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- Orca Security
Orca Security Valuation, Funding & Investors
Orca Security is valued at $1.8B as of October 2021.
Last Orca Security valuation
$1.8B
Series C · Oct 2021
Last Orca Security funding round
$340M
Series C · Oct 2021
Cumulative funding Orca Security raised
$632M
across 5 funding rounds
Key investors in Orca Security
Notable Capital
ICONIQ Capital
YL Ventures
Silicon Valley CISO Investments
Redpoint
CapitalG
About Orca Security
Orca Security is a cloud security platform offering agentless vulnerability management, compliance monitoring, and malware detection for AWS, Microsoft Azure, Google Cloud Platform, and Oracle Cloud environments. Its SideScanning technology analyzes cloud workloads without software deployment, providing full visibility into configurations and risks. Founded in 2019, the Portland-headquartered company maintains research and development centers in Israel and serves Fortune 100 enterprises worldwide.
Founded
2019
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Valuation
$1.8B (Oct 2021)
Orca Security Valuation
Orca Security is currently valued at $1.8B, based on its Series C in October 2021.
The $340M round was led by Temasek, with participation from Adams Street Partners, Redpoint, ICONIQ Capital, Lone Pine Capital, SAIC and 6 other investors.
Orca Security's valuation has grown 1.5x from $1.2B at its Series C in March 2021 to $1.8B in October 2021, across 2 priced rounds.
Orca Security valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Oct 2021 | Series C | $1.8B |
| Mar 2021 | Series C | $1.2B |
Orca Security Funding History
Orca Security has raised a total of $632M across 5 funding rounds.
Orca Security's first fundraising round was a $7M seed round in June 2019. The most recent completed round was a $340M Series C in October 2021.
Orca Security funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Oct 2021 | Series C | Temasek (lead); Adams Street Partners; Redpoint; ICONIQ Capital; Lone Pine Capital; SAIC; Willoughby Capital; CapitalG; Harmony Partners; Splunk Ventures; Notable Capital; Stripes | $340M | $1.8B | Orca Security is an Israeli cloud security company founded in 2019 by former Check Point employees, offering agentless, instant-on security and compliance for AWS, Azure, and Google Cloud with 100% coverage and automatic alert prioritization. The company extended its Series C funding round in October 2021 with an additional $340 million led by Temasek Holdings, bringing the total Series C to $550 million following an initial $210 million raise in March 2021 at $1.2 billion valuation. This extension boosted the post-money valuation 50% to $1.8 billion. Participating investors included CapitalG, Redpoint Ventures, ICONIQ Growth, Lone Pine Capital, Stripes, Adams Street Partners, Harmony Partners, Willoughby Capital, Notable Capital, SAIC, and Splunk Ventures. Orca Security reported 800% year-over-year growth driving the need for expansion, planning to double headcount, grow channel partners tenfold, establish over a dozen employees in APAC by end-2021, open a London sales office with two dozen staff, and launch an R&D center outside Tel Aviv. Funds will accelerate platform R&D, detection capabilities, global footprint in APAC and EMEA, and penetration into industries like telecom, financial services, transportation, and consumer goods, leveraging Temasek's network. CEO Avi Shua emphasized choosing Temasek for strategic value over higher valuation potential in the massive cloud security market projected to reach $37 billion by 2026. The round underscores Orca's rapid unicorn ascent just two years post-founding amid surging cloud adoption, positioning it against competitors in a high-growth sector. |
| Mar 2021 | Series C | CapitalG (lead); Redpoint (lead); Silicon Valley CISO Investments; ICONIQ Capital; Notable Capital | $210M | $1.2B | Orca Security is a cloud security company providing agentless, workload-deep, context-aware security and compliance for IaaS assets across AWS, Google Cloud, and Microsoft Azure. Founded in 2019 by former Unit 8200 members, it differentiates by being cloud-native, treating cloud estates as interconnected webs to prioritize risks based on security issues, accessibility, and business impact. On March 23, 2021, Orca announced a $210 million Series C round led by CapitalG (Alphabet’s growth fund) and Redpoint Ventures, with participation from ICONIQ Growth, GGV Capital, and Silicon Valley CISO Investments (SVCI), an angel syndicate of 50 CISOs. This followed a December 2020 Series B, bringing total funding to nearly $300 million at a $1.2 billion post-money valuation, achieving unicorn status in two years. The funding aimed to disrupt cloud security further, fuel R&D and sales expansion—planning to nearly triple teams by end of 2021—open offices in Europe (recently Austria) and Australia for APAC, and grow its partner program. Unlike competitors adapted from on-prem solutions, Orca's side-scanning technology scans cloud environments without agents for comprehensive visibility into workloads, identities, and configurations. By March 2021, it had established itself as a leader in cloud-native security. This Series C preceded an extension later in 2021, with additional $340 million in October led by Temasek, pushing total funding over $550 million and valuation to $1.8 billion, involving more investors like Notable Capital, Adams Street Partners, and Splunk Ventures. Orca continued rapid growth post-round, securing partnerships with major cloud providers like Google Cloud and expanding executive team with industry veterans for enterprise sales. |
| Dec 2020 | Series B | ICONIQ Capital (lead); Silicon Valley CISO Investments; YL Ventures; Lauder Partners; Notable Capital | $55M | - | Orca Security is an Israeli-founded cloud security company offering a touchless, agentless platform that provides workload-deep, context-aware security and compliance for AWS, Azure, and Google Cloud Platform, distinguishing itself with SideScanning technology for quick deployment and value delivery. The company was established in 2019 by veterans from Check Point, focusing on simplifying complex cloud security challenges. On December 8, 2020, Orca Security announced a $55 million Series B funding round led by ICONIQ Growth, with participation from prior investors GGV Capital (Series A lead), YL Ventures (seed lead), and Silicon Valley CISO Investments, bringing total funding to over $82 million including a $20.5 million Series A in May 2020 and $6.5 million seed. The funding aims to expand product development, nearly triple the R&D team by end-2021, grow sales and marketing to nearly 30 people from just two recently, and open new offices in the UK, Australia, Europe, and Japan to meet global demand, particularly strong in financial services and fintech verticals from North America. At the time, Orca had about 70 employees and faced customer waitlists. Orca's rapid traction positioned it for subsequent growth, including a Series C in March 2021 raising $210 million at a $1.2 billion unicorn valuation led by CapitalG and Redpoint Ventures, followed by further rounds building to over $640 million total funding and higher valuations by 2025. |
| Mar 2020 | Series A | Notable Capital (lead); Silicon Valley CISO Investments; YL Ventures | $21M | - | Orca Security is a cloud-native cybersecurity company offering an agentless platform that scans cloud assets across AWS, Google Cloud, and Microsoft Azure, providing context-aware risk prioritization and compliance without impacting performance. Founded around 2019, it quickly gained traction with major clients like Robinhood, Databricks, Unity, and Live Oak Bank by 2020. The company achieved over 1,000% year-over-year growth in 2020. In March 2020, Orca Security raised a $20.5 million Series A round, with investors including Notable Capital (later rounds confirm participation), Silicon Valley CISO Investments, and YL Ventures. This preceded a $55 million Series B in December 2020 led by ICONIQ Growth and a $210 million Series C in March 2021 led by CapitalG and Redpoint Ventures at a $1.2 billion post-money valuation, marking unicorn status just two years post-founding. Total funding exceeded $600 million across multiple rounds by 2021-2025, with investors like GGV Capital, Temasek, and others joining subsequently. Funds supported R&D expansion, sales growth, and international offices in Europe and Australia. Orca positioned itself against legacy on-prem cloud security tools, emphasizing 'SideScanning' technology for workload-deep analysis. By 2021, it had nearly 300-550 million raised cumulatively at unicorn valuations. |
| Jun 2019 | Seed | YL Ventures (lead); StoneMill Ventures; Ameet Patel | $7M | - | Orca Security raised a $6.5 million seed round in late 2019 led by YL Ventures, with participation from StoneMill Ventures. The company, founded in 2019 and headquartered in Portland, OR (with operations in Los Angeles and Tel Aviv), provides a cloud-native security platform that offers full-stack visibility into cloud environments, detecting vulnerabilities, malware, misconfigurations, and compliance issues across AWS, Azure, and Google Cloud. Following the seed round, Orca Security quickly progressed, raising a $20.5 million Series A in mid-2020 led by GGV Capital with participation from seed investors YL Ventures and SVCI, bringing total funding to $27 million within less than a year. The funding supported development of its agentless cloud security solution aimed at enterprises needing rapid visibility into cloud infrastructure. Orca Security later achieved unicorn status with a $210 million Series C in March 2021 at $1.2 billion valuation, followed by an extension raising $340 million more to reach $550 million total in Series C at $1.8 billion valuation in October 2021, with investors including Temasek, CapitalG, Redpoint Ventures, and others. YL Ventures remained a key supporter from seed through later rounds. |
Who has invested in Orca Security?
17 investors have backed Orca Security across its funding rounds, including Notable Capital, ICONIQ Capital, YL Ventures, Silicon Valley CISO Investments, Redpoint and CapitalG.
Lead investors include Temasek, CapitalG, Redpoint, ICONIQ Capital, Notable Capital and 1 other investor.
Orca Security Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 4 | Lead | Mar 2020 | ||
| 3 | Participant | Mar 2020 | ||
| 3 | Lead | Dec 2020 | ||
| 3 | Lead | Jun 2019 | ||
| 2 | Lead | Mar 2021 | ||
| 2 | Lead | Mar 2021 | ||
| 1 | Lead | Oct 2021 | ||
| 1 | Participant | Oct 2021 | ||
| 1 | Participant | Jun 2019 | ||
| 1 | Participant | Oct 2021 | ||
| 1 | Participant | Oct 2021 | ||
| 1 | Participant | Oct 2021 | ||
| 1 | Participant | Dec 2020 | ||
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by Orca Security
Orca Security has acquired 2 companies to date.
Last acquisition by Orca Security was on May 13th 2025. Orca Security acquired Opus Security for undisclosed valuation.
Latest Acquisitions by Orca Security
| Description | Opus Security is a cybersecurity platform that unifies security tools, stakeholders, and remediation workflows across organizations. It automates responses using predefined processes for vulnerability management, integrating with scanners, ticketing systems, and cloud environments. The Tel Aviv-based company enables security teams to prioritize and resolve issues efficiently in multi-tool ecosystems. | - |
| HQ Country | ||
| HQ City | Tel Aviv | - |
| Deal Date | 13 May 2025 | 19 Jan 2022 |
| Valuation | undisclosed | $5M |
| EV/Revenue | ||
| EV/EBITDA | ||
This data is available for Pro users. Sign up to see all Orca Security acquisitions and their M&A valuation multiples. Start Free Trial | ||
Orca Security Competitors
Orca Security competitors include listed companies like CANCOM and CETC Cyberspace Security, and private ones like Aviatrix, Sysdig, Obsidian Security and Wasabi Technologies.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $40M | - | $2B | 50.0x | ||
| Private | - | - | $2.5B | - | ||
| Private | - | - | $1.1B | - | ||
| Publicly listed | $2B | $118M | $740M | 0.4x | ||
| Private | - | - | $1.8B | - | ||
| Publicly listed | $338M | $20M | $1.9B | - |
Orca Security Public Comps
Orca Security is still privately-owned, but its public comps include CETC Cyberspace Security, VNET Group, C3.ai, Progress Software, A10 Networks, UCloud Technology, Nava, ESDS Software, SharonAI and Anterix.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $338M | $20M | 4.5x | - | 73.6x | - | |||
| $1.5B | $463M | 4.1x | 3.7x | 13.2x | 11.8x | |||
| $250M | ($484M) | 4.3x | 4.5x | (2.2x) | (6.2x) | |||
| $978M | $302M | 3.0x | 2.9x | 9.6x | 7.3x | |||
| $291M | $62M | 6.3x | 5.7x | 29.4x | 19.1x | |||
| $253M | $31M | 7.7x | - | 63.2x | - | |||
| $445M | $192M | 3.8x | - | 8.8x | - | |||
| $49M | $25M | 38.3x | 13.8x | 76.7x | 56.6x | |||
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Common questions about Orca Security
| When was Orca Security founded? | Orca Security was founded in 2019. |
| Where is Orca Security headquartered? | Orca Security is headquartered in Portland, OR, United States. |
| Is Orca Security publicly listed? | No, Orca Security is a private, VC-backed company. |
| What is Orca Security's valuation? | Orca Security was last valued at $1.8B in its Series C in October 2021. |
| How much funding has Orca Security raised? | Orca Security has raised $632M across 5 funding rounds. |
| What was Orca Security's last funding round? | Orca Security's last funding round was a $340M Series C in October 2021, led by Temasek. |
| Who are Orca Security's investors? | Orca Security's investors include Notable Capital, Silicon Valley CISO Investments, ICONIQ Capital, YL Ventures, Redpoint, CapitalG, Temasek, Adams Street Partners, StoneMill Ventures, Lone Pine Capital and 7 others. |
| Which companies are comparable to Orca Security? | Companies comparable to Orca Security include Aviatrix, Sysdig, Obsidian Security, CANCOM, Wasabi Technologies and CETC Cyberspace Security. |
| How many companies has Orca Security acquired? | Orca Security has acquired 2 companies, including Opus Security and RapidSec. |
| What was the largest acquisition by Orca Security? | The $5M acquisition of RapidSec in January 2022 is the largest acquisition Orca Security has made to date. |
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