Orca Security, an innovative Israeli cloud security company, raised $550 million in its extended Series C fundraising round led by Temasek, an investment company headquartered in Singapore. The round boosted its valuation by 50% in just seven months to $1.8 Billion.
Orca Security’s C round also includes substantial participation from venture capital firms CapitalG (Alphabet’s independent growth fund), Redpoint Ventures, GGV, ICONIQ Capital, Lone Pine Capital, Stripes, Adams Street Partners, Willoughby Capital, and Harmony Partners.
The company plans to have over a dozen employees in the APAC region by the end of 2021. It will also continue to expand its footprint and customer base in the UK, and across the EMEA region. Furthermore, the company is expanding its global partner program and is continuing to build rapid customer traction with partners in the U.S., Europe, India, Australia, New Zealand, Latin America, and Japan.
Company: Orca Security Ltd.
Raised: $550.0M
Round: extended Series C
Funding Month: October 2021
Lead Investors: Temasek
Additional Investors: CapitalG (Alphabet’s independent growth fund), Redpoint Ventures, GGV, ICONIQ Capital, Lone Pine Capital, Stripes, Adams Street Partners, Willoughby Capital, and Harmony Partners
Company Website: https://orca.security/
Software Category: Cloud Security
About the Company: Orca Security provides instant-on, workload-level security for AWS, Microsoft Azure, and Google Cloud Platform. Cloud Security, Cloud Compliance, Vulnerability Management, AWS Security, Microsoft Azure Security, Google Cloud Platform Security. Orca’s cloud-native solution reads a company’s cloud configuration and can detect malware, misconfigurations, and other vulnerabilities. Orca Security’s patent-pending SideScanning™ technology collects data directly from cloud provider APIs and the workload’s runtime block storage out-of-band. It was founded in 2019 and headquartered in Los Angeles, California.
Source: https://www.israeldefense.co.il/en/node/52102