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Venture Capital News: ZeroTier Scores $13.5M Series A Funding

2024-07-26
IRVINE, CA, ZeroTier, a virtual networking company simplifying secure connectivity for devices worldwide, has secured $13.5 million in Series A funding.
ZeroTier, a virtual networking company simplifying secure connectivity for devices worldwide, has secured $13.5 million in Series A funding. The funding was led by Battery Ventures, a global, technology-focused investment firm, with participation from Bonfire Ventures, Anorak Ventures, Grand Enterprises B.V., Airbridge Equity Partners and First In Ventures. ZeroTier supports over three million connected devices and 600,000 network administrators across more than 230 countries and territories worldwide.

In addition to its financing, ZeroTier has appointed tech startup founder and investor Andrew Gault as CEO. A former CTO and programmer with deep expertise in edge devices and networking, Gault co-founded video game streaming platform Gaikai which sold to Sony for $380M in 2012, and was the first investor in Oculus VR which sold to Meta for $2B in 2014.
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