NEW YORK, NY, ORION Security, a pioneer in AI-driven contextual data security, today announced that it closed $32 million in funding.
The Series A is led by Norwest, with participation from IBM and existing investors PICO Venture Partners, Lama Partners, and others. The round reflects ORION's rapid market penetration with tier-1 global customers, as enterprises are adopting the company's AI-powered platform as an alternative to traditional data loss prevention (DLP) tools.
ORION Security prevents data exfiltration by replacing policy-based enforcement with real-time contextual intelligence that leverages proprietary end-to-end architecture and specialized AI agents to autonomously detect and prevent data loss. ORION was founded in 2024 by CEO Nitay Milner, a former product leader at Cisco-acquired Epsagon, and CTO Jonathan Kreiner, former application security lead at WalkMe, and has offices in New York City and Tel Aviv, Israel.
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