Acquisition · AI & Deep Tech

Palo Alto Networks to acquire Portkey for undisclosed sum

What they do

Portkey provides an AI gateway that manages access to over 1,600 models with security features

Palo Alto Networks announced its intent to acquire the startup in a deal expected to close in Q4 fiscal 2026

The acquisition integrates Portkey into Prisma AIRS to centralize control for agentic enterprise security

Palo Alto Networks has announced its intent to acquire Portkey, an Indian-origin AI startup.
The financial terms of the deal remain undisclosed according to available reports.
The transaction is expected to close in Q4 fiscal 2026.
Portkey operates as an LLMOps platform and AI gateway for enterprises.
It provides a single access layer for managing over 1,600 AI models.
Key features include semantic routing, automated failover, and real-time telemetry for security.
The company processes trillions of tokens monthly with low latency requirements.
Portkey will integrate into Palo Alto Networks' Prisma AIRS platform.

The deal aims to create a centralized control plane for agentic enterprise security.
This move expands Palo Alto Networks' capabilities in the rapidly growing AI security market.
Portkey's technology helps manage risks associated with large-scale AI model usage.

Portkey offers an AI gateway that simplifies access to multiple AI models.
The platform handles semantic routing to direct requests to appropriate models efficiently.
It provides automated failover to ensure high availability during service disruptions.
Real-time telemetry and audit logs help monitor usage and detect anomalies.
Features like caching and usage limits optimize performance and control costs.
The system supports agentic workflows requiring complex multi-step AI interactions.
Headquarters are located in San Francisco, while origins trace back to Bengaluru.
The platform is designed for enterprise-grade security and compliance needs.