NetWitness Corporation, a Herndon, VA-based provider of real-time network forensics and automated threat intelligence solutions, has received an undisclosed minority investment from Summit Partners.
The new capital will enable the company to fund additional technology acquisitions and other strategic initiatives related to its network security technology.
Commenting on the funding round, Said Nick Lantuh, President of NetWitness Corporation, said: “Raising capital from Summit is a strategic move for NetWitness that will help us to acquire and develop additional innovative technologies and widen our competitive edge in defining the next generation of network security”.
In conjunction with the funding, Harrison Miller, Managing Director with Summit Partners, will join the NetWitness Corporation Board of Directors.
NetWitness Corporation provides government and commercial organizations with solutions solving a wide variety of information security problems including advanced persistent threat management, sensitive data discovery and advanced data leakage detection, malware activity discovery, insider threat management, policy and controls verification and e-discovery.
Originally developed for the US Intelligence Community, the company has evolved to provide enterprises around the world with innovative methods of network content analysis and host-based risk discovery and prioritization.
Its customers include Defense, National Law Enforcement and Intelligence Agencies, Top US and European Banks, Critical Infrastructure, and Global 1000 organizations.
NetWitness has offices in the U.S. and the U.K. and partners throughout North and South America, Europe, the Middle East, and Asia.