offerings and geographic reach in the coming years. They are focusing on new product designs and launches, although specific release dates have not been announced. The company intends to penetrate additional markets and regions, although specific targets have not been disclosed. Recent funding from the Series B round will be utilized to support these initiatives. In September 2016, Palerra was acquired by Oracle Corporation, which may influence future growth strategies.

## Funding rounds

- Series B, Mar 20, 2015, $17M — Norwest Venture Partners, August Capital, Wing, Engineering Capital
- Series A, Feb 19, 2014, $7.7M — Norwest Venture Partners, Wing

## Investors

- Norwest Venture Partners (https://capitalatlas.ai/funds/norwest-venture-partners) — Series A, Series B
- Wing (https://capitalatlas.ai/funds/wing) — Series A, Series B
- August Capital (https://capitalatlas.ai/funds/august-capital) — Series B
- Engineering Capital (https://capitalatlas.ai/funds/engineering-capital) — Series B