Aqua Security, a cloud native security provider, has secured a strategic investment from Capital One Ventures.
Capital One’s chief information security officer Chris Betz has also been appointed to Aqua’s Security’s Executive Advisory Board.
In March this year, Aqua Security gained unicorn status after the close of its Series E round on $135m.
Since then, the company said it has experienced “explosive growth”, doubling its install base. It now serves more than 25% of the Fortune 100 and recently expanded into key markets, including Federal, Asia Pacific, and Australia. Moreover, Aqua Security has more than doubled its revenue in financial services in the past 12 months and counts ten of the top 20 banks in the worlds among its customers.
The Aqua Platform provides prevention, detection, and response automation across the entire application life cycle.
Jay Emmanuel, partner at Capital One Ventures, said, “Threat actors are shifting their focus to the cloud, and heavily regulated industries like financial services need to prioritise cloud native security to reduce risk and meet compliance requirements.”
Dror Davidoff, CEO and co-founder of Aqua Security, added, “Many vendors claim they offer full cloud native security, but in reality, the ‘security’ is missing. They only offer visibility. With the additional support of Capital One, we will continue to make the cloud a safer place for enterprises.”
Copyright © 2021 FinTech Global
