Funding round
Orca Security Growth
Reported as "Growth Equity"
Orca Security, which works in cloud security platform development in Tel Aviv-Yafo, raised $150M in a Growth round announced on 4 Jul 2021, at a $1.75B post-money valuation. 3 firms took part. It is Orca Security's fourth venture round on record; the one before was a Series B in Dec 2020.
$150M
Amount raised
$1.75B
Post-money valuation
3
Investors
no lead named
8.6%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Orca Security at $1.75B after the new money. The $150M bought investors about 8.6% of the company. It came 7 months after Orca Security's Series B. It is 19% of the $782M Orca Security has raised in the venture rounds on record. Orca Security raised again 3 months later: a Series C round of $550M in Oct 2021, at $1.80B post-money.
Orca Security's funding rounds
Orca Security has 5 venture rounds on record. This one is highlighted.
Investors
Who put money in
3 firms took part; no lead investor was named.
Investors
- Redpoint Ventures backs 194 venture-backed companies new investor
- ICONIQ Capital new investor
- backs 11 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to acquisitions.
- Acquisitions
Comparable rounds
How it compares
409 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $60M, and this round was 2.5 times the median. The closest in time, other companies' Growth rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Yanolja Tech Companies | 15 Jul 2021 | $1.70B | $9.00B | SoftBank Vision Fund |
| insightsoftware Tech Companies | 13 Jul 2021 | $1.00B | $4.00B | Hg and TA Associates |
| Availity Tech Companies | 1 Jul 2021 | $452M | not disclosed | Francisco Partners |
| Age of Learning Tech Companies | 1 Jul 2021 | $300M | $3.00B | TPG |
| Netskope Tech Companies | 9 Jul 2021 | $300M | $7.50B | ICONIQ Growth |
| Tech Companies | 20 Jul 2021 | $235M | not disclosed | General Atlantic |
| C4 Tech Companies | 29 Jul 2021 | $215M | $2.30B | Summit Partners |
| Tech Companies | 7 Jul 2021 | $100M | not disclosed | not named |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Orca Security raise in its Growth round?
Orca Security raised $150M in its Growth round, announced in Jul 2021.
Which investors took part in Orca Security's Growth round?
Redpoint Ventures, ICONIQ Capital and Silicon Valley CISO Investments.
What was Orca Security's valuation at the Growth round?
$1.75B post-money.
How does it compare with other Growth rounds in Tech Companies?
409 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $60M, and this round was 2.5 times the median.
Did Orca Security raise again after this round?
Yes: a Series C round in Oct 2021 of $550M at $1.80B post-money.