Aqua Security raises $135 mn to hit $1 bn-valuation, to focus on India R&D
US- and Israel-based Aqua Security, which has an R&D centre in Hyderabad, has raised $135 million in Series E funding led by ION Crossover Partners, raising the startup’s valuation at more than $1 billion. The cloud computing security company has raised $265 million in total. Aqua’s existing investors--M12 (Microsoft’s venture fund), Lightspeed Venture Partners, Insight Partners, TLV Partners, Greenspring Associates, and Acrew Capital--participated in the round. With about 50 employees in the country, India is Aqua’s strategic centre and it is going to double its investment here in...
Source: business-standard.com