Corelight Raises $75M Series D Financing

Gunderson Dettmer represented client Corelight, an open NDR platform, in its $75 million Series D financing including new investors, HIG, Energy Impact Partners, CrowdStrike Falcon Fund, CapitalOne Ventures, and Gaingels, with additional participation from existing investors, including Accel, General Catalyst, Insight Partners, and Osage Venture Partners. The new funding will be used to expand product development, marketing, and sales, as well as promote hiring of exceptional and diverse talent around the globe.

In the announcement of the transaction, CEO of Corelight Brian Dye said, “This latest investment is a powerful affirmation not only of the network detection and response category, but also of our open-source heritage, data-centric approach, and commitment to customer success. I am grateful for our investors’ partnership as we help organizations around the world move to a data-driven security strategy.”

The Gunderson deal team was led by Joseph Raffetto and included David Behrend.

Companies:
Corelight