APR 26, 2024 JLM 62°F 06:49 PM 11:49 AM EST
Orca Security raises additional $340m at $1.8b valuation

Israeli cyber continues to lead the huge investments in high-tech: The cyber company 'Orca Security' announced today (Tuesday) that it has raised $ 550 million, at a company value of $ 1.8 billion, as part of a third round of funding announced earlier this year.

The investment led by Singapore-based company Temasek, boosted the startup’s valuation to $1.8 million, up from $1.2 billion in March. Orca Security states that it intends to leverage Tamsk's network to deepen the company's penetration into global markets.

Orca Security was founded in 2019,  the company's system optimizes the work of information security managers by building a graph of the organization's cloud environment, and uses the information from it to prioritize the individual critical alerts out of the thousands of existing alerts.

Photo: Walla!News

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