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New Deal


Announced

Completed

Temasek Holdings led a $550m Series C financing round in Orca Security.

Financials

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Transaction Value£404m
Consideration TypeCash
Capital Owned-
Capital Bid For30%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Venture Capital

Friendly

Minority

Software

cloud security

Israel

Cross Border

Private

Completed

Acquisition

Synopsis

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Temasek Holdings, a Singapore state investor, led a $550m Series C financing round in Orca Security, a cloud security provider. Additional investors include SAIC, Lone Pine Capital, Splunk Ventures, CapitalG, Redpoint Ventures, Stripes Group, GGV, ICONIQ Capital, Adams Street Partners, Willoughby Capital and Harmony Partners. Orca plans to open offices in Japan, Australia, and Thailand in the next two to five months. It plans to hire around two dozen employees - mostly security and cloud infrastructure engineers.

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