About ShieldX Networks
ShieldX Networks is a Technology company based in San Jose (United States) founded in 2015 by Harry Singh, Manuel Nedbal, and Ratinder Ahuja, and was acquired by Fortinet in March 2021. Multi-cloud infrastructure security is enabled via software-defined platforms. ShieldX Networks has raised $25 million across 1 funding round from investors including Fortinet, Symantec and FireEye. Its chief executive, as recorded, is Ratinder Ahuja. The company was acqui-hired. Its focus areas include Enterprise Infrastructure, Cybersecurity, Cloud Security and Cloud Infrastructure Security. Its competitors include Cisco, Aviatrix and AppOmni; 3 of its 3 listed competitors have raised funding.
Company details
ShieldX Networks provides a software-defined cloud infrastructure security solution to the organizations. The product Apeiro is a microservices architecture-based platform for the multi-cloud security. Features include network-based deep packet inspection, high-volume lateral traffic visibility, support for adhering compliance, micro-segmentation assisted security, behavioral, reputation, anomaly signature-based threat detection prevention, application-aware for over 5k applications, URL classification filtering, and TLS decryption termination. As of Dec 2017, the supported cloud platforms include VMware vSphere, OpenStack Mitaka, AWS EC2, and Microsoft Azure. Named one of the cool vendors in the cloud security 2017 by the Gartner.
- Headquarters San Jose, United States
- Founders Harry Singh, Manuel Nedbal, Ratinder Ahuja
- Stage Acquired
- SectorsTechnology
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- Website shieldx.com
- Social LinkedIn X
- Acquired by Fortinet (Mar 2021)
Funding Insights of ShieldX Networks
ShieldX Networks has successfully raised a total of $25M through 1 strategic funding round. The most recent funding activity was a Series B round of $25 million completed in December 2017. 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 $25M
- Total Rounds 1
- Last Round Series B β $25M
- First Round $25M
(Dec 2017)
- Investors Count 6
All 1 funding rounds of ShieldX Networks with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2017 | $25M | Series B | β | Symantec, Bain Capital Ventures |
7 investors in total: 6 institutional and 1 angel.
Investors in ShieldX Networks
ShieldX Networks has secured backing from 7 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Fortinet, Symantec and FireEye.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund focused on investing in multiple sectors | baincapitalventures.com | Boston, United States | ||
Early-stage US tech investments are made by Aspect Ventures. | aspectventures.com | Palo Alto, United States | ||
Symantec is recognized for providing enterprise cloud cybersecurity solutions. | 1982 | symantec.com | Mountain View, United States | |
Provider of a platform offering a suite of cyber security solutions | 2004 | fireeye.com | Milpitas, United States | |
Public cloud and IT service solutions are provided. | 1983 | dimensiondata.com | Sandton, South Africa | |
Cloud security posture management solutions are provided by the platform. | 2000 | fortinet.com | Sunnyvale, United States | |
AA Ashar Aziz | Founder of FireEye, prominent angel investor in cybersecurity and tech startups. | unknown_f9b8c3fecd53456db |
Investor details for ShieldX Networks
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People of ShieldX Networks
700 people are tracked at ShieldX Networks (185 in leadership, 5 in board & advisors, 510 in team).
| Name | Role | Group |
|---|---|---|
Harry Singh | Co-Founder & President | Leadership |
Manuel Nedbal | Co-Founder & CTO | Leadership |
Ratinder Ahuja | Co-Founder & CEO | Leadership |
Lawrence T. | Director, Business Development & Strategic Solutions | Leadership |
Gabe Dahlstrom | Director Of Enterprise Sales, Major Accounts | Leadership |
John Stringer | Senior Director Of Product Management | Leadership |
John Whittle | COO | Leadership |
Ali Bidabadi | Vice President, Global Cloud Security Practice & Technical Cloud Alliances | Leadership |
Caroline Mar | HR Business Partner - R&d | Leadership |
Charles Kim | Director Of Product Management | Leadership |
Layard Terrero | Senior Director, Systems Engineering | Leadership |
Rashmi Deshpande | VP Quality Engineering | Leadership |
Pallavi Vishnoi | Senior Talent Acquisition Partner - India Saarc | Leadership |
Wei Lu | Director, Business Information System | Leadership |
Cory Hase | SE Director | Leadership |
Eun Cho | Director Of Technical And Reporting Accounting | Leadership |
Kevin Hopkins | Director, Systems Engineering | Leadership |
Yvonne T. | HR Business Partner | Leadership |
Leslie Jones | Sr. Director, Global Campaigns & Launches | Leadership |
Keith Choi | Director Product Management | Leadership |
680 more people are available in the full profile.
Complete people profiles for ShieldX Networks
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Timeline of ShieldX Networks
3 dated milestones of ShieldX Networks across 6 years, from founding to its latest funding, stage changes and deals.
- Founded ShieldX Networks is founded.
- Funding First funding round of $25.0M.
- Exit Acquired by Fortinet.
Competitors of ShieldX Networks
ShieldX Networks has 3 listed competitors in our database, 3 of them funded. They include Cisco, Aviatrix and AppOmni.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cisco.com | 1984 | San Jose, United States | $2.5M | 708 | AI and saas based cloud security solutions | |
| aviatrix.com | 2014 | Santa Clara, United States | $346M | 314 | Hybrid cloud integration software is developed for enterprise connectivity. | |
| appomni.com | 2018 | San Francisco, United States | $123M | 79 | Security solutions for cloud applications are scanned and monitored. |
Detailed competitors of ShieldX Networks
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Top companies in Big Data & Cloud Infrastructure
3 companies that operate in the same segment as ShieldX Networks (Big Data & Cloud Infrastructure) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based database-as-a-service platform is provided for application development. | 2007 | New York, New York, United States | USD 311.32 M | USD 2.46 B | 8,070 | |
Cybersecurity and zero trust solutions are delivered for secure networks. | 2007 | San Jose, California, United States | USD 148 M | USD 3.35 B | 9,616 |
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Related news about Shieldx Networks
Complete news archive for ShieldX Networks
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Frequently Asked Questions about ShieldX Networks
ShieldX Networks was founded in 2015 and raised its 1st funding round 2 years after it was founded.
ShieldX Networks is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
Ratinder Ahuja is the CEO of ShieldX Networks, as recorded in our data. They have also founded this company.
ShieldX Networks is a funded company, having raised a total of $25M across 1 funding round to date. The company's 1st funding round was a Series B of $25M, raised on Dec 2017.
ShieldX Networks provides a software-defined cloud infrastructure security solution to the organizations. The product Apeiro is a microservices architecture-based platform for the multi-cloud security. Features include network-based deep packet inspection, high-volume lateral traffic visibility, support for adhering compliance, micro-segmentation assisted security, behavioral, reputation, anomaly signature-based threat detection prevention, application-aware for over 5k applications, URL classification filtering, and TLS decryption termination. As of Dec 2017, the supported cloud platforms include VMware vSphere, OpenStack Mitaka, AWS EC2, and Microsoft Azure. Named one of the cool vendors in the cloud security 2017 by the Gartner.
ShieldX Networks has 7 investors. Key investors include Fortinet, Symantec, FireEye, Dimension Data, and Ashar Aziz.
Yes. ShieldX Networks was acquired by Fortinet in March 2021.

