Israeli cybersecurity startup Vega raises $65 million, valued at $400 million

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Israeli cybersecurity startup Vega said on Tuesday it had raised $65 million in early-stage financing rounds that valued it at $400 million.

The funding, which included so-called seed and Series A funding, was led by venture capital fund Accel, with participation from venture capital funds Cyberstarts, Redpoint and CRV.

Israel is a global leader in cyber security.

In July, Palo Alto Networks said it was buying Israeli peer CyberArk Software for about $25 billion, in its biggest deal yet.

That followed Alphabet’s $32 billion acquisition of Israeli…



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Israeli cybersecurity startup Vega raises $65 million, valued at $400 million



Israeli cybersecurity startup Vega said on Tuesday it had raised $65 million in early-stage financing rounds that valued it at $400 million.

The funding, which included so-called seed and Series A funding, was led by venture capital fund Accel, with participation from venture capital funds Cyberstarts, Redpoint and CRV.

Israel is a global leader in cyber security.

In July, Palo Alto Networks said it was buying Israeli peer CyberArk Software for about $25 billion, in its biggest deal yet.

That followed Alphabet’s $32 billion acquisition of Israeli…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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