NetRise

Austin, United States Founded: 2020 • Age: 6 yrs Acquired By Dragos
Cloud-based firmware security and IoT vulnerability assessments are provided.

About NetRise

NetRise is a Technology company based in Austin (United States) founded in 2020, and was acquired by Dragos in September 2026. Cloud-based firmware security and IoT vulnerability assessments are provided. NetRise has raised $24.8 million across 3 funding rounds from investors including Dragos, Accenture and DNX Ventures. NetRise offers products and services including NetRise Platform and NetRise ZeroLens. Its focus areas include Enterprise Infrastructure, Cybersecurity, IoT Security and Firmware Security. Its competitors include Forescout, Claroty and Xage Security; 3 of its 3 listed competitors have raised funding.

Company details

NetRise was founded in 2020 in Austin, United States, within the cybersecurity sector focused on IoT. A cloud platform is operated to deliver cyber risk and vulnerability assessments for firmware images. Devices on networks are examined and analyzed for embedded vulnerabilities, with insights generated into firmware-related security risks. Operations emphasize firmware analysis to support device security evaluations across connected ecosystems.

Key Metrics
  • Total Equity Funding
    $24.8M (USD)

    in 3 rounds

  • Latest Funding Round
    $10M (USD), Series A

    Dec 2024

  • Investors
    Dragos

    & 6 more

  • Acquired by
    Dragos

    & 1 more

    (Sep 2026)

Products & Services of NetRise

NetRise offers a comprehensive portfolio of products and services, including NetRise Platform and NetRise ZeroLens.

NetRise Platform
Security Analysis

Analyzes software components to create SBOMs and uncover risks.

NetRise ZeroLens
Vulnerability Detection

Identifies weaknesses in compiled software before exploitation.

Apps and channels of NetRise

its YouTube channel NetRise has 37 subscribers and 9 videos.

NetRise
YouTube 37 subscribers 9 videos Science & Technology
Open channel

Videos from NetRise

The most watched videos on NetRise's YouTube channel, NetRise (37 subscribers). Click a video to play it here.

NetRise Platform Demo: Scalability
471 views
NetRise for Automotive Software Supply Chain Security
377 views
NetRise at Black Hat USA 2023: Interview with CEO Thomas Pace
197 views
Leveraging SBOMs for ICS Security
146 views

More on NetRise.

Funding Insights of NetRise

NetRise has successfully raised a total of $24.8M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in December 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $24.8M
  • Total Rounds 3
  • Last Round Series A β€” $10M
  • First Round $6.8M

    (Nov 2021)

  • Investors Count 5

All 3 funding rounds of NetRise with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2024$10MSeries A–DNX Ventures
Apr 2023$8MSeries A–Squadra Ventures
Nov 2021$6.8MSeed–Miramar Digital Ventures
Valuation history

7 investors in total: 7 institutional.

Investors in NetRise

NetRise has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Dragos, Accenture and DNX Ventures.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Investments in B2B sectors are made by DNX Ventures.
dnx.vcSan Mateo, United States
Seed and early-stage US investments are targeted by the fund.
miramarvp.comNewport Beach, United States
Focus by Sorenson Capital is on software, healthcare, aerospace, energy.
sorensoncapital.comLehi, United States
squadra.vc
talonsventures.tcc.mode
IT and management consultancy services are provided globally.
1989accenture.comDublin, Ireland
Threat detection is offered for industrial cybersecurity ecosystems.
2016dragos.comHanover, United States
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Investor details for NetRise

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People of NetRise

8 people are tracked at NetRise (7 in leadership, 1 in team).

NameRoleGroup
Trevin M.
Strategic Account DirectorLeadership
Michael Scott
Co-founder & CTOLeadership
Thomas Pace
Co-founder & CEOLeadership
Ivan Pointer
Senior Director Of EngineeringLeadership
Derek McCarthy
Vp, Field EngineeringLeadership
Rick Beattie
Chief Revenue Officer (cro)Leadership
Anthony Feddersen
VP Of EngineeringLeadership
Erik C.
Enterprise Account ExecutiveTeam
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Timeline of NetRise

5 dated milestones of NetRise across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded NetRise is founded.
  2. Funding First funding round of $6.8M.
  3. Funding Latest funding round, Series A, of $10.0M.
  4. Exit Acquired by Accenture.
  5. Exit Acquired by Dragos.

Competitors of NetRise

NetRise has 3 listed competitors in our database, 3 of them funded. They include Forescout, Claroty and Xage Security.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
forescout.com2000San Jose, United States$120.28M
Provider of cyber security solutions for asset visibility and threat management
claroty.com2015New York, United States$732M
Industrial cybersecurity for IoT systems is delivered through cloud-based solutions.
xage.com2016Palo Alto, United States$72M44
Blockchain-based security platform for IoT applications is provided.
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Detailed competitors of NetRise

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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Verified entity values are shown only after access is granted.

Web traffic of NetRise

The website of NetRise (netrise.io) receives about 6.5K visits a month.

  • Monthly visits
    6.5K

    ▲ 25.4% vs previous month

Top companies in Industrial IoT & Smart Manufacturing

3 companies that operate in the same segment as NetRise (Industrial IoT & Smart Manufacturing) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
2015San Francisco, California, United StatesUSD 915 MUSD 1.62 B5,792
Cloud-based smart security cameras are manufactured for home use.
1999Provo, Utah, United StatesUSD 172 MUSD 341.04 M11,275
Cloud-based network infrastructure for IoT applications is provided.
2004Boise, Idaho, United StatesUSD 154.85 MUSD 8.52 M165
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Related news about Netrise

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Frequently Asked Questions about NetRise

NetRise was founded in 2020 and raised its 1st funding round 1 year after it was founded.

NetRise is headquartered in Austin, United States. It is registered at Austin, Texas, United States.

NetRise is a funded company, having raised a total of $24.8M across 3 funding rounds to date. The company's 1st funding round was a Seed of $6.8M, raised on Nov 2021.

NetRise was founded in 2020 in Austin, United States, within the cybersecurity sector focused on IoT. A cloud platform is operated to deliver cyber risk and vulnerability assessments for firmware images. Devices on networks are examined and analyzed for embedded vulnerabilities, with insights generated into firmware-related security risks. Operations emphasize firmware analysis to support device security evaluations across connected ecosystems.

NetRise's top competitors include Forescout, Xage Security and Claroty.

NetRise offers NetRise Platform and NetRise ZeroLens.

NetRise has 7 investors. Key investors include Dragos, Accenture, DNX Ventures, Miramar Digital Ventures, and Sorenson Capital.

Yes. NetRise was acquired by Accenture in June 2026.

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