ZeroTier

ZeroTier

Creates software-defined networking solutions

About

ZeroTier creates software-defined networking solutions that enable users to establish secure, private networks over the internet without needing traditional hardware like routers and switches. This technology allows businesses and individuals to connect devices and systems securely, regardless of their physical locations. ZeroTier serves a variety of clients, from small businesses to large enterprises and tech enthusiasts, who require management of complex networks across multiple sites, including remote offices and cloud environments. The software is applicable for remote work, IoT device management, and secure communications. ZeroTier operates on a freemium model, offering a basic version for free while charging for advanced features and enterprise solutions, which can be tailored to meet the specific needs of larger organizations. The company's goal is to provide efficient and secure networking solutions that simplify connectivity for users.

Company Stage

Series A

Employees

11-50

Industries

Enterprise Software, Cybersecurity

Total Funding

$16.7M

Headquarters

N/A

Founded

2015


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Simplify's Take

What believers are saying

  • The recent hiring of Marc Patterson as COO could bring experienced leadership to drive operational efficiency and growth.
  • A successful $2 million funding round from Anorak Ventures and Bonfire Ventures indicates strong investor confidence and provides capital for further innovation.
  • ZeroTier's ability to offer customized enterprise solutions opens up significant revenue opportunities from large organizations.

What critics are saying

  • The competitive landscape in the SDN and cybersecurity market is intense, requiring continuous innovation to stay ahead.
  • Reliance on a freemium model may limit immediate revenue growth, especially if conversion rates to paid plans are low.

What makes ZeroTier unique

  • ZeroTier's software-defined networking solutions eliminate the need for traditional hardware, offering a more flexible and cost-effective alternative.
  • Their freemium model attracts a broad user base, from individual tech enthusiasts to large enterprises, providing scalability and accessibility.
  • ZeroTier's focus on secure, private networks over the internet addresses the growing demand for cybersecurity in remote work and IoT management.

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Growth & Insights
Headcount

6 month growth

12%

1 year growth

12%

2 year growth

38%

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