New funding to accelerate growth in AI and
cloud security as Corelight helps customers find and
disrupt advanced attacks
SAN
FRANCISCO, April 30, 2024 /PRNewswire/ -- Corelight,
a leader in open network detection and response (NDR), today
announced it has raised $150 million
in Series E investment led by its first capital investor, Accel,
with additional strategic investment from Cisco
Investments and CrowdStrike Falcon Fund.
This funding will accelerate Corelight's AI-driven security
innovation, cloud-native security capabilities, and data fusion
partnerships with leading cybersecurity platforms to deliver
transformative capabilities for SOC analysts and incident response
teams.
Beyond these investments, Corelight is the NDR platform of
choice for the elite cybersecurity services teams at CrowdStrike,
Mandiant, and the Black Hat NOC at Black Hat events. Corelight's
technology and partnerships have propelled them to becoming the
industry's fastest-growing, scaled NDR platform, with over 40% YoY
ARR growth and 300% YoY growth in the company's AI and SaaS-driven
NDR solutions.
"Corelight uses the network to provide ground truth evidence of
adversarial movement, and the use case for that data is unbounded,"
said Brian Dye, CEO of Corelight.
"Customers and partners are broadly adopting Corelight to drive
advances in AI-driven security operations, cloud visibility and
detection, and next-generation SIEM platforms. We are excited to
collaborate with CrowdStrike, Cisco and Accel as we continue to
innovate and serve the needs of our mutual customers."
New investments underscore the power of Corelight's Open
NDR strategy
"What stood out about Corelight since the early days was its
unusually strong enterprise traction, battle-hardened, open-source
technology, and its delighted customers," said Arun Mathew, partner at Accel. "Corelight is
remarkably well positioned to modernize legacy technologies and
deepen technology partnerships with the most significant
cybersecurity organizations and platforms around the globe."
"Driving visibility across hybrid and multi-cloud environments
helps customers solve key security challenges and amplify the power
of their cybersecurity posture," said Janey
Hoe, vice president, Cisco Investments.
"Next-Gen SIEM will transform how security analysts detect,
investigate and respond to attacks," said Gur Talpaz, vice
president of corporate development at CrowdStrike and head of
Falcon Fund. "Third party data from Corelight's Open NDR Platform
adds valuable context to the rich telemetry of the Falcon platform.
We're excited to increase our investment in Corelight, extending
our partnership."
To learn more about Corelight's Open NDR Platform, please visit
https://corelight.com/solutions/why-open-ndr
About Corelight
Corelight transforms network and cloud activity into evidence
that security teams use to proactively hunt for threats, accelerate
response to incidents, gain complete network visibility and create
powerful analytics. Corelight's global customers include Fortune
500 companies, major government agencies, and large universities.
Based in San Francisco, Corelight
is an open-core security company founded by the creators of Zeek®,
the widely-used network security technology. For more information,
visit https://corelight.com or follow @corelight_inc.
Corelight is continuing to invest in hiring diverse talent across
all levels of the business around the globe. More information on
job openings can be found on the Corelight careers page.
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SOURCE Corelight, Inc.