Vega, an Israel-based cybersecurity startup, is preparing to raise a new round expected to total tens of millions of dollars at a valuation above US$400 million.

The company was founded in 2024 by Shay Sandler and Eli Rozen, both veterans of Unit 8200 and Granulate.

This will be Vega’s third funding round in under a year, following its US$65 million seed and series A rounds led by Accel, with participation from Cyberstarts, Redpoint, and CRV just two months ago.

Vega develops a platform that analyzes security data in place, offering an alternative to traditional SIEM systems that require moving large volumes of data.

🔗 Source: Calcalist