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Neohapsis has raised $14.0M across 2 funding rounds.
Key people at Neohapsis.
Neohapsis has raised $14.0M in total across 2 funding rounds.
Neohapsis delivered specialized cybersecurity services, encompassing governance, risk, and compliance (GRC) products for enterprises and government agencies. The firm provided robust mobile and cloud security solutions, offering advisory and technical consulting. Its methodology focused on establishing secure frameworks and navigating regulatory requirements in evolving digital landscapes.
Established as an independent security consulting firm, Neohapsis emerged to address escalating demand for advanced cybersecurity expertise. The company anticipated widespread adoption of mobile and cloud technologies, recognizing the critical need for specialized protection and compliance. This foresight shaped its foundational service development.
Neohapsis served diverse commercial enterprises and government entities, particularly in highly regulated sectors. The company’s vision was to enable secure digital transformation, empowering clients to confidently embrace new technologies, mitigating cyber risks. It aimed to foster resilient security programs and safeguard operational continuity.
Neohapsis has raised $14.0M across 2 funding rounds. Most recently, it raised $5.0M Series B in October 2010.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 1, 2010 | $5M Series B | — | Colle Capital, Crosslink Capital, ForgePoint Capital, Gutbrain Ventures, Colin Bryant, Paladin Capital Group, Palisades Growth Capital, Touchdown Ventures | Announced |
| Jan 1, 2007 | $9M Series U | — | ForgePoint Capital, Gutbrain Ventures, Colin Bryant, Paladin Capital Group | Announced |
Key people at Neohapsis.
Neohapsis has raised $14.0M in total across 2 funding rounds.
Neohapsis's investors include Colle Capital, Crosslink Capital, Forgepoint Capital, Gutbrain Ventures, Colin Bryant, Paladin Capital Group, Palisades Growth Capital, Touchdown Ventures.
Neohapsis was a Chicago-based technology company specializing in cybersecurity services, providing mobile, cloud, application, and infrastructure security solutions to over 300 global enterprises, including Fortune 500 customers.[1][2][3][4] It addressed evolving information security, risk management, and compliance challenges through expertise, advanced research, and security tools, positioning itself at the forefront of securing emerging technologies like cloud and mobile platforms.[1][2] Founded in 1997, Neohapsis built strong traction with investors such as Paladin Capital Group (initial investment in 2006), Cisco Systems, New Venture Partners, and Trident Capital, before being acquired by Cisco in 2015 to bolster its security services portfolio.[1][2][4][5]
Neohapsis was founded in 1997 in Chicago, Illinois, emerging as a provider of governance, risk, and compliance products alongside security services in the burgeoning cybersecurity space.[2] The company gained early momentum through investments from prominent firms, including Paladin Capital Group's initial funding in December 2006, which supported its expansion in serving enterprise clients.[1][2] A pivotal moment came with Cisco's announcement of intent to acquire Neohapsis in early 2015, followed by completion later that year, integrating its team into Cisco's Security Services organization under Senior Vice President Bryan Palma to enhance managed security offerings.[4][5]
Neohapsis rode the early 2000s wave of rising cybersecurity demands as enterprises adopted cloud, mobile, and complex infrastructures, addressing gaps in compliance and risk amid increasing data breaches.[1][3][4] Its timing aligned with market forces like regulatory pressures and the shift to outsourced security expertise, influencing the ecosystem by pioneering services that bridged operational vulnerabilities with strategic protection.[4][5] Post-acquisition, it amplified Cisco's position in the managed security services trend, alongside peers like Symantec and Check Point, helping vendors offer in-house alternatives to pure-play consultancies and fostering deeper integration of threat intelligence with services.[5]
By 2015, Neohapsis's acquisition marked its evolution into Cisco's broader security apparatus, likely enhancing Cisco's threat detection and managed services amid ongoing cyber threats. Looking ahead, its legacy contributes to Cisco's dominance in enterprise security, shaped by trends like AI-driven threats, zero-trust architectures, and cloud-native protections—potentially expanding through Cisco's global scale. This positions former Neohapsis capabilities to influence hybrid security models, tying back to its origins as a trusted advisor securing tomorrow's technologies.[4][5]
