Aqua Security Announces $9M in Series A Funding Led by Microsoft
Funding to Accelerate Aqua's Rapid Expansion in Burgeoning Virtual Container Market
TEL AVIV, Israel, Sept. 27, 2016 /PRNewswire/ -- Aqua Security, the platform provider for securing virtual container applications, today announced it has secured US$9 million in Series A funding, led by Microsoft Ventures. Cybersecurity luminary and investor Shlomo Kramer will be joining Aqua's Board of Directors. Aqua's seed investors TLV Partners and Mr. Kramer also participated in this round of funding, bringing Aqua's total investment to date to US$13.5 million.
"We are thrilled to receive such strong endorsement of our technology and customer success," said Dror Davidoff, CEO and co-founder of Aqua. "Security has become a key enabler in container adoption, and I look forward to working with Microsoft as we expand our footprint, helping our customers to unlock the benefits of this new technology."
"Containers are revolutionizing application development and delivery, driving new levels of innovation and developer agility," said Mony Hassid, General Manager and Managing Director, Microsoft Ventures. "Aqua's comprehensive security platform for containers enables enterprises to accelerate adoption on both private and public clouds. We are delighted to support Aqua's journey to success in this fast growing market."
Aqua was founded in late 2015, and launched its platform for general availability in May 2016. In a short period, the company achieved significant growth and customer adoption. Fortune 500 customers in the financial services, technology, retail and online services sectors are already using the Aqua platform to secure production environments and embed security into their container development and delivery cycle. The company plans to double its staff by mid-2017.
Aqua also announced today that Shlomo Kramer, who invested in Aqua's seed round, will join the company's board of directors. Mr. Kramer is a prolific cybersecurity entrepreneur and investor, who co-founded Check Point Software (CHKP), Imperva (IMPV), and Cato Networks, and invested in Trusteer (acquired by IBM), and Palo Alto Networks (PANW), among others. "Aqua's amazing progress in bringing its platform to market and growing its customer base are indicative of how rapidly containers are being adopted by enterprises, and of the need for a new security approach for this new stack," said Mr. Kramer.
The Aqua Container Security Platform delivers an advanced security solution for containerized environments, supporting Docker on both Windows and Linux, and available for on-premises deployment or on Azure, AWS and Google clouds. It provides development-to-production container lifecycle protection by combining smart default security profiles, behavioral analytics, and in-house cybersecurity research to create a comprehensive security and compliance envelope.
About Aqua Security
Aqua Security enables enterprises to secure their virtual container environments from development to production, accelerating container adoption and bridging the gap between DevOps and IT security. Aqua's Container Security Platform provides full visibility into container activity, allowing organizations to detect and prevent suspicious activity and attacks in real time. Integrated with container lifecycle and orchestration tools, the Aqua platform provides transparent, automated security while helping to enforce policy and simplify regulatory compliance. Aqua was founded and backed by TLV Partners, Microsoft Ventures, and IT security leaders, and is based in Israel and San Francisco, CA. For more information, visit www.aquasec.com or follow us on twitter.com/AquaSecTeam.
SOURCE Aqua Security
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