Cybersecurity Funding

Orion Raises $32 Million for Data Security

The startup will use the funding to accelerate product development and go-to-market operations.

Funding

Data security firm Orion Security has announced raising $32 million in a Series A funding round that brings the total raised by the company to $38 million.

Closed less than a year after the seed investment, Orion’s Series A funding round was led by Norwest, with additional support from PICO Venture Partners, Lama Partners, and others.

Founded in 2024, the Tel Aviv-based startup provides a data leak prevention (DLP) platform that relies on AI for context-driven detection.

Orion uses specialized AI agents to continuously identify and analyze data loss signals to capture content sensitivity, user identity, behavior intent, data lineage, and environmental purpose.

The platform provides customers with visibility into both structured and unstructured data, allowing them to understand why the data is moving and blocking exfiltration before it occurs.

According to Orion, its solution significantly reduces maintenance costs, replaces policy reliance, reduces false positives, can be deployed within minutes, and immediately detects current and past exfiltration incidents.

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The platform covers DLP across endpoints, cloud, web, SaaS solutions, email, MCPs, and other use cases, learning data patterns and improving reasoning in time.

Orion will use the new funding to accelerate the development of its platform and specialized AI agents, and to expand go-to-market operations.

“Orion is rewriting the rules of data security, eliminating the rigid policy structures that have held DLP back for decades. With a fully autonomous, context-driven approach, ORION isn’t just building a better product; it’s redefining how enterprises safeguard their most critical asset: data,” Norwest general partner Dave Zilberman said.

Related: RADICL Raises $31 Million for vSOC

Related: RapidFort Raises $42M to Automate Software Supply Chain Security

Related: Kasada Raises $20 Million for Anti-Bot Expansion

Related: Mesh Security Raises $12 Million for CSMA Platform

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