SYDNEY, AUSTRALIA – F5 (NASDAQ: FFIV), the global leader in delivering and securing every app and API, has announced its intent to acquire a pioneer in enterprise AI security. CalypsoAI’s award-winning platform brings real-time threat defence, red teaming at scale, and data security to enterprises racing to deploy generative and agentic AI. These capabilities will be integrated into the F5 Application Delivery and Security Platform (ADSP) to create the most complete solution for securing AI inference.
“AI is redefining enterprise architecture – and the attack surface companies must defend,” said François Locoh-Donou, President and CEO of F5. “Traditional firewalls and point solutions can’t keep up. The addition of CalypsoAI will give enterprises the confidence to innovate faster and better protect critical data as they rely on F5 to deliver and secure apps, APIs, and AI models across their environment.”
Enterprises are rapidly embedding AI into products and operations, but the new AI stack – spanning applications, agents, APIs, models, and data stores – creates a new and highly dynamic attack surface. Traditional controls are not keeping pace with sophisticated new threats, while mounting regulatory pressure alongside the spread of shadow AI usage heightens risk and compliance gaps. Security teams need a purpose-built and model-agnostic approach that provides guardrails for how AI interacts with data, users, and threats and provides centralised visibility across their infrastructure.
In their recent Market Guide on AI Trust, Risk and Security Management (TRiSM), Gartner® states, “The AI TRiSM market is distinguished by its independence from frontier model provider solutions that also support trust risk and security management. Enterprises must retain independence from any single AI model or hosting provider to ensure scalability, flexibility, cost control and trust, as AI markets rapidly mature and change.” 1
F5 is aiming to tackle this need with CalypsoAI’s adaptive AI security capabilities that deliver proactive and continuous AI protection regardless of model or cloud, including:
- Adversarial threat protection: Protection against new AI threats like prompt injection and jailbreak attacks with real-time threat management. Proactive red-teaming tests against more than 10,000 new attack prompts each month to produce a risk score.
- Secure data: Guardrails detect and prevent sensitive data leakage and policy violations at runtime and audit AI interactions across models.
- Unified visibility and governance: Centralised observability, policy control, and audit logs make it easier to meet GDPR/EU AI Act requirements across SaaS, on-premises, and hybrid environments.
“Enterprises want to move fast with AI while reducing the risk of data leaks, unsafe outputs, or compliance failures,” said Donnchadh Casey, CEO of CalypsoAI. “Our customers rely on us to pressure test AI systems at scale, set inference layer guardrails that adapt as models change, and to gain visibility and auditability across their AI estate. F5 and CalypsoAI are more than the sum of their parts: high performance application delivery and AI security that enable businesses to deliver innovation faster without increasing risk.”
Transaction Details
F5 will acquire all issued and outstanding shares of CalypsoAI, a private company with major operations in Dublin, Ireland for $180 million in purchase consideration financed primarily with cash. The transaction is expected to be immaterial to F5’s revenue and operating results.
The acquisition is subject to customary closing conditions and is expected to close in F5’s fourth quarter fiscal year 2025, ending September 30, 2025.
Foros Advisors LLC acted as financial advisor to F5 while Sullivan & Cromwell LLP acted as legal advisor. Cooley LLP provided legal counsel to CalypsoAI.
Supporting Resources
- CalypsoAI landing page
- Gartner Market Guide for AI Trust, Risk and Security Management (TRiSM)
- Blog Post: Securing AI models and agents without compromise
- Blog Post: How does SecOps feel about AI?
1 Gartner, Market Guide for AI Trust, Risk, and Security Management, 18 February 2025.
GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.
About F5
F5, Inc. (NASDAQ: FFIV) is the global leader that delivers and secures every app. Backed by three decades of expertise, F5 has built the industry’s premier platform – F5 Application Delivery and Security Platform (ADSP) – to deliver and secure every app, every API, anywhere: on-premises, in the cloud, at the edge, and across hybrid, multicloud environments. F5 is committed to innovating and partnering with the world’s largest and most advanced organizations to deliver fast, available, and secure digital experiences. Together, we help each other thrive and bring a better digital world to life.
About CalypsoAI
CalypsoAI provides the only full-lifecycle platform to secure AI models and applications at the inference layer, deploying Agentic Warfare™ to protect organizations from evolving adversaries. Trusted by global enterprises including Palantir and SGK, CalypsoAI’s industry-leading team of experts is doing the hard miles to ensure security keeps pace with AI innovation.
CalypsoAI was founded in 2018 and has secured over $40 million in venture funding from investors including Paladin Capital Group, Lockheed Martin Ventures and Hakluyt Capital. CalypsoAI was a Top-Two Finalist in the 2025 RSAC Innovation Sandbox contest and one of Fast Company’s Most Innovative Companies in AI for 2025.
