July 30, 2024 at 03:36AM
ZeroTier, a networking solutions provider, has secured $13.5 million in Series A funding, raising the total to around $16 million. The investment was led by Battery Ventures, with support from several other firms. The company, founded in 2011, offers virtual networking for secure connections and IoT deployments. This funding will support its expansion and product development.
Here are the key takeaways from the meeting notes:
– ZeroTier, a networking solutions provider, has raised $13.5 million in a Series A funding round, bringing the total raised by the company to approximately $16 million.
– The investment round was led by Battery Ventures, with support from other venture firms.
– Founded in 2011 and based in Irvine, CA, ZeroTier offers virtual networking for organizations to securely connect devices to a single network they can provision and control.
– Their vendor-agnostic solution is optimized for IoT deployments and enables a two-way connection to bring devices together as if they were on the same network.
– ZeroTier’s solution is used by organizations in various industries and supports over three million connected devices across 230 countries and territories.
– The new investment will be used to fuel innovation, product development, and expansion into additional markets.
Please let me know if you need any further information or details on the meeting notes.