About strong network
strong network is a Technology company based in Yverdon Les Bains (Switzerland) founded in 2020 by Laurent Balmelli and Ozrenko Dragic, and was acquired by Citrix in December 2024. strong network has raised $5.47 million across 1 funding round from investors including Citrix, OpenOcean and Founderful. strong network offers products and services including CDE Platform and Secure Cloud Environments. Its focus areas include Enterprise Infrastructure, Application Development Tools, Code Management and Version Control. Its legal entity is Strong Network Inc.
Company details
Provider of source code security solutions. The platform offers solutions that help in automating the audit process coding and code development. It also allows protecting the infrastructure from malicious threats. It works by protecting the source code and data against leaks, IP theft, etc.
- Headquarters Yverdon Les Bains, Switzerland
- Founders Laurent Balmelli, Ozrenko Dragic
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Website strong.network
- Social LinkedIn X YouTube
- Acquired by Citrix (Dec 2024)
- Legal Name Strong Network Inc.
Products & Services of strong network
strong network offers a comprehensive portfolio of products and services, including CDE Platform and Secure Cloud Environments.
Secure cloud-based platform for efficient software development and team productivity.
Tools for protecting development assets and ensuring compliance in cloud setups.
Funding Insights of strong network
strong network has successfully raised a total of $5.47M through 1 strategic funding round. The most recent funding activity was a Seed round of $5.47 million completed in June 2022. 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 $5.47M
- Total Rounds 1
- Last Round Seed — $5.47M
- First Round $5.47M
(Jun 2022)
- Investors Count 2
All 1 funding rounds of strong network 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 |
|---|---|---|---|---|---|
| Jun 2022 | $5.47M | Seed | – | OpenOcean, Founderful | – |
3 investors in total: 3 institutional.
Investors in strong network
strong network has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Citrix, OpenOcean and Founderful.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multiple sectors are invested in by OpenOcean venture capital fund. | openocean.vc | Helsinki, Finland | ||
Venture capital investments are made in early-stage Swiss startups. | founderful.com | Zurich, Switzerland | ||
Cloud-based virtualization for networks and desktops is delivered to businesses. | 1989 | citrix.com | Fort Lauderdale, United States |
Investor details for strong network
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of strong network
2 people are tracked at strong network (2 in leadership).
| Name | Role | Group |
|---|---|---|
Laurent Balmelli | Co-Founder | Leadership |
Ozrenko Dragic | Co-Founder | Leadership |
Complete people profiles for strong network
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of strong network
3 dated milestones of strong network across 4 years, from founding to its latest funding, stage changes and deals.
- Founded strong network is founded.
- Funding First funding round of $5.5M.
- Exit Acquired by Citrix.
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Frequently Asked Questions about strong network
strong network was founded in 2020 and raised its 1st funding round 2 years after it was founded.
strong network is headquartered in Yverdon Les Bains, Switzerland. It is registered at Yverdon Les Bains, Vaud, Switzerland.
strong network is a funded company, having raised a total of $5.47M across 1 funding round to date. The company's 1st funding round was a Seed of $5.47M, raised on Jun 2022.
Provider of source code security solutions. The platform offers solutions that help in automating the audit process coding and code development. It also allows protecting the infrastructure from malicious threats. It works by protecting the source code and data against leaks, IP theft, etc.
strong network offers CDE Platform and Secure Cloud Environments.
strong network has 3 investors. Key investors include Citrix, OpenOcean, and Founderful.
strong network operates through Strong Network Inc..
Yes. strong network was acquired by Citrix in December 2024.