Cloud security innovator Orca Security has acquired RapidSec, an Israeli cybersecurity startup based in Tel Aviv that focuses on protecting web applications from client-side attacks, the company announced Wednesday.
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Founded in 2020, RapidSec has 50 paying customers, including Dun & Bradstreet,and Konica Minolta.
RapidSec has seven employees who are all expected to join the acquiring company and form a nucleus for a new development group opening at Orca. RapidSec has raised $500,000 dollars from Spinach Angels – the first investor in the company – as well as from F2 Venture Capital's pre-seed fund, the angels Ofer Ben-Nun and Ohad Bobrov (founders of Talon Security), Ron Rimon (chairman and founder of WhiteSource), Elad Shulman (founder of Segasec) and Amir Konigsberg (serial entrepreneur, CEO of Pragma).
Orca co-founder and CEO Avi Shua said, "We congratulate the entrepreneurs and RapidSec employees on joining Orca. Orca's vision has been and remains – a cloud security solution that works for the customer, enabling organizations to grow in the cloud safely. The acquisition will allow us to further expand our platform and maintain our place as market leaders … RapidSec's product and technology allow its customers to integrate Advanced and browser-based client-side protection – including CSP protocol – with self-service and full automation that scans the network application continuously and adapts itself to any change."
