Container security firm Aqua Security on Wednesday announced that it has raised $135 million in a Series E funding round at a valuation that exceeds $1 billion, which makes the company a “unicorn.”
The latest funding round was led by ION Crossover Partners, with participation from existing investors such as M12 Ventures, Lightspeed Venture Partners, Insight Partners, TLV Partners, Greenspring Associates, and Acrew Capital.
Aqua says the money will help it “broaden and deepen its solution portfolio, as well as expand its presence geographically.”
The company describes itself as a “cloud native security company.” Its offering includes container security, Kubernetes security, serverless security, virtual machine workload protection, cloud security posture management, container vulnerability scanning, and container threat analysis products. It also provides some open source container security tools.
Aqua says it serves some of the world’s largest companies in the financial services, media, software, manufacturing and retail sectors. The company claims five of the top 10 banks in the world are using its products and that last year it doubled the number of paying customers.