Zero Networks, a cybersecurity firm specialising in automated microsegmentation and zero trust solutions, has raised $55m in a Series C funding round.
The round was led by Highland Europe and also saw participation from existing investors F2 Venture Capital, PICO Venture Partners, Venrock and USVP, bringing the company’s total funding to over $100m. Highland Europe principal Jacob Bernstein will join the board.
The company’s platform is designed to stop lateral movement in cyberattacks by providing automated, agentless microsegmentation. Long considered complex to implement, microsegmentation has traditionally been underused despite its effectiveness. Zero Networks claims its technology simplifies the process, making segmentation scalable and cost-effective.
The funding will be used to expand the company’s global presence across North America, EMEA and APAC, as well as to grow its teams in sales, marketing, R&D and customer support. It also supports continued innovation across Zero Networks’ platform, which includes Zero Trust Network Access and Identity Least Privilege solutions.
The firm has more than tripled its customer base and seen 300% revenue growth since its Series B, fuelled by rising enterprise demand for proactive ransomware protection.
Zero Networks CEO and co-founder Benny Lakunishok said, “Microsegmentation has long been the crown jewel of network defense; praised for its effectiveness but abandoned because of its complexity.
“This funding raise validates everything we’ve claimed since day one: that we can make segmentation simple, scalable, and powerful enough to contain ransomware and stop lateral movement at its source. It also opens up a massive opportunity for every network defender out there to stop playing catch-up and start taking control.”
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