# Nevis Networks

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

- Industry: IT Security/Cybersecurity
- Headquarters: San Jose, US
- Website: www.nevisnetworks.com
- Total disclosed funding: $33M
- Latest round: Series B (Jul 18, 2005)
- Investors on record: 3

## About

Nevis Networks delivers advanced network security solutions for enterprises, focusing on safeguarding critical assets from evolving cyber threats through enhanced visibility and access control.Founded in 2002 and headquartered in San Jose, US, Nevis Networks specializes in developing network security solutions for enterprises. The company has executed a total of 5 deals, with its latest funding round occurring on July 3, 2012, which was a Venture Debt round raising USD 1.62 mn. To date, Nevis Networks has raised a total of USD 12.50 mn in funding. Information on its founder is not available.Nevis Networks specializes in providing advanced network security solutions tailored for enterprises aiming to protect their critical assets from evolving cyber threats. Their core offerings focus on network visibility and access control, enabling organizations to monitor user activity and identify potential vulnerabilities within their infrastructure. The solutions are designed for a wide range of end users, including IT departments and security teams across various industries such as finance, healthcare, and retail. By deploying their technology, clients can effectively manage user access based on predefined security policies, ensuring that sensitive information remains secure. Nevis Networks markets its products primarily in North America, Europe, and selected regions in Asia-Pacific, addressing the needs of organizations facing complex regulatory environments and heightened security demands.The revenue model for Nevis Networks is structured around subscription-based services, where clients engage in annual or multi-year agreements for access to their security platform. This B2B arrangement allows businesses to leverage Nevis's technology to enhance their security posture while ensuring consistent support and updates. Flagship products, which may include proprietary tools for threat detection and response, are typically bundled into these subscription plans, offering varying levels of service based on the client's size and needs. Clients often experience transactions that involve upfront payments for the initial setup and ongoing fees for continued access to the platform, encompassing features such as user analytics and compliance reporting. This structured approach enables Nevis Networks to maintain a steady revenue stream while building long-term partnerships with its clients.In July 2012, Nevis Networks secured growth financing from Ncubate Capital Partners, which will likely support their strategy for future growth. The company is focusing on the design of upcoming products aimed at enhancing their security offerings, although specific release dates are not detailed. Furthermore, Nevis Networks plans to expand into new markets, particularly in regions of Asia-Pacific, by leveraging their existing technological capabilities to address increased security demands. The recent funding will be utilized to support these initiatives and enhance their product development efforts.

## Funding rounds

- Series B, Jul 18, 2005, $13M — New Enterprise Associates, BlueRun Ventures, NewPath Ventures
- Series B, May 12, 2004, $10M — BlueRun Ventures, NewPath Ventures
- Series A, Apr 1, 2003, $10M — NewPath Ventures

## Investors

- NewPath Ventures (https://capitalatlas.ai/funds/newpath-ventures) — Series A, Series B
- BlueRun Ventures (https://capitalatlas.ai/funds/bluerun-ventures) — Series B
- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Series B