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Palo Alto Networks paid $500M for Thrive-backed Console, sources say

TechCrunch · Startups · 2026-09-02

Palo Alto Networks paid $500M for Thrive-backed Console, sources say

The acquisition also leaves Sequoia-backed Serval as the de-facto startup leader in AI IT service automation, industry watchers believe. Palo Alto Networks paid $500M for Thrive-backed Console, sources say. The acquisition also leaves Sequoia-backed Serval as the de facto startup leader in AI IT service automation, industry watchers believe.

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