Orca Security Israel’s latest unicorn worth $ 1.2 billion – Jewish Business News

Orca Security Israel’s latest unicorn with a valuation of $ 1.2 billion

The status comes after a round of funding of $ 210.

Avi Shua and Gil Geron, founders of Orca Security (PR Pic)

Israeli startup Orca Security is now a Unicorn. The cybersecurity company hit that milestone by completing a $ 210 million Series C funding round led by CapitalG, Alphabet’s independent growth fund, and Redpoint Ventures, which left it at a valuation of $ 1.2 billion.

Orca Security is the seventh Israeli startup become a unicorn since december. He joined Aqua Security, Yotpo, Papaya Global, Wiz, Axionusand Melio.

Founded in 2019, Orca Security delivers innovation in cloud security. The company provides cloud and workload scale security and compliance for AWS, Azure, and GCP. Orca prides itself on treating a customer’s cloud as a “network of interconnected assets, prioritizing risks based on the severity of the underlying security issue combined with the environmental context, including its accessibility and potential damage. for the company.” This removes thousands of unnecessary security alerts to provide only the few of the most important, along with their precise path to remediation.

Orca Security says its solution deploys in minutes, not months, because “no opcodes are running in your cloud environment. With Orca, there are no sloppy assets, no DevOps headaches, and no performance issues in live environments. “

It’s all going to the cloud these days. Are you using Google Docs or any of the other Google services? Well, all of your files are stored on servers located around the world. The same is also true now with MS Office which offers cloud-based software services to customers. Laptops have always had limited storage capacity. And more and more people are opting for tablets that don’t offer the same services as a computer. Cloud services will therefore soon be standard.

“By creating a security solution that actually works, we are solving a fundamental problem that has been solved since the inception of cloud security,” said Avi Shua, CEO and co-founder of Orca Security. “With increasing threats and the rapid expansion of cloud fleets, businesses cannot be overwhelmed by installing and maintaining agents and sidecars. We empower our clients to instantly protect their cloud environments, eliminate avenues of attack, fuel digital transformation and meet compliance mandates. “

Orca’s Security’s patent-pending SideScanning technology is at the heart of its platform. SideScanning reads cloud configuration and runtime block storage of out-of-band workloads to detect vulnerabilities, malware, configuration errors, lateral movement risk, authentication risk, secret keys, insecure personal information, etc. Orca Security claims it is the first cloud security solution that solves these risks without agents or through asset integration, providing businesses with 100% visibility and coverage in minutes.

“In a cloud environment, you frequently increase and decrease usage – perhaps thousands of times per hour across multiple clouds – all in a CI / CD pipeline that builds your infrastructure. I have tried many agent-based tools and they have all failed miserably. “said Drew Daniels, CIO and RSSI, Druva, Inc.” Orca provides 100% coverage without weighing down our DevOps team. It just works.

Learn more about:

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *