ShieldX Networks

San Jose, United States Founded: 2015 • Age: 11 yrs Acquired By Fortinet
Multi-cloud infrastructure security is enabled via software-defined platforms.

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
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website shieldx.com
  • Social LinkedIn X
  • Acquired by Fortinet (Mar 2021)
Key Metrics
  • Total Equity Funding
    $25M (USD)

    in 1 rounds

  • Latest Funding Round
    $25M (USD), Series B

    Dec 2017

  • Investors
    Fortinet

    & 6 more

  • 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.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2017$25MSeries B–Symantec, Bain Capital Ventures
Valuation history

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.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital fund focused on investing in multiple sectors
baincapitalventures.comBoston, United States
Early-stage US tech investments are made by Aspect Ventures.
aspectventures.comPalo Alto, United States
Symantec is recognized for providing enterprise cloud cybersecurity solutions.
1982symantec.comMountain View, United States
Provider of a platform offering a suite of cyber security solutions
2004fireeye.comMilpitas, United States
Public cloud and IT service solutions are provided.
1983dimensiondata.comSandton, South Africa
Cloud security posture management solutions are provided by the platform.
2000fortinet.comSunnyvale, United States

Ashar Aziz

Founder of FireEye, prominent angel investor in cybersecurity and tech startups.
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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).

NameRoleGroup
Harry Singh
Co-Founder & PresidentLeadership
Manuel Nedbal
Co-Founder & CTOLeadership
Ratinder Ahuja
Co-Founder & CEOLeadership
Lawrence T.
Director, Business Development & Strategic SolutionsLeadership
Gabe Dahlstrom
Director Of Enterprise Sales, Major AccountsLeadership
John Stringer
Senior Director Of Product ManagementLeadership
John Whittle
COOLeadership
Ali Bidabadi
Vice President, Global Cloud Security Practice & Technical Cloud AlliancesLeadership
Caroline Mar
HR Business Partner - R&dLeadership
Charles Kim
Director Of Product ManagementLeadership
Layard Terrero
Senior Director, Systems EngineeringLeadership
Rashmi Deshpande
VP Quality EngineeringLeadership
Pallavi Vishnoi
Senior Talent Acquisition Partner - India SaarcLeadership
Wei Lu
Director, Business Information SystemLeadership
Cory Hase
SE DirectorLeadership
Eun Cho
Director Of Technical And Reporting AccountingLeadership
Kevin Hopkins
Director, Systems EngineeringLeadership
Yvonne T.
HR Business PartnerLeadership
Leslie Jones
Sr. Director, Global Campaigns & LaunchesLeadership
Keith Choi
Director Product ManagementLeadership

680 more people are available in the full profile.

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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.

  1. Founded ShieldX Networks is founded.
  2. Funding First funding round of $25.0M.
  3. 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 NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
cisco.com1984San Jose, United States$2.5M708
AI and saas based cloud security solutions
aviatrix.com2014Santa Clara, United States$346M314
Hybrid cloud integration software is developed for enterprise connectivity.
appomni.com2018San Francisco, United States$123M79
Security solutions for cloud applications are scanned and monitored.
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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.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud orchestration solutions are provided for multi-cloud and device applications.
1998Palo Alto, California, United StatesUSD 595.83 MUSD 812.05 M8,861
A cloud-based database-as-a-service platform is provided for application development.
2007New York, New York, United StatesUSD 311.32 MUSD 2.46 B8,070
Cybersecurity and zero trust solutions are delivered for secure networks.
2007San Jose, California, United StatesUSD 148 MUSD 3.35 B9,616
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Related news about 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's top competitors include Aviatrix, AppOmni and Cisco.

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.

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