Aqua Security announced a
strategic investment from Capital One Ventures, together with the
appointment of Capital One Chief Information Security Officer Chris Betz
to Aqua's Executive Advisory Board. The announcement further validates
Aqua's leadership as a cloud native security solution provider for
financial services providers. Aqua has more than doubled its revenue in
financial services in the past 12 months and counts 10 of the top 20
banks in the world among its customers.
"Threat
actors are shifting their focus to the cloud, and heavily regulated
industries like financial services need to prioritize cloud native
security to reduce risk and meet compliance requirements," said Jay
Emmanuel, partner at Capital One Ventures. "Aqua is a leader and
innovator in the industry, and a strong, full-life-cycle cloud native
application protection platform in the market. We are thrilled to
partner with Aqua at a pivotal moment in this high-growth industry."
"I'm
super excited to be joining the Executive Advisory Board at Aqua," says
Chris Betz. "One of the most powerful approaches to cybersecurity is to
focus on making the secure way the easy way. This is where Aqua is a
game-changer, particularly when it comes to cloud native security. I'm
looking forward to working with the Aqua team to think about the unique
cybersecurity challenges we face in the financial sector."
Following a $135 million Series E funding round
in March 2021, Aqua has experienced explosive growth, doubling its
install base. Aqua now serves more than 25% of the Fortune 100 and
recently expanded into new key markets, including Federal, Asia Pacific,
and Australia.
"Our
full-life-cycle approach to cloud native security is the driver behind
our company's rapid growth," said Dror Davidoff, CEO and co-founder of
Aqua Security. "Many vendors claim they offer full cloud native
security, but in reality, the ‘security' is missing. They only offer
visibility. With the additional support of Capital One, we will continue to make the cloud a safer place for enterprises."
Preparing
for its next phase of growth, Aqua bolstered its executive leadership
with four new c-suite appointments in recent months, including Limor Schwartz as Chief Financial Officer, Christopher Smith as Chief Revenue Officer, the company's first-ever Chief Customer Officer Sharon Eilon, and first-ever Chief Marketing Officer, Matt Richards. Together, these industry veterans will help the company continue to accelerate its financial and customer growth.