Corelight targeting EMEA channel growth following $75m funding round

Funding round led by Energy Impact Partners brings total investment in the company to $160m

Open network detection and response (NDR) platform Corelight has raised $75m in a Series D funding round led by Energy Impact Partners (EIP).

It brings the total amount raised by the company to $160m, with previous investors Accel, General Catalyst, Insight Partners and Osage University Partners also joining the latest funding round, as well new investor H.I.G. Growth Partners.

The company has also been backed by strategic investment from Capital One Ventures, CrowdStrike Falcon Fund and Gaingels.

"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," said Brian Dye, CEO of Corelight.

"I am grateful for our investors' partnership as we help organisations around the world move to a data-driven security strategy."

Corelight helps network defenders in some of the world's largest financial institutions, retail and healthcare organisations, critical infrastructure providers and government agencies and was founded by the creators of open-source network analysis framework Zeek (formerly Bro).

It says the investment will be used to accelerate its global growth and market adoption and develop new data and cloud offerings with a particular focus on channel partner expansion in EMEA.

"Corelight's strong NDR technology, rooted in open source, has had a significant impact across industries and is rapidly becoming the de-facto standard for sophisticated defenders," said Shawn Cherian, partner at EIP.

"We look forward to supporting them as they expand their existing footprint within the sustainable energy, manufacturing and other critical infrastructure sectors."