BREAKING: Vega lands $120M Series B led by Accel - five months after a $65M raise Valuation hits ~$800M in under two years Global banks, healthcare giants & Fortune 200 firms sign on Founders are Unit 8200 & Intel Granulate alumni $185M raised across three rounds No data left behind: detection meets the data where it lives BREAKING: Vega lands $120M Series B led by Accel - five months after a $65M raise Valuation hits ~$800M in under two years Global banks, healthcare giants & Fortune 200 firms sign on Founders are Unit 8200 & Intel Granulate alumni $185M raised across three rounds No data left behind: detection meets the data where it lives
Company File · Cybersecurity

VEGA

THE SECURITY ANALYTICS MESH

Stop shipping every log to one expensive bucket. Vega brings AI-native threat detection to the data - wherever it already lives.

Series B · $120M Founded 2024 Tel Aviv · New York AI · Enterprise · SaaS
Vega Security - Security Analytics Mesh product graphic
Vega's pitch in one frame: limitless data, limitless speed - the kind of slide that makes a CISO put down the coffee. (Image: Vega)
// The Dispatch

A startup the banks called first

Somewhere a security analyst just got an answer in seconds that used to take a week. Nobody applauded. That's the point.

Picture a security operations center at 2 a.m. An alert fires. The analyst needs to know if it touched anything in the last 90 days - but the relevant logs sit in three clouds, a data lake, and a cold archive nobody has queried since the budget meeting. Normally this is where the night gets long. With Vega, it's a single question, asked in plain English, answered before the coffee cools.

Vega is a two-year-old cybersecurity company that has done something unusual for a firm its age: it convinced global banks, one of the world's largest healthcare organizations, and Fortune 200 enterprises to sign multimillion-dollar contracts before most people had heard the name. It raised $185 million across three rounds and reached a valuation of roughly $800 million, all while insisting the security industry has been solving the wrong problem.

"When a solution is adopted this quickly by global banks and large enterprises, it signals a real shift in how the market wants to operate." - Shay Sandler, Co-Founder & CEO
// The Problem They Saw

Security got expensive by the gigabyte

The traditional SIEM: a very tidy room you pay rent on, where half the furniture is in boxes you never open.

For two decades the security playbook had one rule - collect everything, move it to one place, then search. The tool that did this was the SIEM, and it worked, in the way a toll booth works: every log paid to enter, and the bill grew with the data. Enterprises now generate logs faster than they can afford to ingest them, so teams quietly make a grim trade. They keep the "important" data hot and searchable, and they banish the rest to cold storage, where it waits, unread, for an incident that hopefully never comes.

The irony writes itself. The data most useful during a breach - the old, the obscure, the archived - is exactly the data nobody can reach when the breach happens. Security teams ended up paying premium prices to store information they had effectively agreed not to look at.

That is the tension Vega exists to resolve: visibility should not be a budget line you ration. If half your data is too expensive to search, you don't have a security program - you have a hope.

"Every dataset, hot or cold, should be immediately accessible for every security use-case." - Vega, on its first principle: Visibility First
// The Founders' Bet

Don't move the data. Move the detection.

Two veterans of an intelligence unit decided the cheapest place to search your data is the place it's already sitting.

Shay Sandler and Eli Rozen met in Unit 8200, Israel's signals-intelligence corps - the kind of place where you learn that the hard part of finding a needle is rarely the needle, it's the cost of carrying the haystack around. They went on to help build Granulate, a performance-optimization startup acquired by Intel in 2022 for around $650 million. Sandler became CEO; Rozen became CTO. They had built a company that made other people's infrastructure cheaper to run. The next idea was to do the same for security.

Their bet inverts the entire SIEM model. Instead of dragging petabytes of logs into a central warehouse, Vega leaves the data where it is - in cloud platforms, data lakes, SaaS tools, and existing storage - and sends the analytics out to meet it. They call the architecture a Security Analytics Mesh: a federated layer that queries everything at once, without asking you to move, copy, or re-pay for a single byte.

It is a deceptively simple reframing. The expensive part of security was never the searching. It was the moving. Remove the move, and the economics flip.

8200
The intelligence unit both founders served in
~$650M
Intel's acquisition of Granulate, the founders' prior startup
"Vega enables them to just plug and play and achieve immediate detection response value." - Shay Sandler, Co-Founder & CEO
// The Product

What the mesh actually does

Ask a question in English. Vega translates it to KQL, runs it everywhere, and reads the raw logs so you don't have to.

Strip away the funding headlines and Vega is, at heart, a search engine with opinions. It lets a security team query every repository simultaneously - in natural language or KQL - and returns answers fast enough to be useful mid-incident. Under the hood sit the unglamorous workhorses of scalable search: Bloom and cuckoo filters, HyperLogLog++ for approximate counting, finite state transducers, inverted indexes. The kind of engineering that wins no marketing awards and quietly makes everything possible.

Security Analytics Mesh

The federated, AI-native core. Analyze, search, and detect directly against data in cloud platforms, data lakes, SaaS, SIEMs, and cold storage - no centralized ingestion.

AI-Native Federated Analytics

One query, every repository. Ask in plain English; Vega translates to KQL (NL2KQL) and fans the question out across fragmented sources.

AI-Powered Detection

AI across the full detection lifecycle - tuning detections and filtering noise so teams know which alerts actually matter.

Agentic Triage

Automated investigation, correlation, and enrichment. The AI reads raw logs and assembles the full picture of an incident before a human opens the ticket.

IR Readiness & Cost Optimization

Incident-response readiness assessment, plus a pricing model where cost scales with value - not with how many gigabytes you happened to log.

"Costs should scale with value, not with data volume." - Vega, on its second principle: Cost Efficiency
// The Short, Fast Life of Vega

Milestones

A timeline that fits on an index card and still embarrasses companies twice its age.

From whiteboard to $800M

2024

Founded. Shay Sandler and Eli Rozen start Vega to rethink security analytics from the data up.

Sep 2025

Out of stealth. Vega emerges with $65M to "redefine the boundaries of security analytics," reportedly at a ~$400M valuation.

Feb 2026

$120M Series B. Led by Accel, with Cyberstarts, Redpoint, and CRV. Total funding hits $185M; valuation climbs toward ~$800M.

2026

Enterprise traction. Multimillion-dollar contracts with global banks, a major healthcare org, and Fortune 200 firms; US go-to-market team expands.

// The Proof

The money and the customers agree

Three rounds, two years, one chart. The investors did the math you're about to look at.

Skeptics are right to ask whether a clever architecture and a clever pitch are the same thing. Vega's answer is its customer list and its cap table - two audiences that are notoriously hard to charm. Accel led the Series B; Cyberstarts, Redpoint, and CRV came along. On the buyer side, the company reports multimillion-dollar contracts with global banks, one of the world's largest healthcare organizations, and Fortune 200 enterprises, with cloud-heavy firms among its named users.

Funding raised, by round

USD, cumulative reads as $185M total · source: company & press reports
Stealth / Sep '25
$65M
Series B / Feb '26
$120M
Total to date
$185M

Bars scaled to the $120M Series B. The "total" bar is the sum of disclosed rounds, not a single check.

~$800M
Valuation reached in under two years
5 mo.
Gap between the $65M raise and the $120M Series B
"No data left behind." - A recurring line in Vega's security data mesh thesis
// The Mission

Make all of it searchable, now

A mission statement short enough to remember and specific enough to argue with - rarer than it sounds.

Vega's stated mission is to help organizations access and analyze all their security data wherever it resides, without migrations or legacy SIEM constraints. The company organizes itself around four principles: visibility first, cost efficiency, a unified experience across fragmented sources, and AI woven through every stage of the detection lifecycle.

What makes the mission credible is that it is also the product. There is no gap here between what Vega says it believes and what the software does. The belief - that no dataset should be too expensive to search - is the feature. Remove the data-access barrier and, the company argues, genuinely preemptive threat hunting stops being a slide and becomes a Tuesday.

"A single workflow across fragmented data sources - and AI powering every stage of detection." - Vega's principles, paraphrased: Unified Experience & Comprehensive AI
// Why It Matters Tomorrow

The long game

Comparisons to Wiz are flattering and premature. Vega seems comfortable with both.

Security spending is moving in exactly one direction, and so is the volume of data attackers hide inside. If the next decade of breaches will be won or lost on whether defenders can actually see their own data, then the company that makes all of it searchable - cheaply, instantly, in plain language - is holding a useful hand. The press has already started drawing lines to Wiz, the Israeli cloud-security juggernaut. Flattering, certainly. Premature, probably. But the comparison points at the right ambition.

Now return to that 2 a.m. SOC. The alert still fires. The cold archive still exists. But the long night is gone, replaced by a question and an answer. The analyst checks the last 90 days across every store at once, confirms the threat never spread, and closes the ticket. The data that used to sit in a box, paid for and unread, just earned its keep.

That is the whole bet: the most dangerous log is the one you couldn't afford to look at. Vega's job is to make sure that log no longer exists.

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