# Tempered Networks

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

- Industry: IT Security/Cybersecurity
- Headquarters: Lynnwood, US
- Website: www.temperednetworks.com
- Total disclosed funding: $39M
- Latest round: Series B (Apr 23, 2019)
- Investors on record: 5

## About

Tempered Networks, Inc. is a cybersecurity firm based in the US that focuses on safeguarding critical infrastructure through its innovative zero trust solutions, including its flagship product, Airwall.Founded in 2012 in Lynnwood, US, Tempered Networks, Inc. provides advanced cybersecurity solutions that enable secure communication between devices. The company completed a Series B funding round in June 2022, raising USD 6.97 mn and bringing its total amount raised to USD 6.97 mn. Jeff Hussey, the CEO and founder, has a history of leadership in technology companies, positioning Tempered as a key player in the cybersecurity landscape.Tempered specializes in advanced cybersecurity solutions, primarily through its flagship product, Airwall. Airwall safeguards critical infrastructure by enabling secure, encrypted peer-to-peer communication between authorized devices, regardless of their location, following zero trust principles. The company serves diverse sectors, including healthcare and transportation, and addresses significant use cases such as micro-segmentation and secure remote access, catering to clients across North America, Europe, and Asia-Pacific.Tempered generates revenue primarily through subscription-based models for its Airwall product and related services. Clients engage in B2B transactions, purchasing subscriptions that offer varying functionalities tailored to their needs. Revenue is further enhanced through partnerships with other cybersecurity providers and technology integrators, providing ongoing support and updates that reinforce the value of long-term cybersecurity solutions.In June 2022, Johnson Controls, Inc. acquired Tempered Networks, Inc. to enhance its platform security by integrating Tempered's zero trust cybersecurity technology. The funding from the recent Series B round will support the development of additional features for Airwall and the expansion into new markets, specifically targeting Europe and Asia by late 2023.

## Funding rounds

- Series B, Apr 23, 2019, $7M — Ignition Partners, IDG Capital, Ridge Ventures, Rally Capital, Fluid Capital
- Series B, Dec 9, 2017, $7M — Ignition Partners, Ridge Ventures, Rally Capital, Fluid Capital
- Series B, Aug 22, 2016, $10M — Ignition Partners, Ridge Ventures, Rally Capital
- Series A, Mar 3, 2015, $15M — Ignition Partners, Ridge Ventures

## Investors

- Ignition Partners (https://capitalatlas.ai/funds/ignition-partners) — Series A, Series B
- Ridge Ventures (https://capitalatlas.ai/funds/ridge-ventures) — Series A, Series B
- Rally Capital (https://capitalatlas.ai/funds/rally-capital) — Series B
- Fluid Capital — Series B
- IDG Capital (https://capitalatlas.ai/funds/idg-capital) — Series B