Cybersecurity startup Netography secures funding

Netography, a cybersecurity startup, has secured $45m in Series A funding, led by Bessemer Venture Partners and SYN Ventures.

Existing investors Andreessen Horowitz, Mango Capital, Harpoon Ventures and Wing Venture Capital also participated in the round.

The new capital will be applied toward new technology innovations and enhancements, channel expansion, and sales, according to Netography. Alongside the funding, the company said it has also bolstered its leadership team with the addition of two senior executives; Ben Holladay as chief revenue officer and Dan Ramaswami as vice president of Field Engineering.

Netography provides organisations with network detection and response capabilities for the atomised network – the complex, multi-cloud, plus on-premises, plus legacy infrastructure that comprise most enterprise networks today. Netography ingests network metadata from all these disparate systems and provides visibility and attack detection in a much simpler and easier to manage package than traditional network detection and response (NDR) solutions.

SYN Ventures managing partner Patrick Heim said, “Organisations desperately need simple, scalable, comprehensive, cloud-hosted security solutions that cover both physical and software-defined network infrastructure.

“Organisations have been struggling to retain visibility and control as the network evolves and slowly goes dark through the broad adoption of encryption. The Netography team has cracked the code on how to deliver next-gen network security capabilities that overcome these challenges.”

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