Ex-Meta VP Raised Again-to-Again Mega Funding Rounds for New Startup

Roi Tiger, former vice chairman of engineering at Meta, is within the technique of closing a $55 million Sequence A funding spherical for a brand new cybersecurity startup, Enterprise Insider has discovered.

The spherical is ready to be led by Greenoaks and can worth the corporate at tons of of hundreds of thousands of {dollars}, a rare sum for a startup nonetheless in stealth mode.

The funding comes simply weeks after Tiger raised $20 million in seed funding from buyers together with Sequoia, Index Ventures, and Cyberstarts, BI additionally discovered.

Spokespeople for Tiger and Greenoaks declined to remark. Sequoia, Index Ventures, and Cyberstarts didn’t reply to a request for remark.

The quickness with which Tiger raised the brand new spherical reveals the voracious urge for food buyers have for Israeli cybersecurity startups after Alphabet introduced final week it might purchase Wiz for $32 billion in all-cash deal.

Cyberstarts, Index Ventures, Greenoaks, and Sequoia had been additionally early buyers in Wiz.

Tiger based Onavo, a cellular information analytics firm that was acquired by Meta in 2013. After the deal was accomplished, he joined Meta as vice chairman of engineering, the place he labored till 2022.