Orca Security Ltd., an Israeli-based cloud security startup with U.S. headquarters in Los Angeles, has closed a $210 million Series C round and has plans to expand locally as it takes on competitors.
"This cash infusion makes Orca one of the world's fastest cybersecurity companies to reach unicorn status," said Shua, referring to privately held startups valued at over $1 billion. He said Orca plans to become a publicly traded company at some point. "We are not looking to get acquired."
Three North Korean hackers allegedly tied to the infamous 2014 attack on Sony Pictures Entertainment have been indicted for a wide range of cybercrimes, including an attempt to steal and extort over $1.3 billion in fiat and cryptocurrency.
The U.S. Department of Justice filed the indictment to a Los Angeles federal court in December but it wasn't unsealed until Wednesday. It accuses Jon Chang Hyok, 31, Kim Il, 27 and Park Jin Hyok, 36, of being members of a North Korean military agency that engaged in criminal hacking, including the 2014 cyberattack on Sony in retaliation for the studio's depiction of a fictional assassination of the North Korean leader in "The Interview."
An L.A. security startup that has already signed on clients in tech, gaming, cannabis and entertainment is coming out of stealth mode just as the deadly assault on the U.S. Capitol and this week's presidential inauguration has brought safety to the forefront.
HiveWatch provides companies with a central platform that uses multiple sensors across buildings to help better respond to physical security threats.
Ryan Schonfeld has spent his career building security programs for startups.