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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.
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Email ID
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Phone Number
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Key Metrics
Founded Year
2016
Location
Charlotte, United States
Stage
Series A
Total Funding
$15M in 1 round
Latest Funding Round
Investors
Ranked
Employee Count
84 as on Aug 31, 2026
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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
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NetFoundry's founders and board of directors

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The 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:

NetFoundry's employee count trend

NetFoundry has 84 employees as of Aug 26. Here is NetFoundry's employee count trend over the years:
Employee count trend for NetFoundry
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Fortinet
Fortinet
2000, Sunnyvale (United States), Acquired
Provider of cybersecurity solutions, services, and threat intelligence for enterprises
$39M
83/100
2nd
Logo for Zscaler
Zscaler
2007, San Jose (United States), Public
Provider of cloud-based security solutions for enterprise zero trust architecture
$148M
82/100
3rd
Logo for Netskope
Netskope
2012, Santa Clara (United States), Public
Cloud security platform for enterprises
$1.44B
79/100
4th
Logo for Check Point Software
Check Point Software
1993, San Carlos (United States), Public
Provider of cyber security solutions for networks, SASE, and cloud
-
78/100
5th
Logo for Cato Networks
Cato Networks
2015, Tel Aviv (Israel), Series G
Provider of converged network security solutions with threat prevention capabilities
$1.16B
75/100
6th
Logo for Aryaka
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
Logo for Gigamon
Gigamon
2004, Santa Clara (United States), Acquired
Provider of deep observability pipeline for hybrid cloud infrastructure management
$22.8M
71/100
8th
Logo for WatchGuard
WatchGuard
1996, Seattle (United States), Acquired
Provider of network, endpoint, identity, and data security solutions
-
68/100
9th
Logo for Zayo
Zayo
2007, Boulder (United States), Acquired
Provider of fiber transport and network connectivity and managed services
$825M
67/100
10th
Logo for Versa Networks
Versa Networks
2012, Cupertino (United States), Series D
Provider of secure access service edge (SASE) and SD-WAN solutions
$316M
64/100
26th
Logo for NetFoundry
NetFoundry
2016, Charlotte (United States), Series A
Enterprise secure access service edge as a convergence solutions provider
$15M
53/100
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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

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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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