Israeli Cybersecurity Startup Zero Networks Raises $20M in Series B Funding

Zero Networks Ltd., an Israeli cybersecurity startup, secures $20 million in fresh funding to expand its team for development, marketing, and sales. Established in 2019, the company addresses cybersecurity challenges by focusing on preventing lateral movement of attacks within an organization's network, offering a software-as-a-service solution that analyzes network traffic, establishes security rules, and uses multifactor authentication for enhanced protection.

The startup's platform simplifies security operations, reduces security tool footprints, and enables businesses to securely connect remote workers and external parties to their network, following zero trust principles. U.S. Venture Partners Inc. leads the Series B financing, with participation from Dmitri Alperovitch, co-founder of CrowdStrike, Venrock Associates L.P., F2 Venture Capital LP, and Pico Venture Partners LLC.

Zero Networks serves clients in the U.S., Europe, and the Middle East, including financial banks, merchants, manufacturing firms, hospitals, law enforcement, telcos, and multinational shipping companies. The latest funding round brings Zero Networks' total raised capital to $45 million.