Highlights:

  • Established in 2019, Zero Networks is focused on addressing what the company identifies as one of the most intricate challenges in cybersecurity: averting lateral movement of attacks within an organization’s network to either exfiltrate data or initiate ransomware attacks.
  • Noteworthy features of Zero Networks Ltd. include the capacity to minimize the footprint of security tools through consolidating network solutions, streamlining security operations by reducing tactical activities, and implementing multifactor authentication across all areas, including challenging-to-reach assets like custom applications and legacy protocols.

Zero Networks Ltd., a cybersecurity startup, has disclosed the successful raising of USD 20 million in new funding, earmarked for recruiting development, marketing, and sales personnel.

Established in 2019, Zero Networks is focused on addressing what the company identifies as one of the most intricate challenges in cybersecurity: averting lateral movement of attacks within an organization’s network to either exfiltrate data or initiate ransomware attacks.

Zero Networks contends that current segmentation solutions crafted to tackle the issue are intricate, require significant labor, and lack comprehensive protection. In contrast, the startup provides a software-as-a-service solution that learns network traffic patterns and establishes security policies, limiting user and machine access to only essential assets. The platform implements multifactor authentication for accessing sensitive protocols, aiming to prevent hackers from moving laterally within an organization.

Noteworthy features include the capacity to minimize the footprint of security tools through consolidating network solutions, streamlining security operations by reducing tactical activities, and implementing multifactor authentication across all areas, including challenging-to-reach assets like custom applications and legacy protocols. Zero Networks also facilitates secure connections for remote employees and third parties to access the network, adhering to zero-trust principles while maximizing network performance.

The company asserts a diverse customer base across the U.S., Europe, and the Middle East, encompassing investment banks, retailers, manufacturing companies, hospitals, law enforcement agencies, telecom operators, and even a global container shipping company.

U.S. Venture Partners Inc. led the Series B round, with participation from Venrock Associates L.P, F2 Venture Capital LP, Pico Venture Partners LLC, and Dmitri Alperovitch, Co-founder and former Chief Technology Officer of CrowdStrike Holdings Inc.

Alperovitch commented, “There are only two really huge markets in cybersecurity. As co-founder of CrowdStrike, I am privileged to have played a part in disrupting one of them — endpoint security. Now, I’m excited to help Zero Networks revolutionize the other huge market that is ripe for disruption — network security.”

Zero Networks has raised USD 45 million to date, including the recently announced funding round.