Israeli entrepreneur and former Meta engineering executive Roi Tiger is raising $55 million for his stealth cybersecurity startup, according to latest reports, valuing it at $400 million in the funding round.
The investment round is reportedly led by Greenoaks. The news comes weeks after Tiger raised $20 million in seed funding from investors including Sequoia, Index Ventures, and Cyberstarts, according to Business Insider.
In 2022, Tiger left Meta and later, founded his new cybersecurity startup with Pini Pinhasov, co-founder of Medigate that was acquired by Claroty for $400 million in 2021; Ophir Arie, also formerly of Medigate and Claroty; Omer Singer, former Head of Cybersecurity Strategy at Snowflake.
READ: Google to acquire cloud security startup Wiz for $32 billion (March 18, 2025)
Tiger has previously co-founded Onavo, a mobile web analytics company that was purchased by Facebook Inc. (now Meta Platforms) in 2013. The company primarily performed its activities via consumer mobile apps, including the virtual private network (VPN) service Onavo Protect, which analyzed web traffic sent through the VPN to provide statistics on the usage of other apps.
Tiger had founded the app alongside Guy Rosen, and attained the position of Vice President of Engineering at Facebook following the acquisition. However, Onavo had also courted controversy, with it being frequently classified as spyware due to VPN being used to monetize application usage data collected within an allegedly privacy-focused environment.
In August 2018, Facebook pulled Onavo Protect from the iOS App Store due to violations of Apple’s policy forbidding apps from collecting data on the usage of other apps.
This comes shortly after the landmark acquisition of another Israeli cybersecurity startup Wiz by Google’s parent company, Alphabet, was announced. At $32 billion, this was Alphabet’s largest acquisition. Google aims to close the deal by 2026, following which, Wiz would become a part of the company’s cloud business.
Although Tiger’s latest startup has drawn investors’ confidence with the new fundraising round, its identity largely remains under wraps.