NetRise Raises $10 Million in Funding
NetRise, an Austin, Texas-based software supply chain security company, has raised $10 million in growth funding.
The round was led by DNX Ventures, with participation from Miramar Digital Ventures, Sorenson Capital, Squadra Ventures, and Talons Ventures.
DNX Ventures is an early-stage venture capital firm focused on enterprise software, cybersecurity, and frontier tech. They invest in strong teams with innovative products, offering hands-on support and operational expertise to help startups scale and create lasting impact in the global tech space.
The company will use the funds to expand its platform’s capabilities, improve threat detection and response, and enhance continuous monitoring of software components and firmware.
Founded in 2020 by Thomas Pace and Michael Scott, NetRise provides a cloud-based solution designed to enhance software supply chain security, offering capabilities for inventory management, security visibility, and risk mitigation across the software landscape. The platform provides comprehensive visibility into software components and risks by generating detailed Software Bills of Materials (SBOMs), identifying both CVE and non-CVE vulnerabilities, and offering continuous monitoring for emerging threats. Headquartered in Austin, Texas, NetRise serves organizations of all sizes—from small businesses to Fortune 500 companies.
Funding Details
Company: NetRise, Inc.
Raised: $10.0M
Round: Growth
Funding Date: April 2025
Lead Investor: DNX Ventures
Additional Investors: Miramar Digital Ventures, Sorenson Capital, Squadra Ventures, Talons Ventures
Company Website: https://www.netrise.io/
Software Category: Software Supply Chain Security / Cybersecurity