Aqua Security raises $60 million in funding as an initiative to develop a purpose-built solution to protect customers’ digital transformations.
Aqua Security, an Israel-based cloud-native security solutions provider, has raised $60 million in funding. The round was led by new investor Evolution Equity Partners, with participation from existing investors Insight Partners, Lightspeed Venture Partners (backed Cato Networks, Wondermind, and Zluri), and StepStone Group.
Dror Davidoff, co-founder and CEO of Aqua Security, said, “Investors continue to appreciate Aqua’s enormous potential, and the surging demand for our solution. Eight years ago, we envisioned a world where all new applications would be built native to the cloud. Today we are here in a market we pioneered with a purpose-built solution to protect customers’ digital transformations. We are excited for what’s ahead in 2024″.
The funding comes after a stellar 2023 for Aqua Security. In addition to a 65% increase in new business over the year, the unicorn was named a Fortune Cyber 60 list of the most important venture-backed startups. Aqua also earned top honours including CISO Choice Awards winner in the Cloud Workload Protection Platform (CWPP) category and the “Enterprise Cloud Security Solution Provider of the Year” in the CyberSecurity Breakthrough Awards.
