Oracle announced it has agreed to buy venture-backed Palerra for an undisclosed price. The Santa Clara, California-based provider of enterprise cloud security had raised $25 million in funding from August Capital, Norwest Venture Partners, Wing Venture Capital and Engineering Capital.

The company was formerly known as Apprity and emerged from stealth in late 2014.

Source: Press release

Take your pick!

• Buyouts delivers exclusive news and analysis about private equity deals, fundraising, top-quartile managers and more. Get your FREE trial or subscribe now.
• VC Journal provides exclusive news and analysis about venture capital deals, fundraising, top-quartile investors and more. Get your FREE trial or subscribe now.