- Roi Tiger is a former vice president of engineering at Meta.
- He is in the process of closing a $55 million Series A funding round for a new cybersecurity startup, BI learned.
- It comes after Tiger raised seed funding from the same investors who had a big payday when Google bought Wiz.
Roi Tiger, former vice president of engineering at Meta, is in the process of closing a $55 million Series A funding round for a new cybersecurity startup, Business Insider has learned.
The round is set to be led by Greenoaks and will value the company at hundreds of millions of dollars, an extraordinary sum for a startup still in stealth mode.
The funding comes just weeks after Tiger raised $20 million in seed funding from investors including Sequoia, Index Ventures, and Cyberstarts, BI also learned.
Spokespeople for Tiger and Greenoaks declined to comment. Sequoia, Index Ventures, and Cyberstarts did not respond to a request for comment.
The quickness with which Tiger raised the new round shows the voracious appetite investors have for Israeli cybersecurity startups after Alphabet announced last week it would acquire Wiz for $32 billion in all-cash deal.
Cyberstarts, Index Ventures, Greenoaks, and Sequoia were also early investors in Wiz.
Tiger founded Onavo, a mobile data analytics company that was acquired by Meta in 2013. After the deal was completed, he joined Meta as vice president of engineering, where he worked until 2022.
Read the full article here
