# Infiot

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

- Industry: Software
- Headquarters: San Jose, US
- Website: www.infiot.com
- Total disclosed funding: $15M
- Latest round: Series A (Oct 14, 2020)
- Investors on record: 4

## About

Infiot Inc. specializes in providing secure networking solutions, focusing on Secure SD-WAN technology that enhances security and optimizes cloud service experiences for enterprises.Founded in 2018 in San Jose, US, Infiot Inc. develops advanced secure networking solutions. The company was acquired by Netskope, Inc. on August 2, 2022, from a group of investors, including NeoTribe Ventures and Harpoon Ventures. The founders, Anupam Rai, Parag Thakore, and Sunil Mukundan, have extensive experience in the tech industry, with Parag Thakore currently serving as CEO. The acquisition aims to expand Netskope's capabilities in offering uniform security and quality of experience policies for hybrid work environments, leveraging Infiot's cutting-edge technology. The total amount raised by the company amounts to USD 15.00 mn, having successfully completed a Series A funding round led by Harpoon Ventures, Lightspeed Venture Partners, NeoTribe Ventures, and WestWave Capital.Infiot's key offering is its Secure SD-WAN solution, which is designed to improve security and enhance the user experience as organizations transition to cloud services. This platform employs a unified policy framework that accommodates diverse clients, such as remote users and IoT devices. The Secure SD-WAN incorporates context-aware policies, offering flexible deployment options including cloud gateways and on-premises solutions. Customers like IBM have experienced increased operational efficiency, demonstrating the platform's effectiveness in optimizing both performance and security across various deployment scenarios.Infiot generates revenue primarily through subscription models for its Secure SD-WAN and related services aimed at enterprise clients. The business model involves direct agreements with organizations that require secure networking solutions, with clients typically subscribing on an annual or multi-year basis. The service offerings are tiered based on the number of users, sites, and the level of security features provided, including prominent products such as the Secure SD-WAN.Infiot's recent acquisition by Netskope, Inc. positions it for future growth through the integration of its secure networking solutions into Netskope's existing framework. The company plans to introduce enhanced products that cater to the evolving needs of hybrid workforces. Furthermore, there are strategic initiatives aimed at expanding into new markets in North America, Europe, and Asia-Pacific by 2024. The USD 15.00 mn raised during the Series A funding round will support product development and market integration efforts, ensuring that Netskope's customers benefit from a comprehensive suite of secure networking solutions.

## Funding rounds

- Series A, Oct 14, 2020, $15M — Lightspeed Venture Partners, NeoTribe Ventures, WestWave Capital, Harpoon Ventures
- Seed, Jan 1, 2018 — NeoTribe Ventures

## Investors

- NeoTribe Ventures (https://capitalatlas.ai/funds/neotribe-ventures) — Seed, Series A
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series A
- WestWave Capital (https://capitalatlas.ai/funds/westwave-capital) — Series A
- Harpoon Ventures (https://capitalatlas.ai/funds/harpoon-ventures) — Series A