Nozomi Networks

Nozomi Networks

Cybersecurity for operational technology and IoT

About

Nozomi Networks focuses on cybersecurity for operational technology (OT) and Internet of Things (IoT) systems, which manage physical devices like factory machinery and smart home devices. The company utilizes artificial intelligence (AI) to reduce alert volumes by up to 70%, allowing businesses to prioritize critical threats. They also provide actionable threat intelligence to help clients proactively defend against emerging cyber threats. Operating on a Software as a Service (SaaS) model, Nozomi Networks aims to ensure smooth operations for businesses by safeguarding their essential systems from cyber risks.

Company Stage

Series E

Employees

201-500

Industries

Enterprise Software, Cybersecurity, AI & Machine Learning

Total Funding

$245.6M

Headquarters

N/A

Founded

N/A


Simplify Jobs

Simplify's Take

What believers are saying

  • Securing €10 million from CDP Venture Capital and other investors in a $100 million Series E round highlights strong financial backing and growth potential.
  • Strategic partnerships with companies like DataVictus and Plantvision expand Nozomi's market reach and enhance its service offerings.
  • Winning contracts with high-profile clients like the Air Force underscores Nozomi's credibility and capability in protecting critical infrastructure.

What critics are saying

  • The complexity of integrating AI-driven insights and threat intelligence could pose challenges in maintaining system accuracy and reliability.
  • The competitive cybersecurity landscape, with major players like Palo Alto Networks and Fortinet, could pressure Nozomi to continuously innovate to maintain its market position.

What makes Nozomi Networks unique

  • Nozomi Networks leverages AI to reduce alert volume by up to 70%, allowing clients to focus on critical threats, unlike competitors who may overwhelm users with alerts.
  • The company's SaaS model ensures continuous data collection and analysis across global enterprises, providing a seamless and scalable solution.
  • Nozomi Networks' focus on OT and IoT systems, combined with actionable threat intelligence, sets it apart in the cybersecurity market.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

2%

2 year growth

-25%

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