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Portnox closes $37.5M Series B led by Updata Partners (2025) Named Best NAC Solution at the 2025 RSA Conference 1,000+ organizations secured worldwide First cloud-native TACACS+ solution shipped (2023) Passwordless conditional access blocks 1M+ attempts a day Portnox closes $37.5M Series B led by Updata Partners (2025) Named Best NAC Solution at the 2025 RSA Conference 1,000+ organizations secured worldwide First cloud-native TACACS+ solution shipped (2023) Passwordless conditional access blocks 1M+ attempts a day
Company Profile Cybersecurity Austin, TX

Portnox.

Network access control, rebuilt for the cloud - no appliances, no VMs, no specialists.

1,000+
Organizations
2007
Founded
$59.5M
Total Funding
~95%
Retention
Portnox logo
PORTNOX - The cloud-native access control company, photographed as its wordmark against corporate navy. Founded 2007 by a team of Israeli Air Force network engineers; headquartered today in Austin, Texas.
The Story

The company that deleted the appliance

For most of the last two decades, controlling who and what could join a corporate network meant buying hardware. Racks of appliances. Virtual machines to patch. A specialist - or a team of them - to keep the whole thing running. This category, Network Access Control, was powerful and, for many organizations, quietly miserable. Portnox was founded on the belief that it did not have to be.

Portnox builds cloud-native access control. In plain terms, it decides whether a laptop, a phone, a printer, a smart camera, or a contractor's device is allowed onto a network - and what it is allowed to do once there. It checks identity, profiles the device, assesses risk, and enforces policy across wired, wireless, and remote connections. The difference is where all of that happens: not on a box in a server closet, but in the cloud, delivered as software.

The company traces its origins to 2007 and a group of engineers who had done network security work for the Israeli Air Force. They had felt, first-hand, the gap between the access-control tools that existed and the ones they wished existed - so they built the latter. In 2017, Portnox shipped what it describes as the first cloud-native NAC solution on the market, years ahead of a category that was still selling appliances. It later added the first cloud-native TACACS+ service and, in 2024, passwordless conditional access for applications.

They felt the pain of inadequate access control - so they built the product they wished they could have had.

The Problem

Every device is a question

A modern network is a crowd of unknowns. Managed laptops sit next to personal phones, IoT sensors, medical equipment, and machines a vendor plugged in last week. Each one is a question - should this be here, and what should it be allowed to touch? Portnox answers those questions automatically, and by its own account blocks more than a million unauthorized access attempts a day.

Its customers are the organizations for whom a wrong answer is expensive: more than 1,000 of them, concentrated in healthcare, financial services, manufacturing, and technology - industries that carry compliance obligations like HIPAA and PCI-DSS. For lean security teams, the appeal is blunt: enterprise-grade zero trust without the appliance budget or the headcount to run it.

USE CASE

Network Access Control

Real-time visibility and control over every device on wired and wireless networks, with profiling and automated remediation.

USE CASE

IoT & BYOD

AI-powered fingerprinting discovers and classifies unmanaged and personal devices, then applies policy without manual tagging.

USE CASE

Passwordless Access

Phishing-resistant, certificate-based authentication that removes passwords - the weakest link in most breaches.

USE CASE

Compliance Enforcement

Continuous endpoint risk assessment and posture checks aligned to HIPAA, PCI-DSS, and internal policy.

Products & Services

One platform, four jobs

Portnox Cloud folds capabilities that traditionally required separate products - NAC, RADIUS, TACACS+, and application access - into a single cloud-native platform. Modules can be adopted one at a time and share the same policy engine.

2017

Cloud NAC

Vendor-neutral network access control with endpoint visibility, device profiling, and automated remediation.

2020

Cloud RADIUS

Zero-trust authentication across wired and wireless layers, with certificate-based and passwordless options.

2023

Cloud TACACS+

The first cloud-native TACACS+ service for AAA and network device administration.

2024

Conditional Access

Passwordless, phishing-resistant application access with endpoint risk assessment and Microsoft EAM support.

How It's Different

Cloud versus the closet

The incumbents in access control - Cisco ISE and Aruba ClearPass chief among them - are powerful and deeply customizable. They are also appliance- or VM-based, which means hardware, licensing, and specialists, plus deployment timelines measured in months. Portnox's entire thesis is to remove that layer. Being vendor-neutral and cloud-delivered, it works across mixed network gear and starts, its customers report, in a fraction of the time.

CapabilityPortnoxLegacy NAC (ISE / ClearPass)
DeliveryCloud-native SaaSAppliance / VM
Hardware neededNoneMultiple appliances
Vendor lock-inVendor-neutralEcosystem-oriented
Deployment timeDaysWeeks to months
Passwordless / conditional accessBuilt inAdd-on / limited

Comparison reflects Portnox's published positioning and independent NAC comparisons. Capabilities of competing products vary by version and license.

Where It Fits

The boring layer that stops breaches

Access control is unglamorous - and disproportionately effective. Deciding who gets on the network quietly prevents more incidents than most flashier tools. Portnox sits in the network-security and zero-trust market alongside NAC incumbents and identity players, competing on simplicity and total cost of ownership rather than raw feature sprawl. The relative bars below illustrate its stated positioning, not audited benchmarks.

Ease of deploy
Cloud-native
Vendor-neutral
Any gear
Low overhead
No appliances
Unified scope
NAC+RADIUS+TACACS+
Business & Facts

By the numbers

Company facts

Founded2007
HeadquartersAustin, Texas
CEODenny LeCompte
ModelB2B SaaS
Customers1,000+
Total funding$59.5M
Latest roundSeries B - $37.5M (2025)

Business model

Portnox sells subscription licenses to its cloud platform, typically priced per device or per user, with add-on modules for NAC, RADIUS, TACACS+, and conditional access. It goes to market directly and through resellers and MSPs, and is available on the Microsoft Azure Marketplace.

RSA 2025: Best NAC TMCnet Zero Trust '25 Cyber Top Companies '25 SC Awards Finalist '25
Timeline

From Tel Aviv to Austin

2007

Founded

Engineers with Israeli Air Force network-security backgrounds start Portnox.

2014

North American expansion

Portnox opens a U.S. office and deepens its footprint in the American market.

2017

First cloud-native NAC

The market's first cloud-delivered network access control solution ships.

2022

$22M Series A

Elsewhere Partners leads a round to accelerate the cloud platform.

2023

First cloud-native TACACS+

Portnox extends AAA and device administration into the cloud.

2024

Passwordless conditional access

Application access with endpoint risk assessment and Microsoft EAM support.

2025

$37.5M Series B & RSA award

Updata Partners leads a Series B; Portnox named Best NAC at RSA.

People & Curiosities

The details worth knowing

CEO Denny LeCompte holds a Ph.D. in cognitive psychology from Rice University - and previously led at SolarWinds and AlienVault.
The founding team originally secured networks for the Israeli Air Force before starting the company.
Portnox shipped cloud-native NAC in 2017 - well ahead of a category still selling appliances.
The platform reportedly blocks 1M+ unauthorized access attempts every single day.
Founded in Israel in 2007, Portnox is now headquartered in Austin, Texas.
A reported ~95% customer retention rate across 1,000+ organizations.
FAQ

Common questions

What does Portnox do?

Portnox provides cloud-native access control that decides who and what can connect to an organization's network and applications, unifying NAC, RADIUS, TACACS+, and passwordless conditional access in one platform.

How is it different from Cisco ISE or Aruba ClearPass?

ISE and ClearPass are appliance- or VM-based and require significant hardware, budget, and expertise. Portnox is delivered entirely from the cloud, is vendor-neutral, and needs no on-premises appliances - lowering cost and speeding deployment.

Who uses Portnox?

More than 1,000 organizations across healthcare, financial services, manufacturing, and technology use Portnox to secure access for managed, unmanaged, IoT, and BYOD devices.

Where is Portnox based and when was it founded?

Portnox was founded in 2007 by a team with Israeli Air Force network-security backgrounds and is now headquartered in Austin, Texas.

How much funding has Portnox raised?

Portnox has raised $59.5M in total, including a $22M Series A (2022, Elsewhere Partners) and a $37.5M Series B (2025, Updata Partners).

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