US-based cloud networking management software provider Isovalent has emerged from stealth with $29m from a series A round co-led by internet technology provider Google.
The round was co-led by venture capital firm Andreessen Horowitz and included Cisco Investments, the strategic investment arm of networking technology manufacturer Cisco.
Founded in 2017, Isovalent has developed a networking technology called Cilium that allows enterprises to integrate various cloud software tools securely.
Clients can examine cloud-based functions on their IT network at a granular level and get access to encryption and auditing tools to help prevent security breaches.
Isovalent’s platform is installed in the core data packet – known as the kernel – of the client’s networking operating system and integrates with software development suites such as Kubernetes, an open-source tool that harmonises components of software packages.
The company’s clients include financial services firm Capital One, marketing and imaging software producer Adobe and software monitoring tool developer Datadog.
Thomas Graf, co-founder and chief technology officer of Isovalent, said: “Cloud-native techniques enable agility, flexibility and responsiveness at a scale that enterprises find compelling, particularly as they strive to meet the demands of modern customers but legacy approaches to networking, observability and security are not able to keep up.”