Nexgate - About the company
Nexgate is an acquired company based in Burlingame (United States), founded in 2011 by Devin Redmond. It operates as a Social Media Brand Security & Compliance. Nexgate has raised $4.3M in funding from Sierra Ventures and Salesforce Ventures. The company has 1001 active competitors, including 227 funded and 181 that have exited. Its top competitors include companies like Simplex, Profitero and Sift.
Company Details
Protecting social infrastructure and ensuring compliance to prevent costly violations and audits for enterprise social media accounts. Provides a patent-pending, cloud-based solution that allows organization to centrally discover, audit, and protect its presence and accounts on the Social Web, solving the rising infrastructure brand protection and compliance challenges. Key Customers- NBC, Intel, McAfee, Pepsi, HP, British Gas and Barclays.
- Website
- nexgate.com
- Social
Key Metrics
Founded Year
2011
Location
Burlingame, United States
Stage
Acquired
Total Funding
$4.3M in 4 rounds
Latest Funding Round
Investors
Ranked
270th among 1001 active competitors
Employee Count
285 as on Mar 31, 2026
Exit Details
Acquired by Proofpoint (Oct 23, 2014)
Nexgate's acquisition details
Nexgate got acquired by Proofpoint on Oct 23, 2014 at an acquisition amount of $*****.
Click here to take a look at Nexgate's acquisition in detail
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Nexgate's funding and investors
Nexgate has raised a total funding of $4.3M over 4 rounds. Its first funding round was on Jul 01, 2011. Its latest funding round was a Series A round on Apr 09, 2013 for $*****. 3 investors participated in its latest round. Nexgate has 4 institutional investors.
Here is the list of recent funding rounds of Nexgate:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 09, 2013 | 8403977 | Series A | 9430938 | 8784955 | 5738794 | 1447063 |
Aug 20, 2012 | 3434090 | Seed | 4785767 | 8323202 | 5726931 | |
Sep 30, 2011 | 3804284 | Seed | 3639233 | 8759002 | 6410865 | 4071269 |
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Nexgate's founders and board of directors
Founder? Claim ProfileThe founders of Nexgate is Devin Redmond.
Here are the details of Nexgate's key team members:
- Devin Redmond: Former Co-Founder & CEO of Nexgate.
View details of Nexgate's Founder profiles and Board Members
Nexgate's employee count trend
Nexgate has 285 employees as of Mar 26. Here is Nexgate's employee count trend over the years:
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Nexgate's Competitors and alternates
Top competitors of Nexgate include Simplex, Profitero and Sift. Here is the list of Top 10 competitors of Nexgate, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | AI-based crypto payments and fraud prevention solutions for businesses | $19M | 73/100 | ||
2nd | Platform offering E- Commerce analytics solutions | $28.2M | 73/100 | ||
3rd |  Sift 1997, San Francisco (United States), Series D | Provider of an AI-powered platform for fraud detection and prevention | $162M | 70/100 | |
4th | Cloud based KYC and AML management software | $181M | 70/100 | ||
5th | NICE Actimize 1999, Hoboken (United States), Acquired | Provider of AI-driven anti-money laundering and fraud detection solutions | $24M | 70/100 | |
6th |  Kiteworks 1999, Palo Alto (United States), Series D | Provider of private data network for secure and compliant data exchange | $650M | 69/100 | |
7th |  EverC 2011, New York (United States), Acquired | AI-enabled transaction monitoring solutions for financial institutions | $48M | 69/100 | |
8th | Provider of digital solutions for KYC, document management, and digital signatures | $11.9M | 69/100 | ||
9th | Bottomline Technologies 1989, Portsmouth (United States), Acquired | Provider of business payments automation, connectivity, cash management, and fraud solutions | - | 69/100 | |
10th |  HYPR 2014, New York City (United States), Series D | Provider of passwordless multi-factor authentication, identity verification, and risk management | $131M | 69/100 | |
270th |  Nexgate 2011, Burlingame (United States), Acquired | Social Media Brand Security & Compliance | $4.3M | 37/100 |
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Nexgate's Investments and acquisitions
Nexgate has made no investments or acquisitions yet.
Reports related to Nexgate
Here is the latest report on Nexgate's geography:
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