Israeli firms raise $3 billion in record-breaking October
Israel 21C 03.11.2021
Orca Security, with $550 million, leads 6-figure investment rounds closed in October.
In October, Israeli companies raised a record $3 billion, a total that includes 10 six-figure investments.
Topping the list is Orca Security, which raised $550 million in an extended Series C round led by Temasek, an investment company headquartered in Singapore. The round boosted its valuation 50 percent in just seven months to $1.8 billion.
Based in Tel Aviv and Los Angeles, Orca Security — a 2021 Gartner Cool Vendor — provides cloud security solutions.
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