Microsegmentation agency Zero Networks at this time introduced elevating $55 million in Sequence C funding, which brings the overall raised by the corporate to over $100 million.
The brand new funding spherical was led by Highland Europe, with extra assist from earlier buyers F2 Enterprise Capital, PICO Enterprise Companions, Venrock, and U.S. Enterprise Companions (USVP).
Based in 2019, the Israeli agency helps organizations safe their networks by means of microsegmentation, stopping menace actors from transferring laterally after preliminary compromise.
Zero Networks offers an agentless, automated resolution that eliminates the complexities usually related to microsegmentation, whereas additionally considerably lowering prices.
The corporate’s providing additionally combines Zero Belief Community Entry (ZTNA) and Identification Least Privilege options in a single, unified platform that enforces least privilege entry throughout units, customers, and workloads.
The answer divides the enterprise setting into remoted micro-segments, restricts privileged account entry, and applies zero belief ideas to distant connections to cut back the general assault floor and guarantee compliance.
Zero Networks, which has places of work in Tel Aviv, Israel, and Orlando, Florida, will use the brand new funding to broaden its analysis and improvement, gross sales and advertising, and buyer assist groups. It is going to additionally put money into go-to-market methods within the North America, EMEA, and APAC areas.
“This funding increase validates all the pieces we’ve claimed since day one: that we are able to make segmentation easy, scalable, and highly effective sufficient to include ransomware and cease lateral motion at its supply. It additionally opens up a large alternative for each community defender on the market to cease enjoying catch-up and begin taking management,” Zero Networks co-founder and CEO Benny Lakunishok mentioned.Commercial. Scroll to proceed studying.
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