Innovative edge security firm, NetFoundry, has recently announced a substantial $12 million investment led by SYN Ventures. This investment aims to revolutionize secure networking through a software-based, secure-by-design approach.
NetFoundry boasts an impressive clientele, serving eight of the top 10 US banks and critical infrastructure across multiple continents. The company offers military-grade security coupled with simplified operations, setting itself apart in the industry. By introducing a “network-as-code” methodology, NetFoundry eliminates traditional WAN/SASE/firewall dependencies, allowing for swift deployment and robust security measures for enterprises.
According to Galeal Zino, the founder and CEO of NetFoundry, this marks a pivotal moment in secure networking akin to the revolutionary impact of the iPhone. Zino emphasizes the company’s ability to provide military-grade security at the speed and adaptability of software, highlighting the obsoletion of traditional WAN/SASE/firewall architecture in an AI-driven world.
Leading tech giants like Microsoft, IBM, Oracle, and even the US military have incorporated NetFoundry’s zero trust networking into their products through an OEM model. The platform caters to various industries such as financial services, military operations, and industrial automation, offering end-to-end encryption and sovereign endpoint keys.
NetFoundry is also renowned for developing OpenZiti, a popular open-source zero trust software that ensures secure connectivity across networks.
This recent investment solidifies NetFoundry’s position as a frontrunner in secure networking, responding to the escalating demand for infrastructure-independent, secure solutions in the era of artificial intelligence.
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edge networking | edge security | funding | NetFoundry | SYN Ventures | Zero Trust
