Veego - About the company
Veego is a series A company based in Ramat Gan (Israel), founded in 2018 by Amir Kotler. It operates as a Provider of AI-based network security solutions for IoT applications. Veego has raised $18M in funding from investors like State of Mind Ventures, North First Ventures and Magenta Venture Partners. The company has 824 active competitors, including 70 funded and 81 that have exited. Its top competitors include companies like Cisco, Rapid7 and Imperva.
Company Details
Provider of AI-based network security solutions for IoT applications. It offers a security platform that automatically identifies, understands and resolves malfunctions in edge devices and gateways in the IoT ecosystem. It can be deployed on smart-home hubs, routers, and end-devices, for employing AI and machine learning algorithms to detect malfunctions, analyze their root cause, and fix them autonomously even before their impact is felt. The company claims that its recording and analysis capabilities collect immense volumes of crucial performance information about the broad device ecosystem and the applications within it, perpetually analyzing anomalies and assessing their cause.
- Website
- veego.io
Key Metrics
Founded Year
2018
Location
Ramat Gan, Israel
Stage
Series A
Total Funding
$18M in 2 rounds
Latest Funding Round
Investors
Ranked
61st among 824 active competitors
Employee Count
29 as on Sep 30, 2026
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Veego's funding and investors
Veego has raised a total funding of $18M over 2 rounds. Its first funding round was on May 21, 2019. Its latest funding round was a Series A round on Aug 24, 2021 for $*****. 5 investors participated in its latest round. Veego has 5 institutional investors.
Here is the list of recent funding rounds of Veego:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 24, 2021 | 9377887 | Series A | 7602229 | 2119566 | 7786524 | 8933765 |
May 21, 2019 | 9489705 | Seed | 9513315 | 3445552 | 7653860 |
View details of Veego's funding rounds and investors
Veego's founders and board of directors
Founder? Claim ProfileThe founders of Veego is Amir Kotler.
Here are the details of Veego's key team members:
- Amir Kotler: Co-Founder & CEO of Veego. Contact Info: 1 email address
View details of Veego's Founder profiles and Board Members
Veego's employee count trend
Veego has 29 employees as of Sep 26. Here is Veego's employee count trend over the years:
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Veego's Competitors and alternates
Top competitors of Veego include Cisco, Rapid7 and Imperva. Here is the list of Top 10 competitors of Veego, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Cisco 1984, San Jose (United States), Public | Provider of AI infrastructure, secure networking, and software solutions | $2.5M | 83/100 | |
2nd | Rapid7 2000, Boston (United States), Public | Provider of cybersecurity solutions for exposure management, threat intelligence, and response | $92.3M | 77/100 | |
3rd | Imperva 2002, Redwood City (United States), Acquired | Provider of application and data security solutions for threat protection | $54M | 77/100 | |
4th | Bitdefender 2001, Bucharest (Romania), Series B | Provider of cybersecurity software, threat intelligence, and managed security services | $7M | 73/100 | |
5th | Barracuda 2003, Campbell (United States), Acquired | Cloud based network firewall solution for enterprise web and email | $176M | 73/100 | |
6th | Quest Software 1987, Aliso Viejo (United States), Acquired | Provider of data management, cybersecurity, and platform modernization solutions for enterprises | $11.5M | 72/100 | |
7th | Coro Cybersecurity 2014, Chicago (United States), Series D | Threat detection and prevention solution over wifi and cellular networks | $275M | 72/100 | |
8th | NetScout 1985, Westford (United States), Public | Provider of network performance, observability, cybersecurity, and DDoS solutions | $6M | 71/100 | |
9th | Dell Technologies 1998, Round Rock (United States), Funding Raised | Provider of a suite of cyber security solutions | - | 70/100 | |
10th | Sophos 1985, Abingdon (United Kingdom), Acquired | Provider of enterprise security suite for network and endpoint security | $4.61M | 70/100 | |
61st | Provider of AI-based network security solutions for IoT applications | $18M | 44/100 |
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Veego's Investments and acquisitions
Veego has made no investments or acquisitions yet.
Reports related to Veego
Here is the latest report on Veego's sector:
News related to Veego
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Veego Alerts ISPs and Their Subscribers of Facebook Outage, Revealing Root Cause of Service InterruptionMarTech Series•Oct 07, 2021•Veego
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Veego Enables Service Providers with Self-Care App for Enhanced Internet ConnectivityTelecomDrive•Sep 20, 2021•Veego
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Veego raises $13mn Series A funding to provide CSPs with actionable connected home insightsIoT Now•Aug 26, 2021•Veego, Magenta Venture Partners, State of Mind Ventures, Robert Bosch Venture Capital and 4 others
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Veego Unveils Veego 2.0 to Enable Context-Aware Visibility and Insights for ISPsTelecomDrive•Jul 24, 2020•Veego
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