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ORCA SECURITY

Netfigo Verdict
on Orca Security

The cloud security startup that figured out you don't need to install software to scan it. Orca's agentless approach — reading cloud data directly from the provider's storage layer — was genuinely innovative and solved a real problem. Then Wiz did something similar, raised more money, and got bigger. Orca is still a strong product with real customers and $632M in funding, but the "we had it first" advantage didn't translate to market leadership. In cybersecurity, sales execution matters as much as technology.

Founded

2019

HQ

Tel Aviv, Israel / Portland, OR

Total Raised

$632M

Founder

Avi Shua, Gil Geron

Status

Private — valued at approximately $1.8 billion

THE ORIGIN STORY

Avi Shua spent 25 years in cybersecurity, including serving as the CTO of an Israeli military intelligence unit. He saw that cloud adoption was creating massive security blind spots — companies were moving to the cloud faster than security teams could keep up.

In 2019, he and Gil Geron founded Orca with a breakthrough insight: you don't need to install software inside cloud workloads to scan them. By reading cloud infrastructure data directly from the provider's storage layer, Orca could see everything — vulnerabilities, malware, misconfigurations, sensitive data — without touching a single workload.

WHAT THEY ACTUALLY DO

Agentless cloud security platform. Traditional cloud security requires installing "agents" (software) on every cloud workload — which is slow, complex, and creates gaps.

Orca's patented SideScanning technology reads cloud infrastructure data directly from the cloud provider (AWS, Azure, Google Cloud) without installing anything. Revenue comes from enterprise SaaS subscriptions based on cloud workload volume.

The pitch: complete cloud visibility in minutes, not months.

THE PRODUCTS

Orca Cloud Security Platform (agentless CNAPP), Cloud Security Posture Management (CSPM), Cloud Workload Protection (CWPP), Cloud Detection and Response (CDR), Data Security Posture Management (DSPM), and Shift Left Security (scanning code before deployment). All powered by the patented SideScanning technology.

HOW THEY GREW

Platform expansion. Orca evolved from pure cloud security posture management (CSPM) to a comprehensive Cloud Native Application Protection Platform (CNAPP) covering vulnerability management, compliance, data security, and container security.

The unified platform approach — one tool for all cloud security — resonates with enterprises tired of managing 20 different security tools.

THE HARD PART

Competition from cloud providers themselves. AWS, Azure, and Google Cloud are all building their own security tools, threatening to bundle security for free with cloud services.

Wiz — another Israeli cloud security startup — overtook Orca as the market leader and reached a $12 billion valuation by 2024. The cloud security market is crowded with well-funded competitors.

Orca has to differentiate on technology while Wiz is outspending on sales and marketing.

MONEY TRAIL

Series A

2020 · Led by YL Ventures, GGV Capital

$20M raised

Series C

2021 · Led by Iconiq Growth, Redpoint

$340M raised

Growth

2023 · Led by Various investors

$200M raised

WHO BACKED THEM

Iconiq Growth, GGV Capital, Redpoint Ventures, YL Ventures, and GGVC backed Orca Security.

Head-to-Head

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