Corelight raises $75M in a Series D round led by Energy Impact Partners
SaaS News - {Corelight secures $75M Series D to bolster its network defense offering 1} (source: SaaS Industry)
At a Glance

Corelight, an open network detection and response (NDR) platform, has raised $75M in a Series D round from Energy Impact Partners (EIP). With the latest round of funding, Corelight will be able to expand its global market presence and develop new data and cloud services.

Corelight, the first open network detection and response (NDR) platform provider, has announced that it has raised $75 million in a Series D led by Energy Impact Partners (EIP). Other participants include Accel, General Catalyst, Insight Partners, Osage University Partners, HIG Growth Partners. Strategic investment from Capital One Ventures, CrowdStrike Falcon Fund, and Gaingels.

Corelight has received a total of $160 million to date, with this newest round allowing the company to expand its global market presence and develop additional data and cloud services.

“This latest investment is a powerful affirmation not only of the network detection and response category, but also of our open-source heritage, data-centric approach, and commitment to customer success. I am grateful for our investors’ partnership as we help organizations around the world move to a data-driven security strategy.”

Brian Dye, CEO of Corelight, said,

Corelight is the fastest-growing NDR platform, with customers including some of the world’s major financial institutions, retail and healthcare businesses, key infrastructure providers, and government agencies. Corelight supplies security teams with the world’s greatest network evidence, based on more than 20 years of open source development and community-driven insight, so they can finish investigations swiftly, even when crimes occurred years ago.

“Corelight’s strong NDR technology, rooted in open source, has had a significant impact across industries and is rapidly becoming the de-facto standard for sophisticated defenders. We look forward to supporting them as they expand their existing footprint within the sustainable energy, manufacturing, and other critical infrastructure sectors.”

Shawn Cherian, a partner at EIP, said,

Capital One Ventures is one of the strategic investors that invest in companies shaping the future of data, technology, and financial services, including cybersecurity firms.

“We root our decisions on which companies we invest in based on the impact we believe those companies will have on their customers. Partnering with Corelight in this round is a natural extension of the work we have been doing with open source NDR tools and the investments we have been making in strong cyber security solutions. We are thrilled to work with Corelight on new opportunities.”

Jay Emmanuel, a partner at Capital One Ventures,
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