A US cybersecurity unicorn is targeting growth in the UK after being tempted across the Atlantic by the nation鈥檚 FinTech reputation.听
Orca Security, headquartered in Los Angeles, has gone from seed funding to unicorn in two years after announcing a 拢150 million听Series C听funding听round,听led by听CapitalG, Alphabet’s independent growth fund, and Redpoint Ventures.听听
The company has听raised nearly $300m in combined funds at a $1.2 billion valuation since its founding two years ago.听
鈥�It鈥檚 an exciting time for Orca in the UK,鈥� Tim Thorpe, Area Sales Manager in the UK, tells听老九品茶Cloud.听
鈥淔inTech is one of our hottest verticals and the UK has one of the world’s largest concentrations of听FinTechs,听so it makes sense for us to be where the action is.听
鈥�As the first on the ground, we鈥檒l be building out our footprint here over the next year to help support our partners. We鈥檙e already looking to expand our team in the UK.鈥�听听
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In 2020, Orca Security achieved more than 1,000 percent year-over-year growth and signed huge organisations including Robinhood, Databricks and Unity.听听
鈥淏y creating a security solution that actually works, we are solving a fundamental problem听that has been broken since the inception of cloud security,鈥� said Avi Shua, CEO and co-founder.听听
鈥淚n the face of increasing threats and rapidly expanding cloud estates, organisations can鈥檛 be burdened with installing and maintaining agents and听sidecars.听听
鈥淲e enable our customers to instantly protect their cloud environments, eliminate attack paths, fuel digital transformation, and meet compliance mandates.鈥�听
Morey Haber, CTO and CISO at听BeyondTrust, has听worked with vulnerability assessment solutions for over 20 years, even writing a book on how to build a vulnerability management strategy.听
鈥淚鈥檝e never seen anything like the Orca Security platform before,鈥� he听said. 鈥淲ithin a couple of听months听I had it fully rolled out, protecting our more than 4,000 cloud听customers.听听
鈥淭his product is a gem and must-have solution for businesses operating in the cloud.鈥�听
Gene Frantz, general partner at听CapitalG, added:听“Orca Security represents a revolutionary step forward in optimising cloud environments.听
鈥淭heir touchless听SideScanning听technology is best-in-class, as confirmed by our extensive interviews with their ecstatic customers and by the senior Google security leaders who we invited to evaluate it.听听
鈥淲e believe听that Avi and team not only have a compelling vision but also the ability to execute it. We’re thrilled to join Orca on their journey to reinvent cloud security.”听
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Orca said the funding will听allow it to听further disrupt the cloud security industry with agentless,听workload-deep,听context-aware security听and听compliance听for Google Cloud, AWS, and Microsoft Azure.听听
By the end of 2021,听it听plans to have nearly tripled its R&D and sales teams since听its听Series听A round in May 2020.听听
The company also aims to expand its sales offices in Europe, recently opened a new office in Austria, and has plans to open an office in Australia to better serve APAC markets.听