NetFoundry - About the company
NetFoundry is a series A company based in Charlotte (United States), founded in 2016 by Galeal Zino, Michael Kochanik and Olaf Luetkehoelter. It operates as an Enterprise secure access service edge as a convergence solutions provider. NetFoundry has raised $15M in funding from SYN Ventures. The company has 578 active competitors, including 30 funded and 40 that have exited. Its top competitors include companies like Fortinet, Zscaler and Netskope.
Company Details
Enterprise secure access service edge as a convergence solutions provider. It offers SD-WAN solutions. It allows spin-up secure, performant, application-specific global networks at scale using web-based orchestration tools and APIs called AppWANs through a cloud-native global network control fabric. It offers AppWANs which is a service provider agnostic software-defined encrypted overlays capable of dynamically adjusting to meet performance requirements, that define how endpoints are permitted to access services across the Internet and existing private networks such as MPLS. It also offers features that include Least Privilege Access, application-level micro-segmentation, and multi-channel data encryption.
- Website
- netfoundry.io
- Email ID
- *****@netfoundry.io
- Phone Number
- +1 **********
Key Metrics
Founded Year
2016
Location
Charlotte, United States
Stage
Series A
Total Funding
$15M in 1 round
Latest Funding Round
Investors
Ranked
26th among 578 active competitors
Employee Count
84 as on Aug 31, 2026
Legal entities associated with NetFoundry
NetFoundry is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
NETFOUNDRY INC. CIN: 5539894 , United States, Active | Apr 24, 2019 | - | - | - |
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NetFoundry's funding and investors
NetFoundry has raised a total funding of $15M over 1 round. Its latest funding round was a Series A round on Apr 28, 2025 for $*****. 2 investors participated in its latest round. NetFoundry has 4 institutional investors.
Here is the list of recent funding rounds of NetFoundry:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 28, 2025 | 2884216 | Series A | 6247010 | 8746260 | 4371038 | 6228757 |
View details of NetFoundry's funding rounds and investors
NetFoundry's founders and board of directors
Founder? Claim ProfileThe founders of NetFoundry are Galeal Zino, Michael Kochanik and Olaf Luetkehoelter. Galeal Zino is the CEO of NetFoundry.
Here are the details of NetFoundry's key team members:
- Galeal Zino: Co-Founder & CEO of NetFoundry and founder of 1 other company. Contact Info: 2 email addresses
- Michael Kochanik: Co-Founder of NetFoundry. Contact Info: 1 email address
- Olaf Luetkehoelter: Former Co-Founder of NetFoundry.
View details of NetFoundry's Founder profiles and Board Members
NetFoundry's employee count trend
NetFoundry has 84 employees as of Aug 26. Here is NetFoundry's employee count trend over the years:
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NetFoundry's Competitors and alternates
Top competitors of NetFoundry include Fortinet, Zscaler and Netskope. Here is the list of Top 10 competitors of NetFoundry, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Fortinet 2000, Sunnyvale (United States), Acquired | Provider of cybersecurity solutions, services, and threat intelligence for enterprises | $39M | 83/100 | |
2nd | Zscaler 2007, San Jose (United States), Public | Provider of cloud-based security solutions for enterprise zero trust architecture | $148M | 82/100 | |
3rd | Netskope 2012, Santa Clara (United States), Public | Cloud security platform for enterprises | $1.44B | 79/100 | |
4th | Check Point Software 1993, San Carlos (United States), Public | Provider of cyber security solutions for networks, SASE, and cloud | - | 78/100 | |
5th | Cato Networks 2015, Tel Aviv (Israel), Series G | Provider of converged network security solutions with threat prevention capabilities | $1.16B | 75/100 | |
6th | Aryaka 2009, Santa Clara (United States), Series F | Provider of unified secure access service edge and software-defined wide area network | $192M | 72/100 | |
7th | Gigamon 2004, Santa Clara (United States), Acquired | Provider of deep observability pipeline for hybrid cloud infrastructure management | $22.8M | 71/100 | |
8th | WatchGuard 1996, Seattle (United States), Acquired | Provider of network, endpoint, identity, and data security solutions | - | 68/100 | |
9th | Zayo 2007, Boulder (United States), Acquired | Provider of fiber transport and network connectivity and managed services | $825M | 67/100 | |
10th | Versa Networks 2012, Cupertino (United States), Series D | Provider of secure access service edge (SASE) and SD-WAN solutions | $316M | 64/100 | |
26th | NetFoundry 2016, Charlotte (United States), Series A | Enterprise secure access service edge as a convergence solutions provider | $15M | 53/100 |
Looking for more details on NetFoundry's competitors? Click here to see the top ones
NetFoundry's Investments and acquisitions
NetFoundry has made no investments or acquisitions yet.
Reports related to NetFoundry
Here is the latest report on NetFoundry's sector:
News related to NetFoundry
Media has covered NetFoundry for a total of 2 events in the last 1 year, 1 of them has been about partnerships.
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NetFoundry Secures Cisco Investments as Strategic Investor in Series A RoundPR Newswire•Nov 24, 2025•Synaffix, NetFoundry, Cisco Investments, SYN Ventures
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Stellar Cyber & NetFoundry Partner for Zero Trust AI-driven SecOps & NetworkingBusiness Wire•Sep 15, 2025•Stellar Cyber, NetFoundry
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NetFoundry Secures $12 Million Investment to Revolutionize Secure NetworkingCIO Influence•Apr 29, 2025•NetFoundry
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Hot Cloud Tech Companies To Watch In 2022Forbes•Feb 01, 2022•Aryaka, Anjuna Security, Lacework, Infiot and 12 others
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SynSaber Announces Appointment of Michael Quigley as Chief ArchitectBusiness Wire•Oct 04, 2021•SynSaber, NetFoundry
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Dialog, NetFoundry to launch network-as-a-service in Sri LankaTelecompaper•Apr 08, 2021•Dialog Axiata, NetFoundry
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