NetFoundry has secured a $12 million investment, marking its first venture capital funding round, led by SYN Ventures.

SYN Ventures, the lead investor, focuses on innovative security companies and is backed by a team with extensive experience in cybersecurity.

CEO Galeal Zino described this funding as a pivotal moment for secure networking, likening it to an 'iPhone moment' due to its revolutionary approach.

NetFoundry provides solutions that enable enterprise IT and product providers to embed zero trust networking into their products using an OEM model.

The company specializes in embeddable zero-trust connectivity, securing workflows across networks without relying on traditional protections like VPNs and MPLS.

Businesses in sectors requiring strong security, particularly financial services, are early adopters of NetFoundry's network-as-code model, which enhances security and deployment speed.

Josh Schertzer, former CTO at Blackstone, noted that financial firms are integrating network-as-code with existing infrastructure to enhance security and agility.

Dan Burns from SYN Ventures highlighted that NetFoundry's software approach eliminates barriers to business agility and security, accelerating digital transformation efforts.

NetFoundry's technology ensures end-to-end encryption with sovereign keys, providing a secure alternative to SASE models that may compromise sensitive data.

The company's solutions are employed by leading Fortune 500 companies, major US banks, and critical infrastructure entities globally, including products from brands like IBM and Microsoft.

NetFoundry showcases successful implementations of its zero trust networking in diverse fields, including finance, military, and industrial automation.

NetFoundry's model replaces legacy WAN and SASE architectures with a software-based approach that ensures military-grade security while simplifying operations.