DEVOPSdigest

Aqua Security closed a Series D round of $30M led by Greenspring Associates, with participation by Aqua’s existing investors – Insight Partners, Lightspeed Venture Partners, and TLV Partners.

This investment brings Aqua’s total venture funding raised to more than $130M.

“Aqua has made impressive strides building its customer base and establishing itself as a market leader in securing cloud native applications,” said Hunter Somerville, General Partner at Greenspring Associates. “Even under today’s challenging business conditions, the company has demonstrated strong revenue growth, and an ability to introduce new, exciting products that differentiate their offering. With enterprises continuing to migrate aggressively to the cloud, we see Aqua as uniquely positioned to benefit from and enable that adoption.”

“We are seeing customers continuing their move towards cloud-native technologies, often accelerating deployments as a way to enhance their agility in these unpredictable times,” noted Dror Davidoff, CEO and co-founder of Aqua. “Security remains a key enabler of these initiatives, and with this significant new investment from Greenspring Associates, I feel confident in our ability to drive further innovation across our product portfolio and sustain the competitive advantage we have worked hard to establish.”