# IronNet

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

- Industry: IT Security/Cybersecurity
- Headquarters: McLean, US
- Website: www.ironnet.com
- Total disclosed funding: $111M
- Latest round: Series B (May 2, 2018)
- Investors on record: 3

## About

IronNet, Inc. specializes in cybersecurity solutions that enhance collective defense against cyber threats through innovative technology and shared intelligence.Founded in 2014 in McLean, US, IronNet, Inc. operates in cybersecurity, focusing on the collective defense of organizations against cyber threats. The company was co-founded by George Lamont and Keith Alexander, who has a notable history in military cyber operations. As of September 2023, IronNet underwent a merger that raised USD 125.00 mn, with lead investors including Aston Capital and others. The total amount raised by IronNet is USD 25.00 mn, with a record of 7 deals completed since inception.IronNet's primary offerings include the Collective Defense Platform that uses Network Detection and Response (NDR) technology, behavioral analytics, and crowdsourced intelligence to thwart cyber threats. The IronRadar product provides actionable threat intelligence to help organizations defend against adversary attacks. IronNet serves diverse industries including healthcare, finance, and energy, focusing on improving security operations and intelligence sharing for SOC analysts and CISOs.In 2023, IronNet reported revenues of USD 27.26 mn, with an EBITDA of USD -105.38 mn. The company employs a subscription-based revenue model, fostering long-term partnerships with clients through multi-year agreements for their cybersecurity solutions.In September 2023, IronNet, Inc. discontinued its operations, indicating a significant shift in their growth strategy or business model. This decision likely reflects a response to market conditions or internal evaluations. Future plans may involve restructuring or alternative ventures, but specific upcoming products or expansions into new markets are not detailed following this discontinuation.

## Funding rounds

- Series B, May 2, 2018, $78M — Kleiner Perkins, C5 Capital, Forgepoint
- Series A, Oct 25, 2015, $33M — Kleiner Perkins, Forgepoint

## Investors

- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Series A, Series B
- Forgepoint (https://capitalatlas.ai/funds/forgepoint) — Series A, Series B
- C5 Capital (https://capitalatlas.ai/funds/c5-capital) — Series B