Ocean Raises $20M Series A Led by Lightspeed

Overview

Ocean, an Israel-based cybersecurity startup, has raised US$20 million in a Series A funding round led by Lightspeed Venture Partners. The round also included participation from Picture Capital, Cerca Partners, and several cybersecurity founders and executives. Ocean builds AI tools to detect phishing and social engineering attacks in email and integrates with Google Workspace and Microsoft 365 through APIs.

Company Background

Ocean was founded in 2024 by Shay Shwartz and Oran Moyal. The startup previously raised a US$8 million seed round in 2024, which was led by Picture Capital. The company currently has approximately 35 employees.

Use of Funds

Ocean stated that the new Series A funding will be directed toward AI research, product development, and hiring.

Technology

Ocean's software connects to Google Workspace and Microsoft 365 to scan emails in real time through APIs.