Aqua Security, the pure-play cloud native security leader, announced today the completion of USD135m in Series E funding led by ION Crossover Partners, putting Aqua’s valuation in excess of USD1 billion.

The round included broad participation from Aqua’s existing investors, including M12 – Microsoft’s venture fund, Lightspeed Venture Partners, Insight Partners, TLV Partners, Greenspring Associates, and Acrew Capital. This new round of investment follows a period of tremendous growth and will enable the company to broaden and deepen its solution portfolio, as well as expand its presence geographically.

Aqua Security’s total funding since its founding in 2015 now totals USD265 million. The company’s focus on cloud native security has enabled enterprises adopting technologies such as Kubernetes and containers, serverless, and other cloud-based workloads to accelerate their business while meeting strict compliance and security requirements. Aqua’s customer list includes some of the world’s leading organisations including five of the top 10 banks in the world.

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Source: Private Equity Wire