Corelight, a provider of network visibility solution for cybersecurity, has closed $9.2 million in Series A funding from Accel Partners, a venture capital firm. The Series A round also saw participation of Osage University Partners and Riverbed Technology.
Commenting on the funding, Eric Wolford of Accel Partners, said, “We often invest in very widely-used open source projects. But it’s uncommon for them to have much enterprise market traction. And what’s highly unusual for a Series A company like Corelight is to have a shipping product built on battle-hardened open source software and dozens of paying customers including six of the Fortune 100, plus one of the largest private companies in the US. I’ve never seen that before.”
The funding will be used invest in sales, marketing, and engineering, as well as to boost the company’s growth plans. Founded by Dr. Vern Paxson, Robin Sommer, and Seth Hall, Corelight delivers network visibility solutions on an open source framework called Bro.
Its product, Corelight Sensor, has often been dubbed as a ‘flight data recorder’ due to its capability to go back in time to understand and analyze cyber-attacks. Corelight Sensor has also been efficiently deployed to prevent network attacks from all major threat vectors.
“We help our customers solve cybersecurity problems faster than they can today, often decreasing the time to resolve incidents from hours and days down to minutes. This new investment will accelerate our progress,” said Greg Bell, CEO of Corelight. “We’re busy working on a series of new features customers are asking for so they can focus effort away from sensor management and towards higher-value activities like data analysis, threat hunting and incident response.”