Cover lightA recent Series E funding round led by Accel with support from Cisco Investments and CrowdStrike Falcon Fund gave them a significant raise of $150 million. This infusion of capital is earmarked to advance Corelight's AI-powered security innovations, strengthen its cloud-native security capabilities, and further strengthen its data fusion partnerships with leading cybersecurity platforms. . By leveraging these resources, Corelight aims to provide transformative capabilities for Security Operations Center (SOC) analysts and incident response teams.

Validation of Corelight's technology is reflected in its adoption by prominent cybersecurity services teams such as CrowdStrike, Mandiant, and Black Hat NOC. Corelight's rapid growth as the industry's fastest growing NDR platform is evidenced by its impressive financial metrics, with 40% year-over-year (YoY) annual recurring revenue (ARR) growth. And AI and software included 300% YoY growth. NDR solutions run as a service (SaaS).

Brian Dye, Corelight's CEO, highlighted the company's use of network data to provide irrefutable evidence of adversary activity, emphasizing the enormous potential uses of such data. Dai expressed his excitement about collaborating with strategic investors Accel, CrowdStrike, and Cisco, highlighting Corelight's commitment to innovation and customer satisfaction.

Arun Mathew, a partner at Accel, praised Corelight's enterprise traction, battle-tested open-source technology, and satisfied customers, and emphasized that Corelight continues to innovate and partner with cybersecurity organizations around the world to modernize legacy technologies. Ready to deepen the streak.

Jennie Ho, vice president, Cisco Investments, emphasized the importance of driving visibility in hybrid and multi-cloud environments to address critical security challenges and improve cybersecurity posture.

Gore Talpaz, vice president of corporate development and head of the Falcon Fund at CrowdStrike, highlighted the importance of Corelight's OpenNDR platform in providing valuable context to Falcon platform telemetry. This investment marks CrowdStrike's commitment to expanding its partnership with Corelight and leveraging the synergies between their respective offerings to advance next-generation Security Information and Event Management (SIEM) capabilities.

Overall, Corelight's Series E funding round underscores investor confidence in its open NDR strategy and its ability to redefine cybersecurity operations through innovation and strategic partnerships.