Israeli security analytics startup Vega raises $65M in funding, hits $400M valuation

Vega is barely 18 months old, but the Israeli cybersecurity startup has already joined the big leagues. The company announced Tuesday it has raised $65 million across its seed and Series A rounds, pushing its valuation to $400 million.

The financing was led by Accel, with backing from Cyberstarts, Redpoint, and CRV—an investor lineup that signals strong conviction in Vega’s approach to security analytics.

Israel’s cybersecurity scene has been buzzing this year with record-breaking deals. Palo Alto Networks struck a $25 billion acquisition of CyberArk Software in July, and Alphabet shelled out $32 billion for Wiz in March. Vega now enters that same ecosystem with ambitions to reshape how large enterprises run their security operations.

Founded in 2024 by CEO Shay Sandler and a small team of ex-Unit 8200 veterans, Vega is building technology it says will “reimagine how security analytics is being done in organizations and solve the crucial limitations over the past decade in security operations.” Sandler points to early traction with some of the largest U.S. retailers and financial institutions, the core market Vega is targeting as it sets up operations stateside.

Vega has developed AI-native security analytics and investigations that work across any stack, without forcing costly migrations or complex pipeline engineering. The company already counts Fortune 500 firms, leading banks, and one of the world’s largest healthcare organizations as customers.

Its pitch to enterprises is straightforward: security teams get instant, global visibility regardless of where their data lives—cloud, legacy, or hybrid—while cutting both cost and complexity compared to traditional systems.

“Two-thirds of security teams’ time is wasted searching for data instead of stopping attacks. The teams aren’t to blame; it’s the broken, costly architecture. Vega flips the model: we analyze data in place and leverage AI to automatically surface what matters most, giving teams the speed, clarity, and coverage they need to outpace threats,” Sandler said in a statement.

Sandler’s track record adds weight to the pitch. A graduate of Israel’s elite military intelligence unit, he previously worked at a company later acquired by Intel. His goal for Vega is clear: grow it into a major cybersecurity player at a time when demand for smarter, more effective defenses is soaring.