Vega, a one-year-old cybersecurity startup founded by two veterans of Unit 8200 and Granulate, is planning to announce a new funding round soon.
The upcoming round is expected to raise tens of millions of dollars, marking Vega’s third fundraise in less than a year. The company’s valuation is likely to exceed the estimated $400 million from its previous round just two months ago.
The upcoming funding round continues Vega’s strong growth, just two months after the company raised $65 million in its Seed and Series A rounds. The earlier funding was led by Accel, with support from Cyberstarts, Redpoint, and CRV.
Vega was founded in 2024 by Shay Sandler and Eli Rozen. The startup has quickly attracted investors because it offers a new approach to cybersecurity, challenging traditional SIEM platforms.
Traditional SIEM systems require companies to send and store huge amounts of security data. For modern businesses that produce terabytes of logs every day, this approach can be slow, expensive, and hard to scale.
Vega offers a different approach by analyzing security data in place, without requiring companies to move it. This method has attracted Fortune 500 companies, big banks, and top healthcare organizations looking for faster insights and lower operational costs.
The platform combines federated analytics with continuous monitoring of security posture. This helps organizations identify risks quickly and efficiently.
Vega also uses AI-assisted investigations to remove blind spots, reduce delays, and simplify integration—problems that have long affected traditional security systems.
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