Company: Orca Security
Founders: Avi Shua, Gil Gron
Fund: $640 million
It started as an idea back in 2019. One that catalyzed security veterans, practitioners, visionaries, and believers into action. An idea that’s revolutionizing how the cloud is being secured. Introducing Orca Security, the industry’s leading cloud security platform, and its mission to make it fast, easy, and cost effective for organizations to address critical cloud security issues so they can operate in the cloud with confidence.
It’s well known that the cloud is revolutionizing the way IT infrastructure is managed, removing the need to purchase, install and configure hardware and shifting the focus to actually building applications. This provides enterprises with greater flexibility, improved business continuity, and reduced costs to achieve significant competitive advantages.
Yet, security vendors and their technologies have been slow to evolve – applying the same traditional approach of compiling together multiple security tools and installing agents in an attempt to gain control of the organization’s security risks. “Customers are fed up with agent-based tools that claim run-time protection but de facto are little more than a gimmick, typically reach only a fraction of the environment, and don’t provide the context security teams desperately need to prioritize critical alerts,” says Avi Shua, CEO and co-founder of Orca Security. “Our growth is exploding because Orca Security simply works. We provide fast agentless deployment, 100 percent coverage of all cloud assets, and automatic prioritization of the alerts that demand quick action.”
Orca’s eight founders (including Avi Shua, CEO, and Gil Geron, CPO), recognized this security gap and believed they could do much better in the cloud. The goal was to provide one complete and centralized cloud security solution that could enable practitioners to focus on actually solving issues, rather than plumbing agents or going through endless disconnected alerts. To support this mission, Orca invented two revolutionary approaches – Sidescanning, that enables full frictionless coverage of your cloud estate, and the Unified Data Model, that allows centralized contextual analysis. Orca is fast becoming the world’s most complete and comprehensive cloud security platform, from prevention to near real-time breach detection, securing cloud applications throughout the software lifecycle process, from development to production.
From a business perspective, in just over three years, Orca raised more than $640 million in its series of fundraising rounds, where the last one (extended C) led by Temasek, a Singaporean state holding company owned by the Government of Singapore, boosted its valuation 50 percent 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.
“Orca Security’s skyrocketing success has cemented its place as a category leader in a multibillion-dollar industry,” said YL Ventures managing partner, Yoav Leitersdorf. “Orca has transformed cloud security, combining best-in-class technology, high caliber human capital and a customer-verified solution to a fundamental problem.”
Fast forward three and a half years later: In 2021 Orca Security’s revenue soared by 800% being trusted by hundreds of global innovators, including Databricks, Autodesk, GANNET, Unity, NCR, and Robinhood. Orca Security’s more than 350 employees lead its innovative growth, and can be found in over 12 countries, and are fluent in many languages (including Python).
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