Palo Alto Networks to Acquire Bengaluru-Based Portkey in AI Security Push
The deal follows Portkey’s recent $15 million Series A funding round, led by Elevation Capital with participation from Lightspeed.
US-based cybersecurity firm Palo Alto Networks has entered into an agreement to acquire Bengaluru-based AI infrastructure startup Portkey as part of its broader push into enterprise AI security and governance.
While financial details of the transaction have not been disclosed, the deal is expected to close in Palo Alto Networks’ fourth quarter of fiscal 2026, subject to customary regulatory approvals.
Founded in 2023 by Ayush Garg and Rohit Agarwal, Portkey builds an AI gateway and LLMOps platform that enables enterprises to manage, monitor, and secure interactions across large language models and AI agents. The platform supports over 1,600 AI models and processes trillions of tokens on a monthly basis.
Palo Alto Networks plans to integrate Portkey’s technology into its Prisma AIRS platform, strengthening its ability to help enterprises secure and govern AI applications and autonomous agents through a unified control layer.
The acquisition comes at a time when enterprises are rapidly adopting AI-driven systems for automation, decision-making, and data access—bringing new challenges around security, visibility, and policy enforcement.
Portkey’s platform allows organizations to route AI requests across multiple models, apply guardrails, monitor usage and costs, and enforce real-time authentication and authorization across AI workflows.
The deal follows Portkey’s recent $15 million Series A funding round, led by Elevation Capital with participation from Lightspeed.
With this acquisition, Palo Alto Networks is strengthening its position in the emerging AI security stack, as demand grows for infrastructure capable of securing increasingly autonomous enterprise AI deployments.