👉Aqua Security, an Israeli cybersecurity startup, raised $60 million in funding, extending its Series E round to $195 million.
👉The company was founded in 2015 and is based in Tel Aviv and Boston.
👉Aqua Security's platform is utilized by companies like PayPal, Netflix, and Samsung for various cloud security services.
👉Its services include cloud workload protection, Kubernetes security, software supply chain security, risk scanning, vulnerability scanning, and malware protection.
👉Over its lifespan, Aqua Security has amassed approximately $325 million in funding.
👉Evolution Equity Partners led the Series E extension round, joining existing investors like Lightspeed Venture Partners, Insight Partners, and StepStone Group.
👉Despite the recent funding, Aqua Security's valuation seems to have remained at or above $1 billion, which hasn't seen an increase since its Series E announcement three years ago.
👉This valuation stability might raise questions about the company's growth but could also be viewed positively due to new investor confidence.
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