Networking solutions provider ZeroTier on Monday announced raising $13.5 million in a Series A funding round that brings the total raised by the company to approximately $16 million.
The investment round was led by Battery Ventures, with additional support from 7percent Ventures, Airbridge Equity Partners, Anorak Ventures, Bonfire Ventures, First In Ventures, and Grand Enterprises B.V.
Founded in 2011, the Irvine, CA-based company provides virtual networking to organizations looking to securely connect devices to a single network they provision and control.
Optimized for IoT deployments, ZeroTier’s vendor-agnostic solution enables a two-way connection allowing organizations to bring all devices together as if they were on the same network.
ZeroTier complements existing networking solutions, ensuring security through end-to-end encryption, unique cryptographic IDs for device authorization, micro-segmentation, and a central dashboard for unified security monitoring.
According to the company, its software-defined network already supports over three million connected devices across over 230 countries and territories worldwide.
The solution is used by organizations in the aerospace, defense, IoT and industrial IoT, manufacturing, retail, technology, and telecommunications industries.
ZeroTier will use the new investment to fuel innovation and product development and to expand operations to additional markets.
“With Internet-connected devices outnumbering humans by a factor of three, the need for secure connectivity between devices is skyrocketing. ZeroTier lives at the crux of this market need, creating global private networks that easily connect devices directly to each other, no matter where they are in the world,” ZeroTier CEO Andrew Gault said.
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