HomeUSANozomi Networks Raises $100M in Series E Funding

Nozomi Networks Raises $100M in Series E Funding

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Nozomi Networks

Nozomi Networks, a San Francisco, CA-based company which specializes in OT and IoT security, raised $100M in Series E funding.

The round saw participation from Mitsubishi Electric and Schneider Electric. Prior investors included Activate Capital, Energize Capital, Forward Investments, GGV Capital U.S., Honeywell Ventures, In-Q-Tel, Johnson Controls, Keysight Technologies, Lux Capital, Planven Investments SA, Samsung, Porsche Ventures, Telefónica Ventures, and Triangle Peak Partners.

The company intends to use the funds to scale product development efforts as well as its go-to-market approach globally.

Led by Edgard Capdevielle, President and CEO, Nozomi Networks protects the world’s critical infrastructure from cyber threats. Its platform combines network and endpoint visibility, threat detection, and AI-powered analysis for effective incident response. Customers use it to minimize risk and complexity while maximizing operational resilience

Commenting on the news, Edgard Capdevielle said: “This investment clearly underscores the need and support for OEM-agnostic security solutions in light of today’s escalating attacks against critical infrastructure around the world.

FinSMEs

14/03/2024