Aqua Security has closed its Series E funding round and notched a $1 billion valuation to scale from 410 customers today to thousands of customers within a few years.
The Ramat Gan, Israel-based cloud security startup said it needs to keep improving its product, acquiring additional customers, and educating the market about cloud-native security to carry out an initial public offering in a couple of years, according to co-founder and CEO Dror Davidoff. Aqua’s $135 million round was led by new investor ION Crossover Partners, and brings the company’s total funding to $265 million.
