šAqua Security, an Israeli cybersecurity startup, raised $60 million in funding, extending its Series E round to $195 million.
šThe company was founded in 2015 and is based in Tel Aviv and Boston.
šAqua Security's platform is utilized by companies like PayPal, Netflix, and Samsung for various cloud security services.
šIts services include cloud workload protection, Kubernetes security, software supply chain security, risk scanning, vulnerability scanning, and malware protection.
šOver its lifespan, Aqua Security has amassed approximately $325 million in funding.
šEvolution Equity Partners led the Series E extension round, joining existing investors like Lightspeed Venture Partners, Insight Partners, and StepStone Group.
šDespite the recent funding, Aqua Security's valuation seems to have remained at or above $1 billion, which hasn't seen an increase since its Series E announcement three years ago.
šThis valuation stability might raise questions about the company's growth but could also be viewed positively due to new investor confidence.
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