Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Cybersecurity Funding

Microsegmentation Firm Edgewise Networks Raises $11 Million

Microsegmentation provider Edgewise Networks today announced that it has secured $11 million in new funding. The company has raised $18 million to date.

Microsegmentation provider Edgewise Networks today announced that it has secured $11 million in new funding. The company has raised $18 million to date.

Founded in 2016, Edgewise is focused on protecting business applications through a zero-trust approach. The company provides a microsegmentation platform based on software identity, which aims at reducing the attack surface in cloud and data center environments. 

The company claims to automatically protect application workloads in seconds and plans to use the newly secured funds to meet growing customer demand for its microsegmentation platform. 

Edgewise Networks LogoLeveraging both machine learning and advanced analytics, the company focuses on the rapid discovery of application communication topology and attack pathways, and allow security teams to microsegment environments with a single click. 

The platform enforces policies on all applications, regardless of whether they reside on premises, in the cloud, or in a container.

“With Edgewise, companies can operate their applications in hybrid cloud and container environments with peace of mind, knowing that they are protected. This strong support from our investors will enable us to expand to meet the demand for automated microsegmentation,” Peter Smith, co-founder and chief executive officer at Edgewise Networks, commented. 

The funding round was led by existing investors .406 Ventures and Accomplice, and also saw additional participation from Pillar.

Related Reading: The Truth About Micro-Segmentation: It’s Not About the Network

Advertisement. Scroll to continue reading.
Written By

Ionut Arghire is an international correspondent for SecurityWeek.

Click to comment

Trending

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

Join the session as we discuss the challenges and best practices for cybersecurity leaders managing cloud identities.

Register

SecurityWeek’s Ransomware Resilience and Recovery Summit helps businesses to plan, prepare, and recover from a ransomware incident.

Register

Expert Insights

Related Content

Application Security

Cycode, a startup that provides solutions for protecting software source code, emerged from stealth mode on Tuesday with $4.6 million in seed funding.

Cybersecurity Funding

SecurityWeek investigates how political/economic conditions will affect venture capital funding for cybersecurity firms during 2023.

Identity & Access

Zero trust is not a replacement for identity and access management (IAM), but is the extension of IAM principles from people to everyone and...

Cyber Insurance

Cyberinsurance and protection firm Boxx Insurance raises $14.4 million in a Series B funding round led by Zurich Insurance.

Cybersecurity Funding

2022 Cybersecurity Year in Review: Top news headlines and trends that impacted the security ecosystem

Cybersecurity Funding

Network security provider Corsa Security last week announced that it has raised $10 million from Roadmap Capital. To date, the company has raised $50...

Funding/M&A

Thirty-five cybersecurity-related M&A deals were announced in February 2023

Funding/M&A

Forty-one cybersecurity-related M&A deals were announced in March 2023.