Airgap Networks on Tuesday announced raising $13.4 million in a Series A funding round that brings the total raised by the company to $18.6 million.
The funding round was led by Storm Ventures, with participation from Cervin Ventures, Engineering Capital, Sorenson Ventures, and various angel investors.
Airgap has developed what it describes as an agentless, universal segmentation solution that can protect IT, OT and cloud systems by providing visibility and management capabilities.
Airgap’s platform uses an “agentless ringfencing architecture” to confine threats to a single endpoint. It also enforces MFA access for high-value assets, and aims to eliminate unauthorized communication channels inside an organization.
The platform is designed to provide zero trust, secure access, ransomware protection, network access control and incident response capabilities.
The company claims its “Ransomware Kill Switch” enables a “surgical response” to ransomware attacks, stopping the malware from spreading without impacting productivity, as it does not require the shutdown of networking infrastructure in order to contain the threat.
Airgap says its product is already used by companies in the manufacturing, healthcare, insurance, construction, and local government sectors.