- Network Perception — a market-leading software solution for cyber compliance and network security in the electrical utility industry — announced a $2.73 million seed round of funding led by Serra Ventures
Network Perception — a market-leading software solution for cyber compliance and network security in the electrical utility industry — announced a $2.73 million seed round of funding led by Serra Ventures, Okapi Ventures, and Energy Foundry with additional support from Early Light Ventures, SaaS Ventures, Illinois Ventures, and Service Provider Capital. And this new funding will enable Network Perception to scale its activity in the electric utility sector and beyond in order to meet the demand for critical infrastructure industries throughout the U.S. and overseas.
The growing complexity of IT infrastructure is making the task of keeping a compliant network additionally challenging. As policies are changing, use cases are evolving and a variety of technologies can disrupt compliance requirements. And the Network Perception proprietary solution gives critical infrastructure industries confidence in their cyber-compliance as well as network security through a unique risk assessment and network visualization solution.
Jeff Bocan from Okapi Venture and Rob Schultz from Serra Ventures joined the NP Board of Directors.
Launched in 2014, Network Perception supplies critical infrastructure industries with a pioneering risk visualization technology empowering their cybersecurity and compliance teams. And built by a team of researchers along with other experts in network security and critical infrastructure protection, this technology allows for a holistic view of network compliance and security. The result is organizations having the ability to make informed determinations of configuration alignment as well as ensure best practices and regulatory standards are met.
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“We are thrilled to have the chance to back the Network Perceptions team. Our firm has a long history investing in cybersecurity technologies and we believe NP is delivering a crucial software solution to help protect the integrity, reliability and safety of our electrical grid from the persistent and emerging threats that put it at risk.”
— Jeff Bocan, Partner of Okapi Capital
“We are very excited to welcome Okapi as new investors. Having their financial and strategic support both validates the market opportunity for our business and fuels our momentum to grow as a company.”
— Robin Berthier, CEO and co-founder of Network Perception
