Microsegmentation Firm Edgewise Networks Raises $11 Million

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Microsegmentation provider Edgewise Networks today announced that it has secured $11 million in new funding. The company has raised $18 million to date.

Founded in 2016, Edgewise is focused on protecting business applications through a zero-trust approach. The company provides a microsegmentation platform based on software identity, which aims at reducing the attack surface in cloud and data center environments. 

The company claims to automatically protect application workloads in seconds and plans to use the newly secured funds to meet growing customer demand for its microsegmentation platform. 

Leveraging both machine learning and advanced analytics, the company focuses on the rapid discovery of application communication topology and attack pathways, and allow security teams to microsegment environments with a single click. 

The platform enforces policies on all applications, regardless of whether they reside on premises, in the cloud, or in a container.

“With Edgewise, companies can operate their applications in hybrid cloud and container environments with peace of mind, knowing that they are protected. This strong support from our investors will enable us to expand to meet the demand for automated microsegmentation,” Peter Smith, co-founder and chief executive officer at Edgewise Networks, commented. 

The funding round was led by existing investors .406 Ventures and Accomplice, and also saw additional participation from Pillar.

Related Reading: The Truth About Micro-Segmentation: It’s Not About the Network

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Ionut Arghire is an international correspondent for SecurityWeek.

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