Orion Security raises $32 million from IBM to redefine data loss prevention with AI agents

Orion Security Secures $32 Million Funding to Transform Data Loss Prevention

Orion Security announced it has raised $32 million in a Series A funding round led by Norwest Venture Partners, with participation from IBM and existing investors PICO Venture Partners and Lama Partners 1

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. The Israeli startup, founded in 2024, plans to use the capital for platform development, go-to-market operations and expanding its autonomous data loss prevention capabilities. This latest investment brings Orion Security's total funding to $38 million, following a $6 million seed round raised in March 2025 1

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AI Agents Replace Policy-Based DLP with Contextual Intelligence

Orion Security has developed an alternative to conventional DLP by replacing rigid policy-based enforcement with AI-powered data loss prevention that leverages real-time analysis and contextual signals. The data security platform deploys specialized AI agents that continuously detect and analyze data movement across organizations, capturing information about data sensitivity, lineage, user identity, behavioral patterns, intent and environmental purpose 1

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. Rather than attempting to predefine every acceptable or unacceptable data action, the platform understands why data is moving, enabling it to accurately distinguish between legitimate business workflows and actual data exfiltration attempts.

"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," explained Nitay Milner, CEO and co-founder of Orion Security. "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" 1

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Reducing False Positives While Capturing Missed Incidents

The company claims its autonomous data loss prevention solution prevents data exfiltration before it occurs while dramatically reducing false positives and capturing incidents that existing data loss protection tools routinely miss 1

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. This streamlined approach significantly reduces maintenance costs and allows security teams to focus on real risk rather than alert noise. Orion Security has already attracted customers across finance, healthcare and technology sectors, including notable names such as Alera Group, American Express Global Business Travel, Elastic, LinkedIn, Incode Technologies and Omega Point 1

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Investor Confidence Signals Market Shift

Dave Zilberman, general partner at Norwest Venture Partners, emphasized the significance of Orion's approach: "Orion is rewriting the rules of data security, eliminating the rigid policy structures that have held DLP back for decades. 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" 1

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. The participation of IBM alongside venture capital firms signals growing enterprise interest in AI-driven security solutions that can adapt to increasingly complex data environments without the inefficiencies of legacy systems.