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Aqua Security , an Israeli cybersecurity inauguration that helps companies protect their cloud services , hasraised$60 million in funding , continue itspreviously foretell $ 135 million Series E round of fundingto $ 195 million .
Founded in 2015 , Tel Aviv- and Boston - found Aqua Security claims customers such as PayPal , Netflix and Samsung , which use the Aqua platform for services spanning cloud workload trade protection ( CWPP ) , cloud security posture direction , Kubernetes security posture management , software provision Ernst Boris Chain security , endangerment and vulnerability scanning , malware protection and more .
The society has now raised around $ 325 million since its inception , and with its Series E extension round Aqua ushers in lead investorEvolution Equity Partners , a speculation Washington firm substantively focalise on the cybersecurity industriousness and which launched a new$400 million fundtwo years ago .
Existing Aqua Security investors admit Lightspeed Venture Partners , Insight Partners and StepStone Group also participated in the round .
In an arid funding landscape where much beyond low single - finger’s breadth seed rounds are hard to come by , Aqua ’s latest cash injection could indicate a point of investor authority as the caller seeks new capital to power growth . However , Aqua Security ’s rating has on the face of it remained the same as it was some three days ago when its Series E round was first harbinger . In March , 2021 , Aqua Securitysaidits valuation was “ in excess of $ 1 billion , ” and today it says its rating is “ above ” $ 1 billion .
Three years is a long time to woo would - be investor with impressive growth metrics , so a moribund rating could suggest that business is n’t wholly rosy — but on the flip - side , a new lead investor could also serve as an additional external proof of the startup ’s likely prospects .
