What is Corero Network Security?
Corero Network Security, headquartered in London, UK, is a global leader specializing in high-performance, real-time DDoS protection. Established in 1991 and publicly traded on the London Stock Exchange's AIM market (CNS) and OTC (DDOSF), Corero operates critical facilities in Marlborough, Massachusetts, and Edinburgh, UK. The company's core offering, the SmartWall ONE platform, provides automated, inline DDoS detection and mitigation, safeguarding against sophisticated cyber threats across complex network environments. Complementing this, their CORE solution integrates Zero Trust principles, bot mitigation, Layer 7 application defense, and AI-driven threat intelligence. Corero also extends its expertise through DDoS Protection-as-a-Service (DDPaaS) and the SecureWatch managed services suite, allowing organizations to outsource their DDoS defense to Corero's dedicated Security Operations Center.
How much funding has Corero Network Security raised?
Corero Network Security has raised a total of $6.1M across 3 funding rounds:
Corporate Investment
$3.7M
Corporate Investment
$2M
Debt
$350K
Corporate Investment (2018): $3.7M with participation from Clydesdale Bank
Corporate Investment (2018): $2M led by Juniper Networks
Debt (2020): $350K supported by PPP
Key Investors in Corero Network Security
Clydesdale Bank
Virgin Money UK offers a range of business banking solutions, including current and savings accounts, business finance, and digital tools designed to help businesses manage their finances effectively. Their services cater to companies of all sizes, providing features like cashback, discounts, and easy integration with accounting software. Additionally, they support startups through mentoring and training programs in collaboration with Virgin StartUp. With a focus on customer satisfaction, Virgin Money UK aims to deliver award-winning products and expert banking services.
PPP
Public-Private Partnership
Juniper Networks
Juniper Networks, Inc. is a prominent technology company specializing in networking and cybersecurity solutions. It designs and develops high-performance network infrastructure, including routers, switches, and software-defined networking platforms, to help organizations manage and secure their data traffic efficiently. The company serves a wide range of clients, from service providers to enterprises, enabling them to build scalable, reliable, and secure networks. Known for its innovation and focus on advanced networking technologies, Juniper Networks emphasizes automation, artificial intelligence-driven operations, and cloud integration to meet the evolving demands of modern digital environments. Its solutions are widely recognized for enhancing network performance, security, and operational simplicity.
What's next for Corero Network Security?
With the recent major strategic investment and a substantial total funding history of $6.1M, Corero Network Security is strategically positioned for accelerated growth. The company's focus on advanced DDoS mitigation, including its SmartWall ONE platform and CORE solution, aligns with the increasing global demand for robust cybersecurity infrastructure. This capital is likely to be deployed towards enhancing its technological capabilities, expanding its market reach, and strengthening its service offerings, particularly in managed security services. Corero's commitment to real-time protection and Zero Trust principles suggests a forward-looking strategy aimed at addressing evolving cyber threats and solidifying its leadership in the DDoS protection market.
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