Vega secures $120M Series B to reinvent enterprise cyber threat detection

Modern companies produce massive amounts of security data, but traditional tools like Splunk require organizations to centralize all that data before identifying threats — a process that is both slow and expensive. As cloud adoption accelerates and data volumes surge across distributed environments, that model is becoming increasingly unsustainable.

Vega Security, an AI-driven cybersecurity startup, is taking a different approach. Instead of moving data into a single system, Vega runs security directly where the data already resides — across cloud platforms, data lakes, and existing storage infrastructure. To accelerate this vision, the two-year-old company has raised a $120 million Series B round.

The round was led by Accel, with participation from Cyberstarts, Redpoint, and CRV. It nearly doubles Vega’s valuation to $700 million and brings total funding to $185 million. The company plans to use the capital to expand its AI-native security operations platform, strengthen its go-to-market efforts, and grow internationally.

The 100-employee company has already secured multimillion-dollar deals with banks, healthcare providers, and Fortune 500 companies, including cloud-focused firms such as Instacart.