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NEWS & INSIGHTS

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Allegis Portfolio Company Area 1 to be acquired by Cloudflare

Congratulations to Area 1 founder Oren Falkowitz and CEO and President  Patrick Sweeney on Area 1's announced acquisition by industry-leader Cloudflare.  Oren and his team started Area 1 with a innovative vision on how to identify and stop e-mail based cyber-attacks.  Having stopped over 40 million attacks targeting their customers in 2021, they have set a high bar for the industry and will deliver significant value to the Cloudflare customer base.  AllegisCyber is proud to date our partnership with the Area 1 team back to their seed financing and it has been an honor to partner with an amazing team in their essential mission.

Area 1 Security said that it blocked over 40 million phishing campaigns for its customers in 2021 alone.

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area1security, allegiscyber, orenfalkowitz, portfolio news