Vega set to raise tens of millions at $400M-plus valuation in its third round in under a year
The cybersecurity startup is preparing a new round just weeks after unveiling $65 million in Seed and Series A funding.
Vega, the year-old cybersecurity startup founded by two veterans of Unit 8200 and Granulate, is preparing to announce a new funding round in the coming weeks, Calcalist has learned. The round, expected to reach tens of millions of dollars, will mark the company’s third raise in less than a year and is set to come at a valuation higher than the roughly $400 million it is estimated to have received in its previous round two months ago.
The company did not comment on the report.
The forthcoming raise builds on Vega’s momentum from just two months earlier, when the company disclosed $65 million across its Seed and Series A rounds, led by Accel with participation from Cyberstarts, Redpoint, and CRV.
Founded in 2024 by Shay Sandler and Eli Rozen, the company has quickly drawn investor attention for its challenge to traditional SIEM platforms, which require companies to ship and index enormous volumes of security data. For modern enterprises generating terabytes of logs each day, that model has become slow, costly, and difficult to scale.
Vega’s alternative, analyzing data in place, without forced migration, has resonated with Fortune 500 companies, major financial institutions, and leading healthcare organizations seeking faster visibility and lower operational overhead. By combining federated analytics with continuous posture assessment and AI-assisted investigations, the platform aims to eliminate the blind spots, delays, and integration burdens that have long plagued legacy systems.
