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Palo Alto Networks in talks to buy AI agent security startup Clutch for $500M

Palo Alto Networks is reportedly in discussions to acquire Clutch, an AI agent security startup backed by Lightspeed and SignalFire, for around $500 million. Clutch was last valued at $85 million, indicating a significant premium. The deal highlights growing demand for security solutions tailored to AI agents.

Why it matters: This is a concrete, recent M&A development in the AI security space, offering insight into market valuations and strategic moves.

AI agent securitycybersecuritystartup funding