VC firms back $30m series-C for Nozomi Networks

Giovanni Cannetta Roeder of Planven Investments led the round, which also saw a commitment from Energize Ventures (formerly Invenergy Future Fund).

The latest financing comes shortly after a $15m series-B closed in January this year by the same syndicate of investors.

Nozomi will use the new funding to broaden the firm's global presence and continue research and development.

Previous funding
Lux, GGV, Planven and THI backed a $7.5m series-A round for Nozomi in October 2016. All existing investors returned to inject a further $15m into the business in January 2018.

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
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• Venture
• Switzerland