NetFoundry Secures $12 Million Investment to Revolutionize Secure Networking with Military-Grade Technology
NetFoundry Announces $12 Million Funding to Revolutionize Secure Networking CHARLOTTE, N.C. -- (BUSINESS WIRE) -- NetFoundry, a pioneer in secure-by-design networking, has secured a $12 million investment. This marks the company's first venture capital funding and comes amidst significant success, as it currently serves eight of the top ten U.S. banks and critical infrastructure across three continents. NetFoundry stands out by integrating military-grade security directly into its networking solutions, eliminating the need for complex and often cumbersome additional security measures. Traditional approaches often rely on adding security features after the initial setup, which can lead to vulnerabilities and operational inefficiencies. NetFoundry, however, embeds security from the ground up, streamlining operations and reducing risks. One of the key challenges in network security is the reliance on existing infrastructure, which can be difficult to secure and upgrade. NetFoundry tackles this issue by offering a platform that replaces these dependencies with a more secure and flexible architecture. This approach not only enhances security but also simplifies network management, making it easier for organizations to adopt and maintain robust security protocols. The company’s innovative solutions have already garnered attention from leading financial institutions and critical infrastructure providers. By prioritizing security in the design phase, NetFoundry helps these entities avoid the pitfalls of reactive security measures and ensures their networks remain resilient against threats. The new funding will be used to expand NetFoundry’s team, accelerate product development, and scale its global presence to meet increasing demand. According to CEO Galeal Sbett, “This investment is a testament to our mission of delivering unparalleled, secure connectivity. We are excited to push the boundaries of what is possible in network security and continue to serve our growing list of high-profile clients.” As cyber threats become more sophisticated, the need for advanced and integrated security solutions is more pressing than ever. NetFoundry’s approach addresses this need head-on, providing a scalable and secure alternative to traditional networking methods. The company’s continued growth and innovation position it as a key player in the evolution of network security, promising a future where secure-by-design platforms are the norm rather than the exception. With this latest round of funding, NetFoundry is poised to make significant advancements in the field. The investment will enable the company to further refine its offerings, enhance its technology, and broaden its reach. As security becomes a non-negotiable aspect of digital operations, NetFoundry’s secure-by-design model is set to redefine how organizations protect their data and critical systems.
