Portnox Raises $37.5M to Zap On-Prem Footprints with Cloudy Security Magic
Portnox secures a $37.5M Series B funding round, boosting its total to $60M. Specializing in cloud-native network access control, Portnox helps organizations replace on-prem NAC with zero trust solutions. With nearly 1,000 customers, the Texas-Israel company unifies passwordless authentication and risk mitigation for seamless IT management.
Hot Take:
Portnox just scored a $37.5 million touchdown in the cybersecurity funding game, proving once again that when it comes to network security, there’s no place like cloud. Who needs on-premises when you have the sky (or at least the cloud) on your side?
Key Points:
- Portnox secures $37.5 million Series B funding, totaling $60 million in investment.
- The company specializes in cloud-native network access control platforms.
- Portnox Cloud combines passwordless authentication and zero trust access control.
- Targets mid-market and enterprise companies, boasting nearly 1,000 customers.
- Aims to replace traditional on-premises security systems with cloud solutions.
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