Akamai to Buy LayerX for $205M: Boosting AI Browser Security

1h ago·0:00 listen·Source: BankInfoSecurity

Summary

Akamai plans to acquire LayerX, a browser security startup, for $205 million. This move aims to enhance Akamai's AI browser security capabilities. LayerX's technology will provide better visibility and control over user interactions within browsers. This is crucial because employees are increasingly using AI tools and cloud applications through their browsers. Akamai believes this secure browser approach, observing interactions right at the source, is the correct method. LayerX, founded in 2021, has 109 employees and has raised $45 million in funding. The company's expertise will complement Akamai's existing zero-trust network architecture. This acquisition matters because it addresses growing concerns about data security and employee interaction with AI tools in the browser environment.

Read the full article on BankInfoSecurity

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