VC firms in $15m series-B for Nozomi Networks

Lux Capital, GGV Capital, Planven Investments and THI Investments took part in the round, which Nozomi said was oversubscribed.

The company was originally founded in Switzerland, but has now relocated its headquarters to San Francisco.

The fresh capital will be used to fuel worldwide expansion of marketing, sales and support, and further bolster product innovation.

Previous funding
Lux, GGV, Planven and THI backed a $7.5m series-A round for Nozomi in October 2016.

The company said total funding to date now amounts to $23.8m.

Company
Nozomi was founded in Mendrisio in 2013, before relocating to San Francisco after its series-A funding round. It provides cybersecurity software and advice for industrial control systems. Its deployments span the energy, manufacturing, pharmaceuticals, chemicals, mining and utilities sectors.

People
Nozomi Networks – Edgard Capdevielle (CEO).

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• Topics
• Expansion
• DACH
• Technology
• Switzerland
• Cybersecurity
• Venture