# NetAbstraction

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

- Industry: Software
- Headquarters: Chantilly, US
- Website: www.netabstraction.com
- Total disclosed funding: $9M
- Latest round: Series A (May 19, 2021)
- Investors on record: 1

## About

NetAbstraction, Inc. is a cybersecurity firm specializing in advanced network security solutions, providing businesses with robust protection against cyber threats through innovative VPN services and anonymization technologies.Founded in 2012 and headquartered in Chantilly, US, NetAbstraction, Inc. focuses on delivering network security solutions. The company successfully raised USD 9.00 mn in Series A funding on May 19, 2021, led by AllegisCyber Capital, bringing its total funding to USD 9.00 mn. Barbara Hunt is the founder of the company, while Gordon Lawson serves as the CEO.NetAbstraction specializes in providing advanced network security solutions designed to protect organizations from cyber threats while enhancing their operational efficiency. The company's core offerings include innovative virtual private networking (VPN) services and anonymization technologies, which effectively safeguard sensitive data from potential breaches. These products primarily target businesses in sectors such as finance, healthcare, and technology, where data privacy and security are paramount. Their services cater to a diverse customer base in North America and Europe, including both small enterprises and larger corporations with significant data governance needs, with end users typically being IT departments and cybersecurity professionals.NetAbstraction's revenue model is structured around subscription-based services that allow businesses to access their suite of network security products. This B2B transaction framework ensures clients can scale their usage based on specific needs, offering flexibility in engagement. Revenue is generated through multi-tiered subscription plans designed for both individual users and enterprise-level packages, often bundled with customer support and maintenance services, ensuring a stable revenue stream as clients navigate the complex landscape of cybersecurity.Following the Series A funding raised in May 2021, NetAbstraction plans to utilize the funding to expand its business reach. The company is focused on developing new products and enhancing its existing offerings to better serve its clients. Additionally, it aims to target expansion into new geographic regions, although specific markets have yet to be disclosed. This strategic growth will allow NetAbstraction to strengthen its position in the network security sector.

## Funding rounds

- Series A, May 19, 2021, $9M — AllegisCyber Capital

## Investors

- AllegisCyber Capital (https://capitalatlas.ai/funds/allegiscyber-capital) — Series A