Aqua Security Achieves Unicorn Status After $135 Million Funding Round
Container security firm Aqua Security on Wednesday announced that it has raised $135 million in a Series E funding round at a valuation that exceeds $1 billion, which makes the company a “unicorn.”
Since it was founded in 2015, Aqua Security has raised a total of $265 million. It previously raised $25 million in 2017, $62 million in 2019, and $30 million in 2020.
The latest funding round was led by ION Crossover Partners, with participation from existing investors such as M12 Ventures, Lightspeed Venture Partners, Insight Partners, TLV Partners, Greenspring Associates, and Acrew Capital.
Aqua says the money will help it “broaden and deepen its solution portfolio, as well as expand its presence geographically.”
The company describes itself as a “cloud native security company.” Its offering includes container security, Kubernetes security, serverless security, virtual machine workload protection, cloud security posture management, container vulnerability scanning, and container threat analysis products. It also provides some open source container security tools.
Aqua says it serves some of the world’s largest companies in the financial services, media, software, manufacturing and retail sectors. The company claims five of the top 10 banks in the world are using its products and that last year it doubled the number of paying customers.
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Eduard Kovacs (@EduardKovacs) is a contributing editor at SecurityWeek. He worked as a high school IT teacher for two years before starting a career in journalism as Softpedia’s security news reporter. Eduard holds a bachelor’s degree in industrial informatics and a master’s degree in computer techniques applied in electrical engineering.
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