Product Reports Resources Pricing Login Book a demo

ShieldX Networks

Cybersecurity · San Jose, United States · Founded 2015

Mulit-cloud security and micro-segmentation software to support business scalability, cybersecurity and compliance goals MoreLess

ShieldX Networks was a cybersecurity firm established in 2015, carving a niche in the cloud security sector before its acquisition by Fortinet in March 2021 for $10.8 million. The company was founded in San Jose, CA, by a team of serial entrepreneurs including Dr. Ratinder Paul Singh Ahuja, Manuel Nedbal, Harry Singh, and Lovely Kaur. Dr. Ahuja, who served as CEO, is a prolific inventor with a background as a serial entrepreneur, having previously founded three other technology companies—Internet Junction, Webstacks, and Reconnex—which were acquired by Cisco, Extreme Networks, and McAfee, respectively. His extensive experience in network security, including a tenure as CTO for McAfee's network security division, directly informed ShieldX's strategic direction.

The firm operated with a focus on protecting enterprises from cyber threats within complex, multi-cloud environments. Its business model centered on its flagship platform, APEIRO, which provided security as a service to clients. These clients ranged from large enterprises like Alaska Airlines to educational institutions such as Iowa State University, who required robust security solutions to protect sensitive data across public, private, and hybrid cloud infrastructures. ShieldX's go-to-market strategy involved direct sales and partnerships, aiming to solve security challenges that traditional tools, designed for on-premise networks, could not address in the cloud. Total funding reached $34 million through rounds that attracted significant investors, including Bain Capital Ventures, Symantec, and FireEye.

APEIRO, the company's core product, was a software-defined security platform architected as a set of containerized microservices. This design allowed for rapid and elastic scaling of security controls on demand. The platform's key function was to provide visibility and enforce micro-segmentation, a technique that divides a network into small, defensible segments to prevent the lateral movement of threats. APEIRO continuously discovered workloads, assessed risks, and automated the creation and enforcement of security policies without requiring agents. Its features included deep packet inspection and the ability to identify advanced attacks, offering a significant benefit to organizations struggling with blind spots in east-west (server-to-server) traffic within their cloud environments. The acquisition by Fortinet aimed to integrate ShieldX's visibility and control capabilities into Fortinet's own security fabric, enhancing protection across data centers, campuses, and multi-cloud networks.

Keywords: ShieldX Networks, cloud security, multi-cloud protection, APEIRO platform, micro-segmentation, network security, cyber threat protection, data center security, east-west traffic, lateral movement prevention, automated security policy, agentless security, cloud workload protection, Fortinet acquisition, Ratinder Ahuja, virtual patching, deep packet inspection, compliance management, cloud infrastructure security, hybrid cloud security

Company overview

ShieldX Networks company information

The essential company record, classifications and operating signals in one place.

Status
Acquired
Founded
2015
Headquarters
San Jose, United States
Employees
18
Open positions
None listed
Dealroom signal
87.0
client focusb2bsub industryCloud & InfrastructureindustrySecuritysectorSaaSsectorCompliancesectorOn-DemandsectorPlatformsectorCybersecuritysectorRegtech Compliance

Valuation & funding

ShieldX Networks funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONExit Mar 2021 $0 Fortinet
SERIES BEquity / VC Jul 2019 Thomvest Ventures
SERIES BEquity / VC Dec 2017 $25M $100M Bain Capital Ventures
SERIES AEquity / VC Jun 2017 $9M $36M Bain Capital Ventures
Showing 4 recorded eventsUnlock the complete deal history →

Financials

Workforce over time

Available workforce history. Financial fields without reported data are omitted.

YearEmployees
2026 19
2025 11
2024 25
2023 25
2022 25
2021 28
2020 47
Company filings, research estimates and Dealroom dataOpen the full financial model →

Growth signals

ShieldX Networks website traffic

Latest recorded traffic for ShieldX Networks is 240 monthly website visits, up 84.6% over the last three months. ShieldX Networks's team grew 63.6% over the past year.

Latest monthly visits240 3-month web change+84.6% 1-year team growth+63.6%
Monthly website visits53 observations · Oct 2017–Feb 2024
Hover or focus a point to see its exact monthly valueCompare with peers →

Comparisons

ShieldX Networks compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

ShieldX Networks's talent

Book a demo to see the people
Team profiled 12 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

4 investors on ShieldX Networks's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Series A 2 investors entered at this stage
Bain Capital Ventures
Thomvest Ventures
Other known 2 additional known investors
Fortinet
ACrew Capital

Global footprint

Where ShieldX Networks has talent and traffic

Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

In the news

Latest news about ShieldX Networks

Recent press, funding announcements, and product moves mentioning ShieldX Networks — open to read from the original sources.

See all news

Market sentiment

What the market is saying about ShieldX Networks

An AI-synthesized read of the highest-engagement posts about ShieldX Networks on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

See ShieldX Networks’s full profile on Dealroom

Request a free trial to see the complete deal history, financials, people graph and growth signals.

Takes under a minute. Already use Dealroom? Log in.