Los Angeles-based cloud security firm Orca Security has raised $550 million from a series C funding round led by Temasek, according to VentureBeat. The funding will be allocated toward expanding its geographic reach, as well as its partner program, according to Orca.
Following an 800% year-over-year growth last year from contracts with Unity, Databricks, Duolingo, Autodesk and Robinhood, Orca seeks to increase its customer base in the U.K. and across the Europe, Middle East and Africa region. Meanwhile, Temasek's network will be used by Orca to increase its Asia Pacific workforce by the end of the year.
"As Orca moves forward, [we're] creating a product that will continue to revolutionize the cloud security industry by bringing solutions together by design. [The] platform already replaces the need [to have] separate legacy vulnerability assessment, cloud security posture management, and cloud workload protection platforms tools for public cloud deployments. [We] also plan to dramatically expand [our] identity and access management capabilities and bolster our alerting functions for in-progress attacks, giving customers a comprehensive way to monitor and protect their complete cloud environments," said Orca co-founder and CEO Avi Shua
