Orion Raises $32 Million for Data Security

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 ...