Zero Networks Has Secured $55 Million in Private Funding

Zero Networks, an Israeli cybersecurity startup, announced on Tuesday that it has raised $55 million in a mid-stage private fundraising round, increasing its total raised to date to more than $100 million.

Summary:

1. Zero Networks, an Israeli cybersecurity startup, has raised $55 million in a mid-stage private fundraising round, raising its total raised to over $100 million.

2. Since its Series B, Zero Networks has nearly tripled its customer list, doubled its personnel, and grown its revenue by nearly 300%.

3. Benny Lakunishok, CEO and Co-Founder of Zero Networks, believes that this funding will help make segmentation simple, scalable, and powerful enough to limit malware and prevent lateral movement at its source.

Based on this latest startup news, Highland Europe led the investment, including participation from existing investors F2 Venture Capital, PICO Venture Partners, Venrock, and U.S. Venture Partners (USVP).

Zero Networks announced that this additional startup funding will assist in fueling its growth and expansion across North America, Europe, the Middle East, and Africa, as well as the Asia Pacific region.

Since its Series B, Zero Networks has nearly tripled its customer list, doubled its personnel, and grown its revenue by nearly 300%, driven by increasing business urgency to prevent lateral movement and enforce real zero trust controls.

Lateral movement is a defining approach in the bulk of malware and supply chain assaults, but the lack of microsegmentation leaves most organisations vulnerable. Traditional tools are focused on the perimeter, but once broken, attackers can move openly, generally unnoticed for days or weeks. That is exactly what Zero Networks was designed to prevent.

What is Zero Networks?

According to this startup news, its concept revolves around a fundamentally basic micro-segmentation method. While microsegmentation has long been regarded as the gold standard for preventing lateral movement, it has traditionally been perceived as too difficult to implement and scale.

Zero Networks has changed the story with an agentless, automated system that finally makes micro segmentation both successful and simple, as seen by record-breaking growth in 2024 and regular five-star client ratings.

This startup funding will help fuel the company’s next phase of growth, which will include staff expansion in sales and marketing, research and development, and customer support. Additionally, funding will be utilized to enhance go-to-market efforts in North America, EMEA, and APAC, as well as to support ongoing innovation in Zero Networks’ award-winning solutions.

“Micro segmentation has long been the centerpiece of network defense; appreciated for its effectiveness but abandoned because of its complexity,” said Benny Lakunishok, CEO and Co-Founder of Zero Networks. “

This fundraising round verifies everything we’ve said since the beginning: that we can make segmentation simple, scalable, and powerful enough to limit malware and prevent lateral movement at its source. It also provides a tremendous chance for any network defense out there to cease playing catch-up and start taking control.”

While the startup specializes in modern micro segmentation, it also provides Zero Trust Network Access (ZTNA) and Identity Less Privilege solutions on a unified platform. The cybersecurity startup’ proprietary, multi-factor authentication-driven system provides least privilege access across all users, devices, and workloads, leading to zero trust that lives up to its name.

Also, in the world of trending news, Tata Consultancy Services (TCS) has signed a 7-year agreement with British airline Virgin Atlantic to enhance its digital transformation. TCS will use its proprietary platforms, such as TCS Cognix and AI WisdomNext, to help the airline meet customer experience and sustainability goals.

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