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Orion Security Secures $32 Million for AI-Driven Data Protection

2/3/2026

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Story summary
  • Orion Security announced a $32 million Series A led by Norwest, with IBM and existing investors.
  • The round raises Orion's funding to $38 million and follows its 2024 founding.
  • Orion develops AI-driven data security to replace traditional data loss prevention tools.
  • Nitay Milner, CEO of Orion Security, says the approach minimizes manual intervention and improves real-time detection.
  • The funding will expand development and meet demand from finance, healthcare, and technology.