A prominent figure in the tech world, previously holding a senior engineering role at Meta, is making waves with a new venture. Roi Tiger, known for his extensive experience in cybersecurity and data analytics, is reportedly finalizing a substantial Series A funding round worth $55 million for an emerging startup focused on enhancing digital security measures. This initiative follows a seed funding phase that attracted notable investors who previously benefited from Google's acquisition of Wiz.
The upcoming funding round, expected to be spearheaded by Greenoaks, underscores the immense value placed on this still-under-the-radar company. Despite operating in stealth mode, it has already garnered a valuation in the hundreds of millions. Sources indicate that this rapid progression from seed funding to a major Series A round highlights the keen interest of investors in Israeli-based cybersecurity solutions. The announcement coincides closely with Alphabet's recent decision to acquire Wiz in a landmark $32 billion deal, further fueling excitement in the sector.
Roi Tiger's journey in the tech industry began with the founding of Onavo, a mobile data analytics firm acquired by Meta in 2013. Following the acquisition, he transitioned into a leadership role at Meta as vice president of engineering, a position he held until 2022. His latest endeavor reflects not only his expertise but also the growing global demand for advanced cybersecurity technologies. As the digital landscape evolves, ventures like Tiger's underscore the importance of innovation and collaboration in addressing emerging challenges, fostering a safer and more secure online environment for everyone.