ORION Security, a data security startup building AI-powered protection systems, has closed $32 million in Series A funding. Norwest led the round, with participation from IBM and existing investors including PICO Venture Partners and Lama Partners. The investment comes less than a year after the company's seed funding and brings total capital raised to $38 million.
The round reflects rapid adoption among tier-1 enterprise customers. Companies across finance, healthcare, and technology are turning to ORION's platform as an alternative to traditional data loss prevention tools that rely on manually created policies.
For nearly two decades, enterprises have depended on data loss prevention systems built around thousands of human-authored policies. These tools require constant tuning and generate relentless streams of false positives. Despite all that effort, they still fail to stop data exfiltration.
The fundamental problem is simple: policies only protect against known threats. Legacy DLP systems can't keep up with modern risks created by AI-driven workflows, uncontrolled SaaS adoption, and distributed workforces. The $5 billion DLP market has been stuck in this cycle, where more policies supposedly equal stronger protection—but data loss incidents continue to rise.
"This funding is a powerful validation of what we've believed from day one: better policies are not the solution for DLP," said Nitay Milner, CEO and co-founder of ORION. "Traditional DLP solutions often add more policies and require spending hours to improve and refine them, perhaps even using AI to do so. Yet, data loss incidents are more widespread than ever. By moving beyond policy-based DLP and using AI to gain true contextual understanding, we're giving enterprises a way to accurately distinguish between legitimate workflows and malicious activity."
ORION replaces policy-centric models with automated, context-driven detection. The platform uses specialized AI agents that continuously analyze data loss indicators in real time. Instead of checking actions against a database of rules, the system captures the full context behind every data movement.
That includes content sensitivity, data lineage, user identity, behavioral intent, and environmental purpose. By understanding why data is moving, ORION can prevent exfiltration before it happens. The approach dramatically reduces false positives while catching incidents that existing DLP tools routinely miss.
The company's customers are already seeing results. Enterprises benefit from protection that eliminates reliance on DLP policies and minimizes manual intervention. The system reduces maintenance costs and allows security teams to focus on actual threats rather than policy management.
ORION will use the new capital to accelerate development of its proprietary end-to-end architecture and specialized AI agents. The company also plans to expand go-to-market operations to meet growing enterprise demand for autonomous DLP.
The investment gives the team resources to refine their platform and reach more companies looking for alternatives to legacy systems. With enterprises increasingly frustrated by traditional DLP limitations, ORION sees an opportunity to capture market share with a fundamentally different approach.
ORION Security was founded in 2024 by CEO Nitay Milner and CTO Jonathan Kreiner. Milner previously served as a product leader at Epsagon, which was acquired by Cisco. Kreiner led application security at WalkMe. The company operates offices in New York City and Tel Aviv.
The founding team built ORION around a core belief: that context matters more than policies when it comes to data security. Rather than layering on more rules, they designed a system that understands the circumstances surrounding data movement.
This approach allows the platform to make intelligent decisions about what constitutes legitimate activity versus malicious behavior. It's a streamlined method that reduces the inefficiencies baked into legacy systems while providing more effective protection.
"ORION is rewriting the rules of data security, eliminating the rigid policy structures that have held DLP back for decades," said Dave Zilberman, general partner at Norwest. "With a fully autonomous, context-driven approach, ORION isn't just building a better product; it's redefining how enterprises safeguard their most critical asset: data."
The Series A round signals investor confidence in ORION's vision for autonomous data protection. With backing from Norwest, IBM, PICO Venture Partners, Lama Partners, and others, the company has financial support to execute on its roadmap and expand its customer base across multiple sectors.
