Security News > 2021 > March > Cloud Security Company Orca Raises $210 Million at $1.2 Billion Valuation
Cloud security firm Orca has achieved "Unicorn" status after raising $210 million in a Series C funding round that values the company at $1.2 billion.
The latest funding, which brings the total raised by Orca to nearly $300 million, was led by CapitalG, the independent growth fund of Google's parent company Alphabet, and Redpoint Ventures.
By the end of the year, the company wants to expand with offices in Europe and Australia, and to significantly increase its sales and R&D teams.
The company has developed a cloud security platform designed to help organizations identify security and compliance issues.
At least a dozen cybersecurity companies achieved unicorn status in the past four months.
He worked as a high school IT teacher for two years before starting a career in journalism as Softpedia's security news reporter.