Avalor Emerges from Stealth with $30M to Make Sense of Security Data
April 19, 2023
We are officially out of stealth!
Avalor is officially coming out of stealth! Today, we announced $30M in funding including a $25M Series A round led by TCV with participation from Salesforce Ventures and adding to the $5M we raised in our Seed round led by Cyberstarts with participation from Jibe Ventures and industry angels. This equity round will help us expand operations in the U.S. and Israel as we continue our mission to help security teams make faster, more accurate decisions by making sense of their data.
It Takes a Village
First and foremost, I’m tremendously proud of our team, their tenacity, and their talent. We would not be here without them.
We started the company just as the economy began to spiral, but the team’s strong conviction and expertise allowed us to push through, building the company’s foundation in a short period of time. Always with a “can-do” attitude and the goal of becoming the data platform for security teams.
When we raised our seed round with Cyberstarts in 2022, we initially felt like outsiders in the security world. We were the “data-folks” who joined a hardcore cyber VC. That feeling quickly changed thanks to the partnership with Lior Simon and Gili Raanan! They are an amazing force multiplier, combining the security and data way of thinking with their experience of building the best cyber companies in the world. Thank you Lior and Gili for your continued vote of confidence!
We also owe a big thanks to our board members and advisors, Doug and Emily. We are thrilled to have you by our side!
To Datorama co-founders Efi and Ran — thank you for always being there to lend a helping hand!
To our families and friends — your continued support fills us with energy! Thank you for everything.
This is also an exciting milestone for our customers, investors, and partners. We’re grateful to all of you for the opportunity you’ve given us and we plan to make the most of it.
Full Speed Ahead!
Since our seed round, we’ve been hard at work building a powerful data fabric to integrate disparate data pipelines using automated services and APIs. I’m proud that we’ve been able to help our customers build trust in their security programs by making sense of their data and empowering their stakeholders from IT, R&D, product, and more to understand security priorities in their own terms.
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