Vega secures $65m to disrupt traditional SIEM systems

Vega, a cybersecurity company founded in 2024, has raised $65m to expand its AI-driven security analytics platform.

The funding round covers both seed and Series A stages and was led by Accel. Cyberstarts, which was Vega’s first seed investor, also took part alongside Redpoint and CRV.

The company provides an AI-native platform that delivers security analytics and investigation across any technology stack, without requiring costly data migrations or complex pipeline engineering. Its solution is already used by Fortune 500 companies, leading global banks, and one of the world’s largest healthcare organisations, setting a new benchmark for threat detection.

Vega intends to use the new funds to further develop its federated security analytics technology, which allows teams to analyse data in place across cloud, legacy, or hybrid environments. The platform enables continuous posture assessment, detection gap analysis, and real-time optimisation, while also empowering analysts to investigate threats in plain English. The company says this helps reduce costs, accelerate detection, and strengthen resilience compared to traditional Security Information and Event Management (SIEM) systems.

The firm argues that existing SIEM solutions were designed for an earlier era, with limited data volumes and centralised systems. As enterprises have shifted to sprawling, data-heavy, cloud-first models, these traditional tools have become inefficient, often creating blind spots and excessive costs as organisations generate terabytes of data daily.

Vega co-founder and CEO Shay Sandler said, “Two-thirds of security teams’ time is wasted searching for data instead of stopping attacks. The teams aren’t to blame; it’s the broken, costly architecture. Vega flips the model: we analyse data in place and leverage AI to automatically surface what matters most, giving teams the speed, clarity, and coverage they need to outpace threats.”

Accel partner Andrei Brasoveanu said, “Traditional SIEM solutions are costly, fragmented, and now ineffective due to the surge in security telemetry and AI-driven threats. Recognising this, Shay, Eli, and the Vega Security team have built a platform that decouples detections from the storage of SIEM data, demonstrating clear ROI for enterprises via cost savings and operational efficiency. We’ve been impressed by the team’s deep domain expertise and passion for the problem they set out to solve, as well as the early market traction achieved. We look forward to supporting them on the next phase of their journey.”

Cyberstarts general partner Lior Simon said, “Vega is addressing one of the most fundamental challenges in modern cybersecurity, enabling accuracy and speed without sacrificing clarity. Shay and Eli are seasoned leaders and visionary builders with a deep, firsthand understanding of the complexity security teams face. Their bold, scalable approach has reimagined how organisations effectively defend themselves in an ever-evolving landscape of cyberthreats, and we’re proud to have backed them from the very beginning.”

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