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Home Science & Technology Startup Nation Tech Bits

Israel's Orca Security raises $210M Series C at $1.2B valuation

by  Noga Martin/ILH Startup Editor
Published on  03-23-2021 16:59
Last modified: 03-23-2021 16:59
Israel's Orca Security raises $210M Series C at $1.2B valuationCourtesy

Orca Security's team | Photo: Courtesy

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Orca Security announced on Tuesday a $210 million Series C round led by CapitalG, Alphabet's independent growth fund, and Redpoint Ventures. The funding follows a December 2020 B round and cements Orca Security's position as the cloud security innovation leader, and the world's fastest cybersecurity company to reach unicorn status. The company has raised nearly $300 million in combined funds at a $1.2 billion valuation since its founding two years ago.

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In 2020, Orca Security has achieved more than 1,000% year-over-year growth and signed numerous forward-thinking organizations including Robinhood, Databricks, Unity, Live Oak Bank, Lemonade and BeyondTrust, among many others.

"By creating a security solution that actually works, we are solving a fundamental problem that has been broken since the inception of cloud security," said Avi Shua, co-founder and CEO of Orca Security. "In the face of increasing threats and rapidly expanding cloud estates, organizations can't be burdened with installing and maintaining agents and sidecars. We enable our customers to instantly protect their cloud environments, eliminate attack paths, fuel digital transformation, and meet compliance mandates."

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