Aporeto Raises $20M in Series B Funding

aporetoAporeto, a San Jose, Calif.-based Identity-Powered Security platform, raised $20M in Series B funding.

The round was led by Comcast Ventures with participation from Wing VC, Norwest Venture Partners, National Grid Partners (NGP) and Telia Ventures, the venture investment arm of Telia Company, the New Generation Telco headquartered in Stockholm, Sweden. In conjunction with the funding, David Zilberman, managing director of Comcast Ventures, will join the Aporeto board of directors.

The company intends to use the funds to expand adoption of its solution.

Led by Jason Schmitt, CEO, Aporeto provides an identity-based segmentation solution for cloud applications, containers, and microservices, enabling distributed Zero Trust security for apps, networks and users. The platform protects cloud applications and networks from attack and prevents lateral movement by authenticating, authorizing and encrypting all communications with a cryptographically signed identity assigned to every workload.



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