Skybox Security, a cybersecurity firm founded in 2002 and headquartered in San Jose, has abruptly shut down, laying off its 300 employees and leaving Israeli staff without their final paychecks. The company, which raised over $330 million in funding and served major clients, redirected its website to Tufin, who has acquired some of its assets. This unexpected closure poses significant ramifications for the business's executives, employees, and investors, highlighting the volatility in the tech sector despite previous funding successes.
Skybox is shutting down immediately, and Tufin is ready to help you transition as soon as possible. We recommend starting the migration process promptly to avoid service disruptions.
The collapse is a brutal fall for Skybox's executives and employees—and potentially their investors, though the details of the reported deal with Tufin are unclear.
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