# Edgewise Networks

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/edgewise-networks

- Industry: IT Security/Cybersecurity
- Headquarters: Burlington, US
- Website: www.edgewise.net
- Total disclosed funding: $11M
- Latest round: Series A (Jun 11, 2019)
- Investors on record: 3

## About

Edgewise Networks Inc. develops cutting-edge cybersecurity solutions that safeguard organizations by utilizing advanced deep packet inspection and machine learning technologies to protect network communications and ensure compliance.Edgewise Networks Inc. was founded in 2016 and is headquartered in Burlington, US. The company specializes in cybersecurity software that protects enterprises from various threats. In May 2020, Edgewise was acquired by Zscaler, Inc., a portfolio company of Lightspeed Venture Partners and others, for undisclosed financial terms. The company has completed a total of 3 deals, with its latest round being a Series A investment raising USD 11.00 mn from investors including .406 Ventures, Accomplice, and Pillar Capital.Edgewise offers advanced cybersecurity solutions designed to protect organizations from modern threats through deep packet inspection and machine learning. Their offerings include a comprehensive platform that secures network communications and ensures compliance with industry regulations, addressing vulnerabilities in cloud applications and network infrastructure. The target clientele includes enterprises across finance, healthcare, and technology sectors, primarily in North America and Europe, focusing on IT departments and security professionals who need to safeguard sensitive data.Edgewise employs a subscription-based revenue model, allowing clients to access their cybersecurity services on a recurring basis. The pricing structure typically includes tiered subscription plans tailored to various organizational sizes and security requirements. Contracts generally vary in length, with many clients opting for annual agreements to maintain continuous protection. The company’s flagship services attract significant client interest, catering to the unique security challenges faced by businesses, and focusing on B2B transactions for robust security measures.Edgewise Networks plans to leverage recent funding to enhance its product offerings and expand into new markets. Following the acquisition by Zscaler, Inc. in May 2020, the company is expected to develop new products targeting specific vulnerabilities in cybersecurity, although release dates are not explicitly detailed. Furthermore, plans include expanding into additional geographic regions, particularly within North America and Europe, to broaden its customer base and address varying market needs.

## Funding rounds

- Series A, Jun 11, 2019, $11M — .406 Ventures, Pillar Capital, Accomplice

## Investors

- .406 Ventures (https://capitalatlas.ai/funds/406-ventures) — Series A
- Pillar Capital — Series A
- Accomplice (https://capitalatlas.ai/funds/accomplice) — Series A