Corelight, a San Francisco, CA-based provider of open network detection and response (NDR) solutions, has secured $150 million in Series E funding.
Investors
The round was led by its initial investor, Accel, along with strategic investments from Cisco Investments and CrowdStrike Falcon Fund.
Founded in 1983, Accel is a seed and growth-stage venture capital firm supporting a global community of entrepreneurs. It prefers to invest in early-stage companies operating in various sectors including cloud, software as a service (SaaS), consumer, enterprise, information technology, healthcare, fintech, security, media, and business products & services. The firm has additional offices in San Francisco, London, and Bangalore.
Corelight Use of Funds
This investment will fuel its AI-driven security innovation, cloud-native capabilities, and partnerships with leading cybersecurity platforms to empower SOC analysts and incident response teams.
About Corelight
Founded in 2013, Corelight is an open-core security company that provides an open network detection and response platform. The company transforms network and cloud activity into evidence that security teams use to proactively hunt for threats, accelerate response to incidents, gain complete network visibility, and create powerful analytics. Based in San Francisco, California, its global customers include Fortune 500 companies, major government agencies, and large universities.
Funding Details
Company: Corelight, Inc.
Raised: $150.0M
Round: Series E
Funding Month: April 2024
Lead Investors: Accel
Additional Investors: Cisco Investments, CrowdStrike Falcon Fund
Company Website: https://corelight.com/
Software Category: Network Detection and Rresponse (NDR) Solution
Source: https://www.prnewswire.com/news-releases/corelight-secures-150-million-in-series-e-funding-led-by-accel-with-participation-from-cisco-investments-and-crowdstrike-302131421.html