TrueFort, Inc.
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TrueFort, Inc. - overview
Established
2015
Location
-, NJ-New Jersey, US
Primary Industry
IT Security/Cybersecurity
About
TrueFort, Inc. , based in the US, specializes in enhancing enterprise security through real-time microsegmentation tools, enabling organizations to enforce precise security policies and minimize vulnerabilities in their networks. Founded in 2015, TrueFort, Inc. operates in the cybersecurity sector, focusing on real-time microsegmentation solutions.
The company has not undergone significant changes in its business strategy or operations since its inception. TrueFort is headquartered in the United States and was co-founded by Nazario Parsacala and Sameer Malhotra, who serves as CEO. The company has completed a total of 3 deals, with the most recent funding round occurring on September 8, 2021. TrueFort raised USD 30.
00 mn in Series B funding, led by Shasta Ventures with participation from Canaan Partners and other investors including Emerald Development Managers, Evolution Equity Partners, and Lytical Ventures. This funding represents the total amount raised by the company to date. TrueFort specializes in real-time microsegmentation tools designed to enhance the security posture of modern enterprises. The company’s core offerings focus on segmentation solutions that allow organizations to enforce granular security policies across their networks, minimizing the attack surface and improving incident response.
Primarily catering to industries such as finance, healthcare, and technology, TrueFort provides tailored security solutions addressing specific use cases like threat detection, compliance management, and network visibility. Their products are primarily marketed and utilized in North America and Europe, enabling customers to fortify their infrastructures against evolving cyber threats. TrueFort generates revenue through a subscription-based model, engaging clients in ongoing service agreements for access to its microsegmentation solutions. This model involves annual licensing fees, offering clients continuous updates, support, and access to new features.
Customers can select different service tiers that cater to their operational needs, allowing for predictable cash flow through long-term contracts. Notably, TrueFort's flagship products include advanced segmentation tools designed for real-time monitoring and automated policy enforcement. In September 2021, TrueFort, Inc. raised USD 30.
00 mn in Series B funding to support its future growth initiatives. The company plans to leverage this funding to enhance its hiring processes, expand go-to-market activities, and invest in research and development initiatives. TrueFort aims to introduce new products designed to address evolving security challenges, though specific release dates have not been disclosed. Additionally, the company is targeting expansion into new markets and geographic regions to broaden its reach and enhance its service offerings.
Current Investors
Evolution Equity Partners, Great Road Holdings, Emerald Development Managers
Primary Industry
IT Security/Cybersecurity
Sub Industries
IT Security/Cybersecurity, Monitoring & Security Software, Analytics & Performance Software
Website
www.truefort.com
Company Stage
Series B
Total Amount Raised
Subscriber access only
TrueFort, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series B | Completed | TrueFort, Inc. | - | ||||||||
| Series A | Completed | TrueFort, Inc. | - | ||||||||
| Seed | Completed | TrueFort, Inc. | - |
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TrueFort, Inc. - employee data


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