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Aqua Security protects containerized apps and infrastructure, raises $135M

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Aqua Security today announced that it raised $135 million in series E funding at a post-money valuation exceeding $1 billion. The Boston- and Tel Aviv-based company plans to put the proceeds toward broadening its product portfolio and its geographic footprint.

Containers, the packages of code and dependencies that run across computing environments, are riding a worldwide wave in popularity. According to a recent study from Nemertes, 45% of enterprises used containers by the end of 2018 compared with 21% in 2017. Meanwhile, Grand View Research reports that by 2025, the industry might reach $8.2 billion.