Shai Morag, Israeli Cybersecurity Veteran, Raises $60 Million for New Stealth Startup

Israeli cybersecurity entrepreneur Shai Morag has raised approximately $60 million for a new startup that remains in stealthDealroom has a profile for this one. Try Dealroom →, Calcalist reported. The company completed two rounds — an initial $20 million led by Greylock Partners , followed by a $40 million round joined by Accel and CRV .

While the venture’s focus has not been disclosed, the caliber of investors reflects strong confidence in Morag’s track record. He previously co-founded Ermetic , a cloud security company acquired by Tenable in 2023 for $265 million , and earlier founded Secdo , sold to Palo Alto Networks for around $100 million . His first company, Integrity ProjectDealroom has a profile for this one. Try Dealroom → , was acquired by Mellanox .

A former officer in Israel’s elite Unit 8200 , Morag spent a decade in military intelligence before transitioning to the private sector. His leadership has consistently centered on building advanced security architectures designed to address evolving threats across cloud, network, and endpoint environments. Over the past 15 years, Morag has become a key figure in Israel’s cybersecurity ecosystem, known for turning technical innovation into scalable commercial outcomes and attracting top-tier U.S. investors.

His new venture adds to a growing wave of cybersecurity startups emerging from Israel’s intelligence community — this one still operating quietly but already backed by some of Silicon Valley’s most prominent venture firms.

Source:
CTECH

A.M.