JERUSALEM, Sept 16 (Reuters) - Israeli cybersecurity

startup Vega said on Tuesday it had raised $65 million in

early-stage financing rounds that valued it at $400 million.

The funding, which included so-called seed and Series A

funding, was led by venture capital fund Accel, with

participation from venture capital funds Cyberstarts, Redpoint

and CRV.

Israel is a global leader in cyber security.

In July, Palo Alto Networks ( PANW ) said it was buying

Israeli peer CyberArk Software for about $25 billion,

in its biggest deal yet.

That followed Alphabet's $32 billion acquisition

of Israeli startup Wiz in March.

Vega, founded a year and a half ago, said it would use the

funds to significantly expand its research and development and

its operations in the United States, its main market.

Co-founder and CEO Shay Sandler said Vega was building a

technology that would "reimagine how security analytics is being

done in organizations and solve the crucial limitations over the

past decade in security operations."

"We see very early traction from the biggest enterprises out

there," Sandler told Reuters, citing large U.S. retailers and

financial institutions.

Sandler, a graduate of the military's 8200 intelligence unit

who previously worked at a firm bought by Intel ( INTC ), said he planned

to grow the company into a large company.