ZeroNorth Raises $10M in Series A+ Round Funding

zeronorth

ZeroNorth, a Boston, MA-based provider of risk-based vulnerability orchestration across applications and infrastructure, raised $10m in Series A+ funding.

The round was led by Crosslink Capital with participation from other existing investors ClearSky, Rally Ventures and Petrillo Capital. In conjunction with the deal, Matt Bigge, partner at Crosslink Capital, joined the ZeroNorth board of directors.

The company intends to use the funds to accelerate growth, and further expand key functions, including engineering, customer support and sales.

Led by John Worrall, CEO, John Worrall, CEO, Karen Higgins, CFO, John Steven, CTO, and Dave Howell, VP of marketing, ZeroNorth delivers risk-based vulnerability orchestration across applications and infrastructure. By orchestrating scanning tools throughout the entire software lifecycle, the company provides a comprehensive, continuous view of risk and reduces costs associated with managing disparate technologies to empower customers to scale application and infrastructure security, while integrating into developer environments to simplify and verify remediation.

In 2019, ZeroNorth increased annual recurring revenue by more than 300% while doubling its customer base.

FinSMEs

16/03/2020

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