About Portnox
Portnox is a company based in Herzliya (Israel) founded in 2009 by Nir Aran and Idan Kuperman.. Portnox has raised $59.5 million across 2 funding rounds from investors including Updata Partners and Elsewhere Partners. Portnox offers products and services including Portnox Cloud, Cloud-native RADIUS, and Cloud TACACS+. Portnox operates in a competitive market with competitors including Telos, Pacific Star Communications, Elisity, RedOwl and runZero, among others.
- Headquarter Herzliya, Israel
- Founders Nir Aran, Idan Kuperman
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Portnox Security Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$59.5 M (USD)
in 2 rounds
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Latest Funding Round
$37.5 M (USD), Series B
Apr 08, 2025
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Investors
Updata Partners
& 1 more
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Employee Count
Employee Count
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Products & Services of Portnox
Portnox offers a comprehensive portfolio of products and services, including Portnox Cloud, Cloud-native RADIUS, and Cloud TACACS+. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Cloud platform for zero trust security and access management
Service for passwordless network authentication and risk assessment
Tool for secure admin authentication and policy enforcement
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Funding Insights of Portnox
Portnox has successfully raised a total of $59.5M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $37.5 million completed in April 2025. 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 Total Funding
- Total Rounds 2
- Last Round Series B — $37.5M
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First Round
First Round
(27 Jan 2022)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2025 | Amount | Series B - Portnox | Valuation | Updata Partners | |
| Jan, 2022 | Amount | Series A - Portnox | Valuation | Elsewhere Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Portnox
Portnox has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Updata Partners and Elsewhere Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity investments are directed toward multiple sectors.
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Founded Year | Domain | Location | |
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Geography-agnostic investments are made in growth-stage business software firms.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Portnox
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Portnox
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Portnox Comparisons
Competitors of Portnox
Portnox operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Telos, Pacific Star Communications, Elisity, RedOwl and runZero, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based cybersecurity software and consulting services are offered.
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| domain | founded_year | HQ Location |
Secure communications systems are provided to military and government sectors.
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| domain | founded_year | HQ Location |
Network access control solutions are provided for enterprise security.
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| domain | founded_year | HQ Location |
Offering network access control solutions
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| domain | founded_year | HQ Location |
Cloud-based platform for discovering and inventorying network assets is offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Portnox
Frequently Asked Questions about Portnox
When was Portnox founded?
Portnox was founded in 2009 and raised its 1st funding round 13 years after it was founded.
Where is Portnox located?
Portnox is headquartered in Herzliya, Israel. It is registered at Herzliya, Central District, Israel.
Who is the current CEO of Portnox?
Denny LeCompte is the current CEO of Portnox.
Is Portnox a funded company?
Portnox is a funded company, having raised a total of $59.5M across 2 funding rounds to date. The company's 1st funding round was a Series A of $22M, raised on Jan 27, 2022.
What does Portnox do?
Portnox was founded in 2009 in Herzliya, Israel, within the cybersecurity sector. Cloud-based solutions for network access control and endpoint risk profiling are offered, alongside an on-premise option called Portnox NAC. Continuous monitoring of endpoint risks is enabled, with risk scores assigned to devices to evaluate potential network threats. Real-time actions are taken based on these assessments, and the platform is tailored for managed service providers operating across various geographies.
Who are the top competitors of Portnox?
Portnox's top competitors include Pacific Star Communications, Elisity and Telos.
What products or services does Portnox offer?
Portnox offers Portnox Cloud, Cloud-native RADIUS, and Cloud TACACS+.
Who are Portnox's investors?
Portnox has 2 investors. Key investors include Updata Partners, and Elsewhere Partners.