Company Research Report: NetRise

Company Overview

• Name: NetRise

• Mission: To address shortcomings in the device security market by focusing on firmware and software components.

• Founded: No information is available.

• Founders: Thomas Pace (Co-Founder & CEO) and Michael Scott (Co-Founder, CTO & Chief Scientist)

• Key People:

• Thomas Pace (Co-Founder & CEO)

• Michael Scott (Co-Founder, CTO & Chief Scientist)

• Board Members: Stuart McClure, Guy Filippelli

• Advisors: Alex Ionescu, J.J. Guy

• Headquarters: Austin, Texas, USA

• Number of Employees: No information is available.

• Revenue: No information is available.

• Known For: Providing automated, scalable firmware analysis and comprehensive software supply chain security solutions.

Products

• NetRise Platform:

• High-Level Description: A cloud-based, automated platform offering comprehensive insight into firmware and software component risks.

• Key Features:

• Complete software transparency with an industry-leading Software Bill of Materials (SBOM).

• Identification and prioritization of software risks, uncovering hidden vulnerabilities and non-CVE risks.

• Continuous monitoring and response to evolving software threats.

• Powerful analysis capabilities for firmware, containers, and Windows assets.

Recent Developments

• New Products Launched:

• No specific products were mentioned recently beyond platform expansions to containers and Windows assets.

• New Features Added:

• Expanded analysis capabilities for containers and Windows assets (August 7, 2024).

• Introduction of features for managing SBOMs and support for the CISA KEV Catalog (August 9, 2023).

• Partnerships:

• Partnered with Eclypsium to secure critical devices against supply chain risks (May 8, 2024).

• Collaboration with Medcrypt to revolutionize medical device security (August 22, 2023).

• Awards and Recognitions:

• Recognized as a CRN® 2024 Stellar Startup in the Security category (November 11, 2024).

• Received the 2023 Internet of Things Tech Trailblazer Award (November 29, 2023).

• Named a winner of the Global InfoSec Awards during RSA Conference 2024 (May 6, 2024).

• Contracts and Milestones:

• Awarded a $1.8M STTR Phase II contract from AFWERX to enhance software visibility and resilience for the Department of the Air Force (January 7, 2025).

NetRise continues to innovate in the field of software and firmware security, enhancing their platform's capabilities and expanding their industry reach through strategic partnerships and recognitions. Their commitment to addressing software supply chain security problems is reflected in their collaborations with various sectors, including manufacturing, automotive, and healthcare.