News

Corelight announces Series C funding

October 17, 2019Client News

Gunderson Dettmer client and network traffic analysist company Corelight has raised $50 million in a Series C financing. The funding round was led by Insight Partners and Accel.

In the announcement of the funding CEO of Corelight Greg Bell said, “What makes our data first security approach so powerful is the global community behind it. That community generously contributes new detections, parsers, and other capabilities for the benefit of all defenders. In addition to helping Corelight accelerate commercial progress, the new investment will enable us to engage and serve our community at a higher level. Belief in this joint vision is a key driver for the partnership with Insight and Accel, two renowned and experienced firms.”

The Gunderson Dettmer deal team was led by Joe Raffetto and included Michelle Fernandes and Ben Hinshaw.