# Aqua Security Software

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/aqua-security-software

- Industry: IT Security/Cybersecurity
- Headquarters: Ramat Gan, Israel
- Website: www.aquasec.com
- Total disclosed funding: $325M
- Latest round: Series E (Jan 3, 2024)
- Investors on record: 9

## About

Aqua Security Software Ltd. is an Israeli company specializing in comprehensive security solutions for cloud-native applications, enhancing their security throughout the development and production lifecycle.Founded in 2015 in Ramat Gan, Israel, Aqua Security Software Ltd. focuses on protecting cloud-native applications. The company has raised a total of USD 60.00 mn in its latest funding round, Series E, led by Evolution Equity Partners, with participation from Insight Partners, Lightspeed Venture Partners, and StepStone Group. This funding, completed on January 3, 2024, has positioned the company's valuation at USD 1.00 bn. The founders include Amir Jerbi, Azy Shalom, Boris Vesterman, and Dror Davidoff, who also serves as the CEO.Aqua Security specializes in providing a comprehensive suite of security solutions designed to protect cloud-native applications across their entire lifecycle, from development to production. Their core offering, the Aqua Cloud Native Application Protection Platform (CNAPP), integrates both agent and agentless technologies to enforce security measures pre-deployment and in real-time during production. Key use cases addressed by Aqua's solutions include automating DevSecOps processes, enhancing compliance and auditing capabilities, and securing serverless functions and containers in hybrid and multi-cloud environments. The company caters to over 500 of the world's largest enterprises, primarily in sectors requiring stringent security measures, such as finance, healthcare, and technology. Aqua's offerings are available in major global markets, including North America, Europe, and Asia-Pacific, positioning the company as a leader in cloud-native security solutions.Aqua Security generates revenue primarily through a subscription-based model, enabling clients to access its suite of security products on a recurring basis. The firm’s business transactions typically involve direct contracts with enterprise clients, allowing for tailored service levels and support. The pricing structure incorporates various plans that align with the scale and specific needs of the organizations served, including flagship solutions such as the Cloud Native Security Platform and Container Security offerings. By providing scalable security solutions, Aqua ensures that clients can effectively manage their security posture as their cloud environments evolve. This B2B model fosters long-term partnerships, reinforcing Aqua's commitment to delivering ongoing security innovations and compliance support to its clientele.In January 2024, Aqua Security Software Ltd. raised USD 60.00 mn in Series E funding, which will be utilized to support its native security platform. The company plans to expand its product offerings and target new geographic markets, with a focus on enhancing its presence in North America, Europe, and Asia-Pacific. The recent funding will aid in the development of new security solutions, ensuring that the company's products align with evolving security needs in the cloud environment.

## Funding rounds

- Series E, Jan 3, 2024, $60M — Lightspeed Venture Partners, Insight Partners, StepStone Group, Evolution Equity Partners
- Series E, Mar 10, 2021, $135M — Lightspeed Venture Partners, Greenspring Associates, Insight Partners, ION Asset Management, M12, TLV Partners, Acrew Capital
- Series D, May 20, 2020, $30M — Lightspeed Venture Partners, Greenspring Associates, Insight Partners, TLV Partners
- Series C, Apr 3, 2019, $62M — Lightspeed Venture Partners, Insight Partners, M12, TLV Partners
- Series B, Sep 19, 2017, $25M — Lightspeed Venture Partners, M12, TLV Partners
- Series A, Sep 27, 2016, $9M — M12, TLV Partners
- Series A, Oct 7, 2015, $4M — TLV Partners

## Investors

- TLV Partners (https://capitalatlas.ai/funds/tlv-partners) — Series A, Series B, Series C, Series D, Series E
- M12 (https://capitalatlas.ai/funds/m12) — Series A, Series B, Series C, Series E
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series B, Series C, Series D, Series E
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series C, Series D, Series E
- Greenspring Associates (https://capitalatlas.ai/funds/greenspring-associates) — Series D, Series E
- ION Asset Management — Series E
- Acrew Capital (https://capitalatlas.ai/funds/acrew-capital) — Series E
- StepStone Group — Series E
- Evolution Equity Partners (https://capitalatlas.ai/funds/evolution-equity-partners) — Series E