Palo Alto Networks acquires Koi Security

● STRATEGIC | CYBERSECURITY

FEBRUARY 17, 2026

Palo Alto Networks acquires Koi Security

TARGET

Koi's agentic endpoint security platform gives enterprises visibility, risk assessment, and policy enforcement over all self-provisioned software, extensions, AI models, and agents on corporate endpoints.

Ownership	VC-backed
Investors	Battery Ventures, Team8, NFX, Picture Capital, Cerca Partners
Capital raised	$48M
Headcount	11-50 FTEs
Headquarters	Tel Aviv, Israel
Leadership	Amit Assaraf, CEO and Co-Founder
Sell-side advisor	—

ACQUIRER

Palo Alto Networks

Palo Alto Networks delivers an AI-driven cybersecurity platform spanning network security, cloud security, and security operations for enterprises and governments worldwide.

Deal value	$400M deal value
Ownership	Publicly traded (NASDAQ: PANW)
Headcount	16,068 FTEs
Headquarters	Santa Clara, California
Leadership	Nikesh Arora, Chairman and CEO
Buy-side advisor	—

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Palo Alto Networks -> Koi Security  (2026-09-11)
strategic_acquisition | Cybersecurity | $400 million | announced
Target: Koi's agentic endpoint security platform gives enterprises visibility, risk assessment, and policy enforcement over all self-provisioned software, extensions, AI models, and agents on corporate endpoints.
Website: koi.ai | Buyer site: paloaltonetworks.com
HQ: Tel Aviv, Israel | Ownership: vc-backed | Buyer ownership: public (NASDAQ: PANW)
Advisors - not yet credited
Source: Thematic - https://thematichq.com/software/d/palo-alto-networks-koi-security.html

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