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Orca Security raising $150 million from Singapore's Temasek

Orca Security raising $150 million from Singapore's Temasek
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Three young cyber companies are about to join Israel's stable of unicorns

The tech unicorn fever in Israel is showing no signs of subsiding. Three more local cyber companies Wiz, Orca Security, and Axonius are planning to announce in the coming weeks that they have completed large funding rounds at valuations topping $1 billion each.
All three companies raised more than $50 million in 2020 and are taking advantage of the readily available capital to secure additional rounds, while upping their valuations, shortly after their previous ones.

Assaf Rapaport. Photo: Nathaniel Tobias
Wiz is the youngest of the three, having only been founded in 2020 and having just recently completed its series A funding round.
According to market estimates, Wiz’s upcoming round will raise over $100 million and catapult the company’s valuation to well over a billion dollars. Wiz completed its first capital raise only in December, in which it secured $100 million from a series of leading investors, including VC funds Index Ventures, Seq ....

United States , Yevgeny Dibrov , Assaf Rapaport , Wagde Zabit , Yinon Costica , Avi Shua , Roy Reznik , Shay Filosof , Avidor Bartov , Gil Geron , Nathaniel Tobias , Hadas Amitay , Matan Ben Gur , Ofri Shur , Liran Antebi , Orca Security Ltd , Technology Investment , Axonius Inc , Palo Alto Networks , Fgp Ltd , Orca Security , Index Ventures , Insight Partners , Nadir Izrael , Armis Security , Ami Luttwak ,