Microsegmentation firm Zero Networks today announced raising $55 million in Series C funding, which brings the total raised by the company to over $100 million.
The new investment round was led by Highland Europe, with additional support from previous investors F2 Venture Capital, PICO Venture Partners, Venrock, and U.S. Venture Partners (USVP).
Founded in 2019, the Israeli firm helps organizations secure their networks through microsegmentation, preventing threat actors from moving laterally after initial compromise.
Zero Networks provides an agentless, automated solution that eliminates the complexities typically associated with microsegmentation, while also significantly reducing costs.
The company’s offering also combines Zero Trust Network Access (ZTNA) and Identity Least Privilege solutions in a single, unified platform that enforces least privilege access across devices, users, and workloads.
The solution divides the enterprise environment into isolated micro-segments, restricts privileged account access, and applies zero trust principles to remote connections to reduce the overall attack surface and ensure compliance.
Zero Networks, which has offices in Tel Aviv, Israel, and Orlando, Florida, will use the new funding to expand its research and development, sales and marketing, and customer support teams. It will also invest in go-to-market strategies in the North America, EMEA, and APAC regions.
“This funding raise validates everything we’ve claimed since day one: that we can make segmentation simple, scalable, and powerful enough to contain ransomware and stop lateral movement at its source. It also opens up a massive opportunity for every network defender out there to stop playing catch-up and start taking control,” Zero Networks co-founder and CEO Benny Lakunishok said.
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