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
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Sectors
Technology
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Phone
*********
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Website
*********
- Legal Name Corero Network Security, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$42.5 M (USD)
in 2 rounds
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Latest Funding Round
$14.5 M (USD), Series G
Sep 08, 2003
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Investors
Texas Instruments
& 7 more
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Employee Count
26
as on Dec 31, 2022
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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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series G — $14.5M
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First Round
First Round
(19 Aug 2002)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2003 | Amount | Series G - Top Layer Networks | Valuation |
investors |
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| Aug, 2002 | Amount | Series F - Top Layer Networks | Valuation | 3i Group |
| 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 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. 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 firm focused on mid-market businesses
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Founded Year | Domain | Location | |
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Private equity, real estate, and credit investments are managed globally.
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Founded Year | Domain | Location | |
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Early-stage US tech companies are invested in by the firm.
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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 Top Layer Networks
| 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 - Top Layer Networks
| 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 |
Top Layer Networks Comparisons
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. 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 network security solutions provider
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| domain | founded_year | HQ Location |
Enterprise threat management solutions
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| domain | founded_year | HQ Location |
AI-driven automated network threat defense solutions are provided for enterprises.
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| domain | founded_year | HQ Location |
Cloud-based platform detects and blocks network threats using device data.
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| domain | founded_year | HQ Location |
Programmable network adapters for traffic analysis and acceleration are developed.
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| domain | founded_year | HQ Location |
Network breaches and outages are prevented through formal verification.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Top Layer Networks
When was Top Layer Networks founded?
Top Layer Networks was founded in 1997 and raised its 1st funding round 5 years after it was founded.
Where is Top Layer Networks located?
Top Layer Networks is headquartered in Westborough, United States. It is registered at Westborough, Massachusetts, United States.
Is Top Layer Networks a funded company?
Top Layer Networks is a funded company, having raised a total of $42.5M across 2 funding rounds to date. The company's 1st funding round was a Series F of $28M, raised on Aug 19, 2002.
How many employees does Top Layer Networks have?
As of Dec 31, 2022, the latest employee count at Top Layer Networks is 26.
What does Top Layer Networks do?
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.
Who are the top competitors of Top Layer Networks?
Top Layer Networks's top competitors include Extreme Networks, Netography and Napatech.
Who are Top Layer Networks's investors?
Top Layer Networks has 8 investors. Key investors include Texas Instruments, Corero, 3i Group, Investcorp, and Granite Ventures.
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