Top Layer Networks

Westborough, United States Founded: 1997 • Age: 29 yrs Acquired By Corero
NIPS solutions for layer 7 network traffic protection are provided.
Annual revenue - Latest available
Total funding $42.5M 2 rounds
Employees 26 Tracked headcount
Investors 8 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Top Layer Networks

Top Layer Networks is a company based in Westborough (United States) founded in 1997 was acquired by Corero in February 2011. Top Layer Networks has raised $42.5 million across 2 funding rounds from investors including Texas Instruments, Corero and 3i Group. The company has 26 employees as of December 31, 2022. Top Layer Networks operates in a competitive market with competitors including Extreme Networks, Sourcefire, Blue Hexagon, Netography and Napatech, among others.

  • Headquarter Westborough, United States
  • Employees 26 as on 31 Dec, 2022
  • Sectors
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Legal Name Corero Network Security, Inc.
Operational Areas
Technology → Cybersecurity & Privacy Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $42.5 M (USD)

    in 2 rounds

  • Latest Funding Round
    $14.5 M (USD), Series G

    Sep 08, 2003

  • Investors
  • Employee Count
    26

    as on Dec 31, 2022

  • Acquired by
    Corero

    (Feb 07, 2011)

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Funding Insights of Top Layer Networks

Top Layer Networks has successfully raised a total of $42.5M across 2 strategic funding rounds. The most recent funding activity was a Series G round of $14.5 million completed in September 2003. 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.

Investors in Top Layer Networks

Top Layer Networks has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Texas Instruments, Corero and 3i Group.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity firm focused on mid-market businesses
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Private equity, real estate, and credit investments are managed globally.
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Early-stage US tech companies are invested in by the firm.
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Investments & Acquisitions by Top Layer Networks

Investments
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Financial Statements - Top Layer Networks

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Top Layer Networks Comparisons

Top Layer Networks Primary company
Description
NIPS solutions for layer 7 network traffic protection are pr...
Location
Westborough, United States
Founded Year
1997
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
26
As of 2022
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Peer comparison for Top Layer Networks

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Competitors of Top Layer Networks

Top Layer Networks 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 Extreme Networks, Sourcefire, Blue Hexagon, Netography and Napatech, among others.

Company Name Domain Founded year HQ Location Description
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Cloud based network security solutions provider
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Enterprise threat management solutions
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AI-driven automated network threat defense solutions are provided for enterprises.
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Cloud-based platform detects and blocks network threats using device data.
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Programmable network adapters for traffic analysis and acceleration are developed.
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Network breaches and outages are prevented through formal verification.
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Detailed competitors of Top Layer Networks

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Latest news on Top Layer Networks

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Frequently Asked Questions about Top Layer Networks

Top Layer Networks was founded in 1997 and raised its 1st funding round 5 years after it was founded.

Top Layer Networks is headquartered in Westborough, United States. It is registered at Westborough, Massachusetts, United States.

Top Layer Networks is a funded company, having raised a total of $42.5M across 2 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Top Layer Networks is 26.

Top Layer Security provided of Network Intrusion Prevention Systems (NIPS) and introduced DDoS defense to detect and block application layer (layer 7) distributed denial of service cyber-attacks in 2011. Company developed hardware appliances for high-performance network security and traffic management issues and AppSwitch to extract and use detailed information from all 7 layers to identify and control both HTTP-based and non HTTP-based traffic. Acquired by Corero Plc and merged company renamed to Corero Network Security.

Top Layer Networks's top competitors include Extreme Networks, Netography and Napatech.

Top Layer Networks has 8 investors. Key investors include Texas Instruments, Corero, 3i Group, Investcorp, and Granite Ventures.

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