Cyber Security Co. FireLayers Bought For $55M

October 25, 2016 | Israeli startup FireLayers, which develops cyber-security solutions for cloud IT,  has been acquired by US cyber security company Proofpoint Inc. for $55 million. Proofpoint will pay $46 million in cash and $9 million in shares for the Herzliya based company. FireLayers, which formally launched in 2014, was  co-founded by CEO Yair Grindlinger and president Doron Elgressy.