NetFoundry lands $15M Series A led by SYN Ventures; Cisco

NetFoundry, a Charlotte, NC-based startup building identity-driven networking and security solutions, has closed a $15M Series A round. The round is led by SYN Ventures, with Cisco Investments joining as a strategic investor to accelerate growth.

Identity-First overlays, a modular approach that secures connectivity across multi-cloud, edge, and on-prem environments. The company reports that its platform already handles well over a billion sessions per month, underscoring growing demand for zero-trust, identity-centric networking across enterprises.

Identity-First overlays position it to capture demand from teams seeking streamlined, secure access without compromising performance.

SYN Ventures and Cisco Investments signals a continued appetite for strategic minority investments that can accelerate go-to-market, product development, and global reach.