By Meir Orbach
Publication Date: 2026-02-03 13:30:00
Cybersecurity company Orion Security, which develops AI-driven contextual data security solutions, has raised $32 million in a Series A round led by Norwest Venture Partners, with participation from IBM and existing investors including PICO Venture Partners, Lama Partners, and others. The round comes less than a year after the company’s Seed financing and brings total funding since inception to $38 million.
Orion was founded in 2024 by CEO Nitay Milner, a former product leader at Cisco-acquired Epsagon, and CTO Jonathan Kreiner, former application security lead at WalkMe. The company currently employs 20 people and is expanding its development centers in Israel and New York, recruiting for a range of roles.
The autonomous platform Orion has developed is designed to replace traditional data loss prevention (DLP) tools, which rely on manually defined organizational policies that often slow workflows and require constant maintenance.
“We realized that legacy DLP solutions simply do…
