HP Invests in Adallom, Marking First Time It Funds an Israeli Startup

With latest infusion of capital, the Israeli cloud security firm has raised nearly $50 million since it was founded in 2012.

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Hewlett Packard Ventures, the new investment arm of HP, announced its first investment in an Israeli startup on Tuesday — in cloud security firm Adallom. The money from HP brings the take from Adallom’s last...