# Portnox

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

- Industry: Software
- Headquarters: Austin, US
- Website: www.portnox.com
- Total disclosed funding: $60M
- Latest round: Series B (Apr 8, 2025)
- Investors on record: 2

## About

Based in California, US, and founded in 2007, by Ofer Amitai, Access Layers Ltd., dba Portnox Security, LLC, Protnox operate as a software a service provider that offer next-generation network access control and management solutions that enable organizations to reduce risk and enforce security policy compliance. In January 2022, Access Layers raised USD 22 million in a Series A funding led by Elsewhere Partners.

The company product line includes ZTNA (Zero Trust Network Access), RADIUS, and TACACS+, which eliminates the need for an on-premises footprint to enforce and maintain security policies. Protnox provides automated security, visibility, and control for every device accessing the network, including the Internet of Things (IoT), BYOD, mobile and unmanaged systems. The company serves different sectors of the markets, such as aerospace and defense, construction & engineering, manufacturing, oil, gas and chemicals, accounting, banking and financial services, technology, healthcare, and more.

The company generates revenue through its software packages Network Authentication Radius (USD 2.80 per user per device), ZTNA (USD 7 per user per device) with a minimum subscription requirement of USD 1,000 per month, and Network Device Administration TACACS+ range from USD 200 per admin per month to USD 280 per admin per month.

## Funding rounds

- Series B, Apr 8, 2025, $38M — Updata Partners
- Series A, Jan 27, 2022, $22M — Elsewhere Partners

## Investors

- Elsewhere Partners (https://capitalatlas.ai/funds/elsewhere-partners) — Series A
- Updata Partners (https://capitalatlas.ai/funds/updata-partners) — Series B