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Aqua Security closes US$62 million in funding to cement cloud leadership

Aqua Security closes US$62 million in funding to cement cloud leadership

CloudEnterprise SecurityIsraelTop Stories

Israel-based Aqua Security, a market leader in protecting container-based, serverless and cloud-native applications, has announced that it has closed a Series C round of US$62 million led by Insight Partners.

Aqua’s existing investors – Lightspeed Venture Partners, M12 (Microsoft’s venture fund), TLV Partners and Shlomo Kramer – have also participated in the round. The Series C investment brings Aqua’s total venture funding to more than US$100 million.

“As investors in several leading cloud technology providers, we were impressed by Aqua and its track record as a security leader in this hyper-growth space,” said Jeff Horing, Co-founder and Managing Director at Insight Partners. “Aqua’s vision, its unrivalled investment in open source technologies and deep relationships with strategic partners have created a tremendous opportunity as customers accelerate their move to cloud-native platforms. We look forward to Aqua joining the Insight portfolio and seeing its continued growth.”

“We are thrilled to have Insight Partners as investors to propel Aqua’s next phase of growth,” said Dror Davidoff, CEO and Co-founder of Aqua. “The adoption of cloud-native technologies provides an opportunity for security to be redefined, addressing the chronic cybersecurity skills shortage through automation and creating applications that are secure by design. With this significant investment and our focus on the needs of enterprise customers and product innovation, we can take the next step to realise our vision.”

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