Netrise

Overview
News
Next-gen Cybersecurity?
Product stageSegments
Go-to-Market
?
Industrial IoT/Operational technology security
?

NetRise is an automated cloud-based platform that examines and supervises the firmware of Extended Internet of Things (XIoT) devices to empower manufacturers of these devices and enterprise clients to identify, address, and proactively prevent security risks at every stage of their supply chains. The company’s platform provides continuous monitoring and analysis: devices are constantly assessed for the latest risks. The platform delivers holistic risk visibility, which combines analysis from multiple artifact types to generate a risk score. The company’s platform provides inventory management and search capabilities, enabling enterprises to analyze their device data and move from a responsive to a proactive approach. It also offers real-time risk tracking, where clients can constantly obtain an understanding of risks present in their devices. Additionally, it offers features such as compliance adherence and assistance with software bills of materials. NetRise detects, responds to, and prevents threats and vulnerabilities across enterprise, commercial, and consumer devices connected to the internet including Internet of Things (IoT) assets, industrial control systems, connected vehicles, medical devices, satellites, and telecom devices.

Key customers and partnerships

In April 2023, NetRise partnered with Qwiet AI, a company that uses AI to detect vulnerabilities in software code. Through the partnership, NetRise gained access to machine learning, which it would use to detect vulnerabilities, enrich context, and identify components, providing enhanced protection for business-critical assets.

NetRise serves companies in the following industries: device manufacturers, enterprise companies, healthcare, government, power and utilities, and consulting.

Funding and financials

In April 2023, the company raised USD 8 million in a funding round led by Squadra Ventures. The company planned to use the fresh funds to expand its platform capabilities such as coverage for Windows systems and containers as well as development of additional machine learning models for advanced analysis.

HQ location:
Austin,Texas,USA Austin,Texas,USA Austin TX USA
Founded year:
2020
Employees:
11-50
IPO status:
Private
Total funding:
USD 14.8 mn
Last Funding:
USD 8.0 mn (Series Unknown; Apr 2023)
Last valuation:
-
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