Facebook made an ultra deal and owned PrivateCore

Facebook made an official announcement early in this morning that: Facebook made an ultra deal & owned “PrivateCore“.  Facebook’s sole intention behind this acquisition is to safeguard its servers and customers by deploying the technology of “PrivateCore” a Palo Alto, California based secure server Technology Company. Facebook official spokesperson stated that: both Facebook and PrivateCore had a combined vision and they intend to safeguard the Facebook customers by this ultra deal through VCage technology of PrivateCore.

As per Wikipedia and Crunchbase records considered: PrivateCore, a ground breaking technology server company backed by $2.3 million funded by TEEC Angel Fund and Foundation Capital.  PrivateCore was established by security veterans from VMware and Google in 2011.  PrivateCore team included CEO Oded Horovitz, who was expert senior engineer at VMware’s networking and security group and who worked on vShield and VMSafe security products and also worked at McAfee and Entercept. Co-founder Stephen Weis a technical director at AppDirect and a member of the applied security group.

Coming to PrivateCore, the main technology that made it to stand before Facebook now is: “vCage solution”.  Facebook’s Chief Security Officer, Joe Sullivan expressed “The team at PrivateCore is also made up of top-notch security veterans with a lot of experience.”

Facebook’s Chief Security Officer, Joe Sullivan explains about vCage solution or software: “VCage protect & safeguard the servers and customers’ data in use which runs on flexibility features of Cloud.  This VCage solution safeguards secure server data through server attestation and memory encryption.  The company’s attestation and memory encryption technology fills a gap that exists between “data in motion” encryption (TLS, email encryption) and “data at rest” encryption (disk encryption, tape encryption) by protecting “data in use” (random access memory). PrivateCore memory encryption technology protects against threats to servers such as cold boot attacks, hardware advanced persistent threats, rootkits/bootkits, computer hardware supply chain attacks, and physical threats to servers from insiders.”

PrivateCore CEO Horovitz has also now shared an announcement of his own, posted to the company website: “We have some big news: PrivateCore will be joining Facebook.  What makes this development so exciting for us is that Facebook and PrivateCore have an aligned mission. Facebook has done more than any company to connect the world, and we want to use our secure server technology to help make the world’s connections more secure”.