Latest funding enables company to expand sales and marketing of its turnkey network security virtualization platform to a wider audience
OTTAWA, ON (Canada) – August 21, 2019 – Corsa Security, leaders in scaling network security, today announced it recently secured a new round of financing. The investment affirms the company’s innovative approach to scaling network security, with the Corsa Red Armor turnkey network security virtualization platform that is offered to enterprises as a service with a monthly subscription. The newly-launched solution creates high-capacity virtualized next-generation firewalls (NGFW), which customers can scale with one-click to get whatever traffic inspection they need, without having to upgrade specialized, single-purpose hardware.
Among those contributing to the latest round of funding are returning investors Roadmap Capital. Corsa will use the funds to extend the reach of its platform from early adopters to a broader market by expanding its sales and marketing efforts, especially with its new channel partners in the US and Europe. The investment will also help the company grow its development team in order to accelerate delivery to market.
“This is a pivotal moment for both network security and our company,” said Eduardo Cervantes, CEO, Corsa Security. “We have the opportunity to transform the way we solve today’s SSL inspection gap. This investment shows the market recognizes the flexibility and ease of turnkey firewall virtualization with a subscription model. It enables us to forge ahead in bringing this much-needed solution to a wider audience. Our software-defined network security solution means customers can scale traffic inspection to 100% on high-capacity networks quickly and easily, without degrading network performance, while using their current architecture.”
“Roadmap Capital is excited to help Corsa enter a new phase of its business,” said Imed Zine, PhD, Principal at Roadmap Capital. “Corsa has proven itself as a company that understands the the challenges of scaling network security to meet today’s ever-expanding bandwidth needs combined with the growing adoption of encrypted traffic. We are thrilled to support this growth phase as Corsa provides turnkey network security virtualization which is easily adopted by large organizations across industries.”