Orca Security raises $550 mn led by Temasek

Orca Security, a cloud security company based in Israel, has raised $550 million led by Singapore state investor Temasek.
Dollar spending on technology
Orca Security’s business grew nine-fold year-on-year. The company said it will use Temasek’s portfolio and network to drive its penetration in the Asia-Pacific regions and into key industries such as telecom, financial services, transportation, and consumer goods, among others.

U.S. engineering and enterprise IT services provider SAIC and the venture capital arm of Splunk invested in latest round.

Other participants include VC firms such as ICONIQ Capital, Stripes, Alphabet’s growth fund CapitalIG, and Adams Street Partners.

Orca Security also said it plans to grow its presence and customer base in the UK, Europe, Middle East and Africa.

Its offering, which is compliant with Amazon Web Services (AWS), Google Cloud and Microsoft Azure, can find vulnerabilities, malware, leaked and weak passwords, and high-risk data.

The company’s technology is used by data analytics platform Databricks, software firm Autodesk, media giant News Corp and language learning app Duolingo.