Nodal Industries

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Nodal Industries - overview

Established

2014

Location

Mountain View, CA-California, US

Primary Industry

Hardware

About

Nodal Industries focuses on cybersecurity, providing advanced network security solutions through its innovative product Numa, designed to safeguard connected devices from various cyber threats. Founded in 2014, Nodal Industries operates from Mountain View, US, specializing in cybersecurity solutions. The company has undergone significant growth, raising USD 200,000 in a Seed funding round in January 2016, with investors including 500 Global. Nodal Industries has completed two deals to date.


Nodal Security specializes in providing advanced network security solutions through its flagship product, Numa. This device protects connected devices by utilizing current intelligence to monitor and defend against diverse cyber threats such as malware and phishing. Numa excels in identifying sophisticated attacks that traditional antivirus software may miss, making it essential for both residential and business environments. Its user-friendly installation requires minimal setup time and operates without additional software configuration.


Numa serves a broad clientele, including remote workers, financial professionals, smart homeowners, and families across North America, Europe, and Asia. Nodal Security generates revenue primarily through the direct sale of its Numa network security appliances. The company offers a subscription-based service for ongoing updates and monitoring, ensuring protection against emerging threats in real-time. This subscription model fosters customer loyalty by providing continuous security enhancements without user intervention.


Numa is typically purchased directly, with options for bundled services that may include mobile applications for enhanced protection. The pricing structure reflects the advanced capabilities of Numa in the cybersecurity market. Nodal Industries aims to expand its product line with new offerings, although specific details on upcoming products have not been disclosed. The company is targeting growth in new geographic markets, increasing its reach in North America and Europe by the end of 2024.


The recent Seed funding will support these expansion efforts, helping Nodal Industries enhance its product development and market outreach strategies. In January 2016, Luma, a portfolio company of Base Ventures, BIP Capital, Felicis Ventures, and Relay Ventures, acquired Nodal Industries.


Current Investors

Luma Home Inc.

Primary Industry

Hardware

Sub Industries

Security Services, Hardware, Monitoring & Security Software

Website

www.nodalsecurity.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Nodal Industries - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Trade SaleCompletedNodal Industries-
SeedCompletedNodal Industries-

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Nodal Industries - employee data

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