# Corelight

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/corelight

- Industry: IT Security/Cybersecurity
- Headquarters: San Francisco, US
- Website: www.corelight.com
- Total disclosed funding: $309M
- Latest round: Series E (Apr 30, 2024)
- Investors on record: 10

## About

Corelight, Inc. is a cybersecurity company based in the US, specializing in advanced Network Detection and Response (NDR) solutions to help organizations detect and respond to cyber threats effectively.Founded in 2013, Corelight, Inc. is headquartered in San Francisco, US, and provides a platform for network threat detection and response. The company has undergone significant developments in its offerings, focusing on enhancing its capabilities powered by open-source tools. Corelight was established by Gregory Bell, Robin Sommer, and Seth Hall, who previously contributed to cybersecurity advancements. The company has successfully raised USD 150.00 mn in its most recent Series E funding round, led by Accel, with participation from Cisco Investments and CrowdStrike Holdings Inc., bringing its total amount raised to USD 150.00 mn and a current valuation of USD 907.50 mn.Corelight specializes in providing an open Network Detection and Response (NDR) platform that enables organizations to detect, analyze, and respond to cybersecurity threats. The core offerings include advanced threat detection through high-fidelity analytics, using open-source tools like Zeek and Suricata for network monitoring and intrusion detection. Additional capabilities such as static file analysis using YARA and forensics through Smart PCAP empower users to gain complete visibility and faster investigation capabilities into their network traffic. Corelight's solutions are designed for enterprises across various sectors, including cloud security, financial services, federal agencies, and educational institutions, primarily serving markets in North America, Europe, and the Asia-Pacific region.Corelight generates revenue through a subscription-based model, offering tiered pricing plans that provide clients with access to its comprehensive suite of cybersecurity tools. Transactions typically involve annual or multi-year contracts, allowing customers to integrate Corelight’s solutions into their existing security infrastructures. The company's flagship products, which include its Open NDR platform and associated analytics tools, are marketed primarily to business-to-business (B2B) clients, enabling organizations to enhance their security posture against advanced persistent threats (APTs) and other vulnerabilities. Revenue flows from direct sales to enterprises as well as partnerships with technology providers such as CrowdStrike and Microsoft, facilitating deployments in various environments, including cloud platforms like AWS, GCP, and Azure.In April 2024, Corelight, Inc. raised USD 150.00 mn in Series E funding, led by Accel, with participation from CrowdStrike Holdings Inc. and Cisco Investments. The company plans to utilize this funding to advance its AI-driven security innovations and to establish partnerships with various cybersecurity platforms. Corelight is focused on expanding its product offerings and aims to launch new features that enhance its NDR capabilities. Additionally, the company is targeting growth in new geographic regions to broaden its market reach and customer base.

## Funding rounds

- Series E, Apr 30, 2024, $150M — Accel, CrowdStrike Holdings Inc., Cisco Investments
- Series D, Sep 2, 2021, $75M — Accel, General Catalyst Partners, Insight Partners, OUP (Osage University Partners), H.I.G. Growth Partners, CrowdStrike Holdings Inc., Capital One Ventures, Energy Impact Partners, Gaingels
- Series C, Oct 17, 2019, $50M — Accel, Insight Partners
- Series B, Aug 21, 2018, $25M — General Catalyst Partners, OUP (Osage University Partners)
- Series A, Jul 18, 2017, $9.2M — Accel, OUP (Osage University Partners)

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Series A, Series C, Series D, Series E
- OUP (Osage University Partners) (https://capitalatlas.ai/funds/oup-osage-university-partners) — Series A, Series B, Series D
- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Series B, Series D
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series C, Series D
- H.I.G. Growth Partners (https://capitalatlas.ai/funds/h-i-g-growth-partners) — Series D
- CrowdStrike Holdings Inc. — Series D, Series E
- Capital One Ventures (https://capitalatlas.ai/funds/capital-one-ventures) — Series D
- Energy Impact Partners (https://capitalatlas.ai/funds/energy-impact-partners) — Series D
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series D
- Cisco Investments (https://capitalatlas.ai/funds/cisco-investments) — Series E