Cloud-native security provider Aqua Security Software Ltd. has just become the latest startup to achieve “unicorn” status after landing a big funding round that takes its value north of the $1 billion mark.
The company said today it has raised $135 million in a Series E round of funding, bringing its total amount raised to $265 million. ION Crossover Partners led the round, together with participation from existing investors that include M12 Ventures, Lightspeed Venture Partners, Insight Partners, TLV Partners, Greenspring Associates and Acrew Capital.
Aqua Security sells a comprehensive security platform that helps to protect cloud-native, container-based and serverless applications from malware and other malicious attacks. The company’s main offering is the Aqua Platform, which is a cloud-native security platform that developers can use to automate and improve the security and compliance posture of their apps, monitor usage and control user access.
