Tech Company Financing Transactions
NetRise Funding Round
NetRise, based in Austin, raised $8 million in funding from Squadra Ventures, DNX Ventures and Miramar Digital Ventures.
Transaction Overview
Company Name
Announced On
4/25/2023
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand its platform capabilities such as coverage for Windows systems and containers as well as development of additional machine learning models for advanced analysis.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
1806 Ferdinand Street Unit 1
Austin, TX 78702
USA
Austin, TX 78702
USA
Phone
Undisclosed
Website
Email Address
Overview
NetRise is shifting the paradigm when it comes to XIoT security. Traditional security solutions leave a massive, misunderstood gap, having no visibility into the firmware and underlying software components of these devices. NetRise was founded as a direct result of the many shortcomings currently in the device security market, specifically targeting the firmware of devices.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Thomas Pace
Chief Technical Officer
Michael Scott
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