Shareholders and investors in the Israeli cybersecurity firm face a heavy payday that Orca just three months after its $ 210 million Series C. Raised funds valued at $ 1.75 billion

Meir Orbach 09:5907/04/21

Israeli cybersecurity company Orca Security, founded by former Check Point employees, has raised $ 150 million from Singapore’s government holding Temasek Holdings, Calcalist has learned.

Temasek’s investment is part of a round of funding the company currently closes at a valuation of $ 1.75 billion, up 50% from its Series C round valuation in which it was valued three months ago Raised $ 210 million. Orca is estimated to raise hundreds of millions in the coming months to complete the round. The majority of the funds from this round will be used to acquire stakes from shareholders and investors, with only a small part of the funds going into the …

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