Aqua Security, a leader in protecting container-based and serverless cloud-native applications, announced it has raised $62 million in Series C funding led by Insight Partners. And Aqua’s existing investors Lightspeed Venture Partners, M12 (Microsoft’s venture arm), TLV Partners, and Shlomo Kramer also participated in this round. Including this round, Aqua has raised more than $100 million.
Founded in 2015 by CEO David Davidoff and CTO Amir Jerbi, Aqua Security has been working with early adopters of containers to provide enterprise-scale security and helps organizations safely remove their applications into production.
Aqua’s Cloud Native Security Platform offers full visibility and security automation across the entire application lifecycle using a modern zero-touch approach for detecting and preventing threats as it simplifies regulatory compliance.
“We are thrilled to have Insight Partners as investors to propel Aqua’s next phase of growth,” said Davidoff in a statement. “The adoption of cloud-native technologies provides an opportunity for security to be redefined, addressing the chronic cybersecurity skills shortage through automation, and creating applications that are secure by design. With this significant investment and our focus on the needs of enterprise customers and product innovation, we can take the next step to realize our vision.”
Last year, Aqua Security quadrupled its customer base and secured five of the world’s ten largest container production deployments. And Aqua gained substantial market share in the financial services sector by working with five of the world’s top 10 banks and six of the world’s largest 15 insurance companies. Over 100 blue-chip companies across the aerospace, energy, media, travel, retail, pharmaceutical, and hospitality sectors are also among Aqua’s customers.
Aqua’s solutions can be used on-demand with consumption-based pricing on AWS Marketplace for Containers, Google Kubernetes Apps Marketplace, and Microsoft Azure Marketplace. The company also recently extended its platform for supporting serverless environments and all major cloud and orchestration environments
“As investors in several leading cloud technology providers, we were impressed by Aqua and its track record as a security leader in this hyper-growth space,” added Insight Partners co-founder and managing director Jeff Horing. “Aqua’s vision, their unrivaled investment in open source technologies, and deep relationships with strategic partners have created a tremendous opportunity as customers accelerate their move to cloud native platforms. We look forward to Aqua joining the Insight portfolio and seeing their continued growth.”
