ORION Security has secured $32 million in Series A funding, led by Norwest Venture Partners, with participation from IBM and existing backers such as PICO Venture Partners, Lama Partners, and Underscore VC. This latest round comes less than a year after ORION’s seed financing, bringing its total funding to $38 million.
The new capital will be used to accelerate the development and expansion of ORION’s autonomous, AI-powered data loss prevention (DLP) platform, which replaces traditional rule-based policy systems with real-time context-aware detection. ORION’s solution uses specialized AI and proprietary models to continuously analyze data movement—looking at factors such as content sensitivity, user identity, behavior, and environmental signals—to accurately identify and stop risky data transfers before they become breaches.
Unlike legacy DLP tools that depend on thousands of manually written policies and generate many false alarms, ORION’s platform delivers higher accuracy with fewer false positives and greatly reduced maintenance. The company says this context-driven approach helps enterprises understand why data is moving and respond appropriately.
ORION already counts large customers in sectors including finance, healthcare, and technology, and plans to use the funding to grow both its technology and go-to-market teams to meet rising demand.
CEO and co-founder Nitay Milner described the funding as “a powerful validation” of the belief that better policies alone aren’t enough for effective DLP, emphasizing the benefits of AI-led contextual understanding.