Press release

Edgewise Networks Raises $11 Million in New Financing Led By .406 Ventures and Accomplice

Sponsored by Businesswire

, the industry’s first microsegmentation platform based on
software identity, today announced $11 million in new funding led by
existing investors .406 Ventures and Accomplice, with additional
participation from Pillar. Edgewise will use the funds to meet growing
customer demand for its industry-first approach to deploying zero trust
using automated, one-click microsegmentation. Edgewise has raised $18
million to date.

Edgewise solves one of the most difficult problems in cybersecurity
today: reduction of the network attack surface in cloud and data center
environments. Traditional solutions require a complex and expensive
process that can take months, or even more than a year to complete.
Edgewise automatically protects application workloads in seconds, adding
provable security to hybrid cloud environments.

The Edgewise solution uses machine learning and advanced analytics to
enable the rapid discovery of application communication topology and
attack pathways. This real-time visibility allows security teams to
microsegment environments with a single click. Policies are enforced no
matter where the application resides — on premises, in the cloud, or in
a container — and remain in effect even as the underlying network

“Our innovative, patented approach makes microsegmentation — one of the
hardest problems in cybersecurity — incredibly simple to implement,”
said Peter Smith, co-founder and chief executive officer at Edgewise
Networks. “With Edgewise, companies can operate their applications in
hybrid cloud and container environments with peace of mind, knowing that
they are protected. This strong support from our investors will enable
us to expand to meet the demand for automated microsegmentation.”

Supporting Quotes:

“Perimeter defenses are important, but will not be enough,” said Ed
Amoroso, founder and CEO of TAG Cyber. “The enterprise needs to harden
the interior through the creation of a zero trust environment that stops
malicious lateral communication. Edgewise’s platform simplifies this
process, enabling enterprises to eliminate superfluous pathways and
microsegment the remaining ones in seconds with ease and confidence,
leaving malware that manages to bypass perimeter defenses with no place
to go.”

Maria Cirino, co-founder and managing partner at .406 Ventures, added,
“Edgewise has managed to take an extremely complex problem and solve it
in a simple, yet extraordinarily powerful way. Edgewise is highly
differentiated, incredibly simple and one of the most effective and
innovative approaches to advanced network security I’ve seen in a long

Jeff Fagnan, founding partner at Accomplice, said, “Edgewise has
automated the process of microsegmenting a network with such an elegant,
simple solution, that it’s as easy as a single click, and it’s done in a
matter of seconds. I cannot overstate how astonishing this is. It’s what
excited us in the beginning and continues to excite us today.”

About Edgewise Networks
Edgewise’s Zero Trust
Auto-Segmentation delivers impossibly simple microsegmentation in one
click. Driven by machine learning, Edgewise automatically builds
policies that protect any application in any cloud, without any changes
to your network. We provide measurable improvement by quantifying attack
path risk reduction and verifying software identity before it
communicates — to stop application compromise and data breaches. Gartner
has recognized Edgewise as a 2018
Cool Vendor
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