Aqua Security, a key player in the cloud native security platform (CNAPP) sector, has successfully raised $60 million in an extended Series E funding round, pushing its valuation beyond $1 billion.
The funding, led by new investor Evolution Equity Partners, witnessed increased equity stakes from existing backers including Insight Partners, Lightspeed Venture Partners, and StepStone Group.
Since its establishment in 2015, Aqua Security has accumulated $325 million in funding, attaining ‘unicorn’ status, a testament to the company’s cutting-edge technologies and substantial market share. Aqua Security specializes in providing advanced security solutions for containerized and cloud-native applications.
Its software stands out for offering complete visibility and security automation throughout an application’s entire lifecycle. The successful funding round not only boosts Aqua Security’s financial standing but also positions the company as a significant player in the dynamic landscape of containerized and cloud-native security. This funding news aligns with broader developments in the cybersecurity space, coinciding with SentinelOne‘s acquisition plans for PingSafe.
As the industry evolves, Aqua Security’s funding milestone underscores the growing importance of robust security measures for organizations dealing with containerized and cloud-native applications. defenses.
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