Security Experts:

Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Cybersecurity Funding

Network Security Company Netography Raises $45 Million

Network detection and response (NDR) solutions provider Netography has raised $45 million in Series A funding, which brings the total raised by the company to $47.6 million.

The new investment round was led by Bessemer Venture Partners and SYN Ventures. Existing investors Andreessen Horowitz, Harpoon Ventures, Mango Capital, and Wing Venture Capital also contributed.

Network detection and response (NDR) solutions provider Netography has raised $45 million in Series A funding, which brings the total raised by the company to $47.6 million.

The new investment round was led by Bessemer Venture Partners and SYN Ventures. Existing investors Andreessen Horowitz, Harpoon Ventures, Mango Capital, and Wing Venture Capital also contributed.

The network security firm says it will use the capital for the development of new technology and for channel expansion. The company says it also plans to invest in sales.

Founded in 2018, Netography provides customers with a cloud-native SaaS NDR platform that aims to secure what the company calls the atomized network: “the complex, multi-cloud, plus on-premises, plus legacy infrastructure that comprise most enterprise networks today.”

For that, the Maryland, United States-based startup ingests metadata from all systems, to deliver visibility into assets and detection of attacks.

“The appliance model and deep packet inspection will provide less and less utility as we move forward, and it’s time for a new architecture that addresses the needs of modern network environments. By upending this model and approaching security with the mindset of securing atomized networks, Netography provides security teams the protection they actually need for the way their networks look today and going forward as they mbrace a distributed, Web 3.0 world,” Martin Roesch, Netography CEO, said.

Related: Contrast Security Raises $150 Million at ‘Unicorn’ Valuation

Related: Socure Raises $450 Million at $4.5 Billion Valuation

Related: Compliance-as-a-Service Platform Laika Raises $35 Million

Related: Encryption-as-a-Service Provider Vaultree Emerges From Stealth

Written By

Ionut Arghire is an international correspondent for SecurityWeek.

Click to comment

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 this webinar to learn best practices that organizations can use to improve both their resilience to new threats and their response times to incidents.

Register

Join this live webinar as we explore the potential security threats that can arise when third parties are granted access to a sensitive data or systems.

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.

Network Security

NSA publishes guidance to help system administrators identify and mitigate cyber risks associated with transitioning to IPv6.

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...

Cyberwarfare

Websites of German airports, administration bodies and banks were hit by DDoS attacks attributed to Russian hacker group Killnet

Funding/M&A

More than 450 cybersecurity-related mergers and acquisitions were announced in 2022, according to an analysis conducted by SecurityWeek

Funding/M&A

Twenty-one cybersecurity-related M&A deals were announced in December 2022.

Funding/M&A

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