Investment will drive product development velocity, go-to-market initiatives, and other key corporate strategies.

AUGUSTA, Ga., Oct. 16, 2025 — Conceal, the pioneer in browser-native Security Service Edge (SSE) and proxy-less Zero Trust Network Access (ZTNA) technology, today announced the closing of a $26 million Series B funding round led by Two Bear Capital, with continued support from Allegis Cyber and Gula Tech Adventures.

The new investment will accelerate product development, expand go-to-market initiatives, and grow the Conceal team. This will support the company’s mission to help enterprises deliver trusted access and in-browser security to employees and third-party contractors wherever they are located.

“We are thrilled to have Two Bear Capital lead this newest investment in our vision to change the way organizations reach their zero-trust and browser security goals,” said Eric Cornelius, CEO of Conceal. “For years, organizations have relied on inefficient methods of delivering secure access and browser protection, often leaving gaping holes that attackers could exploit. Our direct approach to zero trust and in-browser security finally delivers on the promise of tech-stack consolidation, driving out complexity, cost, and friction.”

“Conceal’s browser-native approach represents a major shift in how enterprises deliver secure access,” said Mike Goguen, Founder and Managing Partner at Two Bear Capital. “They are addressing one of cybersecurity’s biggest challenges, simplifying secure connectivity without sacrificing control and doing it in a way that scales naturally with how people work today. Conceal is a great addition to the Two Bear Capital portfolio and we look forward to working with its leadership team to support the company’s dynamic growth.”

The investment comes at a time when organizations are reevaluating legacy VPNs, proxies, and cloud-routed SSE solutions that add latency, cost, and operational complexity. Conceal’s browser-native approach is leading a growing industry shift toward lightweight, direct-to-browser security.

The Conceal Approach to Zero Trust and Browser Security

Today, most organizations maintain two complicated technology stacks to deliver connectivity and security. While many cybersecurity vendors focus on consolidating the security stack, the connectivity stack, often a significant source of cost and complexity, remains largely untouched.

With the Conceal Browser-Native SSE Platform, organizations can consolidate both into a single platform, allowing them to reallocate budgets and scarce human resources to other critical priorities.

Through advanced in-browser technology, Conceal delivers direct connections to applications while eliminating the need for complicated connectivity products such as VPNs, VDIs, and proxies. Unlike “enterprise browsers,” Conceal doesn’t require installing yet another browser; its intelligent extension works seamlessly with any existing one.

For unmanaged devices, users log into the Conceal Console, where they receive secure, policy-based access to the private resources they’re authorized to use without installing software locally.

Security and IT teams gain complete visibility into user activity and threats, with pre-built integrations that stream data into SIEM/XDR platforms and commonly used tools such as Splunk, SOAR, and BI solutions. Conceal also provides executive-level reports showing the platform’s measurable value and risk reduction.

To learn more about Conceal and its approach to Zero Trust and Browser Security, read the blog from CEO Eric Cornelius and register for the upcoming webinar.

About Conceal
Conceal delivers a Browser-Native Security Service Edge (SSE) platform that provides Zero Trust Access and in-browser security without relying on VPNs, proxies, or datacenter-routed traffic. Conceal enables secure, direct access to any application from any device, helping organizations reduce complexity, cost, and risk. For more information, visit conceal.io.

About Two Bear Capital
Founded in 2019 by Mike Goguen, Two Bear Capital is a venture capital firm investing in brilliant entrepreneurs with breakthrough solutions to complex and critical problems. With its unique approach to venture capital, Two Bear Capital’s vision is to build enduring, high-impact businesses that benefit society while delivering for investors. The firm primarily focuses on early founder-led companies with disruptive life sciences and technology innovations. Two Bear Capital has offices in Menlo Park, San Diego, Boston, and New York, with its home base in Whitefish, Montana. For more information, visit: www.twobearcapital.com.

Media Contact:
[email protected] | conceal.io

SOURCE Conceal

Insight Partners-led funding will accelerate ExaCare AI’s development of intelligent decisioning, clinical insight, reimbursement automation, and go-to-market expansion; ExaCare AI also announces five new advisors to guide product roadmap.

NEW YORK, Oct. 16, 2025 — ExaCare AI, a trailblazer in automation for operations teams in post-acute care facilities, today announced a $30 million Series A round led by global software investor Insight Partners, with participation from Foundation Capital, Bienville Capital, and select post-acute operators. The new capital will scale ExaCare’s AI platform for skilled nursing facilities and expand product, engineering, and customer support. ExaCare AI powers 1500+ facilities, including customers such as National Healthcare Associates, Journey Healthcare, Ignite Medical Resorts, Monarch Healthcare Management, and Majestic Care.

Across post-acute care, admissions teams are under pressure to make life-changing decisions in minutes often with incomplete information. Referral packets arrive as vast, unstructured documents, leading to clinical deal breakers getting buried, slow and inconsistent communication with referral sources, increased wait times for patients and families, operator revenue loss, and staff burnout. ExaCare AI exists to change this reality.

ExaCare AI enables skilled nursing facilities to make decisions faster and with greater confidence the moment a referral arrives. The platform ingests unstructured packets, surfaces clinical deal breakers, highlights risk and readiness signals, standardizes criteria across teams and shifts, and streamlines communication to reduce back and forth. The goal is safe, confident placements with less administrative burden.

“Our vision is to build an AI operating system for all of post-acute,” said Laird Russell, Co-founder and CEO of ExaCare AI. “Powerful AI agents will work alongside every team to turn scattered data into clear next steps. When every decision is auditable, every handoff is complete, and every workflow adapts in real time, caregivers can focus entirely on people and outcomes. I spent three and a half years with a brain injury in and out of medical care. Creating this new world is personal for me, and it is why we are investing deeply in proprietary models that are purpose built for this setting.”

“Post-acute providers operate under razor-thin margins and chronic staffing shortages, which have a real impact on health outcomes,” said George Mathew, Managing Director at Insight Partners. “ExaCare’s agentic AI platform is addressing this head-on by making admissions simpler, more reliable, and measurably faster for operators and the people they serve. Laird and the ExaCare AI team are relentless in their mission to improve post-acute care, and we’re thrilled to back them on their journey.”

In addition to the Series A, ExaCare is also announcing five new advisors who will help guide the company’s product roadmap with deep domain expertise, working hand-in-hand with ExaCare to build a custom-fit platform with features that matter the most to clinicians, caregivers, and administrators. ExaCare is pleased to welcome:

• Ephram Ostreicher, Chief Operating Officer at National Healthcare Associates
• Bernie McGuinness, President and CEO at Journey
• Austin Steele, Chief Strategy Officer at Journey
• Tim Fields, Co-founder and CEO at Ignite Medical Resorts
• Renee Pruzansky, Vice President of Strategy and Business Development at Infinite Care

Introducing ExaCare AI Agents: A New Workforce for Skilled Nursing

ExaCare AI is building a breakthrough AI model purpose-built for post-acute care. It understands referral packets, payer rules, care histories, and the clinical signals that matter most during admission, allowing facilities to move from reactive processes to proactive, data-driven operations grounded in real-time insight. This foundation will power a suite of AI agents that work alongside care teams to streamline decisions and documentation, creating a connected system that reduces paperwork, improves consistency, and gives staff more time for patient care.

Each agent focuses on a specific part of the workflow:

• Admissions Agent: Triage referral packets, extract critical clinical information, align to facility criteria, and recommend disposition with clear rationales and audit trails.
• Reimbursement Agent: Guide documentation and coding for accurate, timely reimbursement across Medicare, Medicaid, and managed care. Reduce denials with proactive validation, completeness checks, and evidence collection.
• Clinical Agent: Surface prior care history, current conditions, and likely care pathways. Retrieve a richer clinical history by searching across hundreds of thousands of care providers so teams see the full picture and deliver the right care at the right time.
• Survey Readiness Agent: Monitor for common deficiency risks, flag documentation gaps, and provide templates and checklists that keep teams inspection ready.
• Documentation Agent: Standardize forms and notes, attach the right supporting evidence, and maintain a clean, reviewable record from first touch through discharge.

All agents are built with auditability, role based controls, and safeguards that respect privacy and security requirements. The intent is simple. Reduce the documentation mess, return the focus to patient care, and use the thousands of data points before and after admission to match each person to the right care and the best possible outcome.

Announcing ExaCare AI Summit

ExaCare AI will host the ExaCare AI Summit on April 26, 2026 at The Phoenician in Scottsdale, Arizona. The company will bring together the most innovative CEOs and industry leaders in skilled nursing and long-term care to launch and celebrate the future of AI in the sector. Attendees can expect:

• Keynotes and panels with operators, clinicians, payors, and technologists
• Live demos of ExaCare AI Agents and customer case studies
• Working sessions on admissions acceleration, reimbursement accuracy, and survey readiness

More details and registration will follow.

About ExaCare AI

ExaCare AI is the agentic solution for post-acute admissions. Purpose built for skilled nursing facilities, ExaCare ingests referral data, surfaces critical insights, and standardizes decisioning so teams can say “yes” faster and start care sooner. Learn more at www.exacare.com.

About Insight Partners

Insight Partners is a global software investor partnering with high-growth technology, software, and Internet startup and ScaleUp companies that are driving transformative change in their industries. As of June 30, 2025, the firm has over $90B in regulatory assets under management. Insight Partners has invested in more than 875 companies worldwide and has seen over 55 portfolio companies achieve an IPO. Headquartered in New York City, Insight has a global presence with leadership in London, Tel Aviv, and the Bay Area. Insight’s mission is to find, fund, and work successfully with visionary executives, providing them with tailored, hands-on software expertise along their growth journey, from their first investment to IPO. For more information on Insight and all its investments, visit insightpartners.com or follow us on X @insightpartners.

About Foundation Capital

Foundation Capital is an early-stage venture firm that partners with founders at “day zero,” backing companies across three practice areas: Enterprise AI, Fintech, and Crypto. The firm’s approach centers on going early, building deep conviction, and providing high-touch support. The firm is presently making early stage investments out of its Flagship Fund 11, a $600M vehicle announced in March 2025. Since its 1995 founding, dozens of Foundation Capital portfolio companies have gone on to successful IPOs and ICOs. Learn more at foundationcapital.com or follow on X @FoundationCap.

About Bienville Capital

Bienville Capital is an idea-centric investment platform investing across sectors and geographies in both public and private markets. Founded in 2008, Bienville partners with entrepreneurs, investors and families to identify differentiated opportunities that have the potential to drive long-term value creation. The firm’s collaborative culture and multi-asset approach enable it to pursue opportunities globally across a range of strategies. Bienville is headquartered in New York, NY and as of June 30, 2025, manages over $4.5B. Learn more at www.bienvillecapital.com.

SOURCE ExaCare AI

Funding will expand AI-powered platform to mobile research and scale team to meet demand from Fortune 500 and high-growth companies

NEW YORK, Oct. 16, 2025 — Strella, the AI-powered customer research platform, today announced that it has raised $14 million in Series A funding, led by Bessemer Venture Partners with participation from Decibel Partners, Bain Future Backed Ventures, MVP Ventures and 645 Ventures.

The investment will allow Strella to expand its platform to mobile customer research and accelerate engineering team growth – enabling new research methodologies that leverage Strella’s AI capabilities.

Emerging from stealth in October 2024, Strella is building the AI-native platform to democratize customer research across organizations. Traditional customer research remains a weeks-long manual process. Strella addresses this gap by incorporating AI into the most tedious parts of the research process.

“We built Strella to make research faster, smarter, and more human — proving that teams no longer have to choose between speed and depth. By combining AI with human insight, we’re creating a new standard where qualitative research is continuous, scalable, and empowers confident decisions at every level of an organization.” Lydia Hylton CEO, Co-founder

Strella has experienced explosive growth, quadrupling its customer base and increasing revenue tenfold since coming out of stealth. The platform now serves leading companies, including Amazon, Duolingo, Apollo GraphQL, and Chobani, collectively conducting thousands of interviews, delivering a 90% average time savings on manual research work.

“Before Strella, studies took weeks. Now we get insights in a day — sometimes in just a few hours. And because participants open up more with the AI moderator, the feedback is deeper and more honest. Research is now faster, richer, and easier to access across our team.” Brian Santiago, Sr Product Design Manager, Apollo GraphQL.

“Strella makes it possible to do user interviews at a scale, speed, and cost that was impossible before LLMs and also expands the universe of use cases (customers are creative!). This macro trend combined with ever-improving voice models places Strella at the center of multiple compelling technological tailwinds,” said Lindsey Li, Vice President at Bessemer Venture Partners. “We are especially impressed by the team’s combination of technical depth and commercial expertise, and by Strella’s ability to unite AI with human insight. The team is setting a new standard for qualitative research.”

About Strella
Strella is an AI-powered customer research platform that enables teams to conduct hundreds of in-depth user interviews in hours instead of weeks. The platform’s AI moderator adapts in real-time to participant responses, probing deeper like skilled researchers to uncover the ‘why’ behind user behavior. By combining survey speed with interview depth, Strella delivers 10x faster insights while maintaining the nuanced understanding of traditional qualitative research. Used by Fortune 500 companies and fast-growing startups, Strella helps teams validate ideas and understand customer needs — transforming weeks of manual research into insights overnight.

Contact: 
David Rubies
[email protected]

SOURCE Strella

ORANGE, Calif., Oct. 16, 2025 — Assistive Technology Development, Inc. (ATDev), a pioneer in AI-enabled, high-performance rehabilitation and personal mobility solutions, announced today that it has raised $3 million in Seed funding. The round was led by Dobrzelecki Legacy Ventures, with participation from Uphonest Capital, The Life Science Angels, and other industry expert angels.

“This investment is a major milestone in our mission to deliver mobility for all, empowering people of every ability to live independently through cutting-edge, affordable technology,” said Todd Roberts, CEO and co-founder of ATDev. “We’re thrilled to have partners who share our belief that access to movement is a fundamental human right.”

Reimagining Independent Mobility

ATDev’s mobility ecosystem combines robotics, wearable technology, and telehealth to support independence at any level of physical ability. Its flagship device, Reflex, is a smart, at-home knee rehabilitation robot that brings high-quality physical therapy into the home environment.

Meeting a Growing National Need

More than 61 million Americans live with disabilities, and 10,000 Americans turn 65 each day. The demand for affordable, reliable assistive mobility solutions is growing rapidly. Yet, traditional technologies are often bulky, expensive, and ill-suited for modern, independent living.

“Our long-term vision is a world where ability is never limited by cost or infrastructure,” said Owen Kent, CMO and co-founder of ATDev. “This capital helps us bring that vision to life faster, for millions of people.”

About Assistive Technology Development, Inc. (ATDev)

Founded in 2020 and spun out of UC Berkeley, ATDev is an assistive technology startup building an ecosystem of robotic personal mobility devices.

Learn more at assistivetech.dev

Media Contact:
Owen Kent
Chief Marketing Officer and Co-Founder
[email protected]

SOURCE ATDev

NEW YORK, Oct. 16, 2025 — Temple Digital Group announced that it successfully raised a $5M seed round to build a privacy focused trading platform for digital assets on the Canton Network.

The round was led by Paper Ventures and included participation from YZi, CMT Digital, Sfermion, Halo Capital, Protagonist, 5N Canton, Eterna Capital, AMA, GSR, Selini, Presto and G20.

Temple leverages Canton ‘s privacy-preserving architecture to deliver 24/7 markets with built-in compliance and connectivity to the broader digital-asset economy. The platform combines features of traditional electronic trading systems—such as automated order routing, all-to-all liquidity, and post-trade reporting—with blockchain innovations such as instant settlement, tokenization, and non-custodial wallets.

With the new funding, Temple plans to expand its product lines to support additional assets, financial instruments, and integrations across blockchain networks.

The Canton Network, whose development group, Digital Asset, recently raised 135M,has built a new technical stack to update the international financial system in collaboration with the world ‘s largest institutions. Canton Network is already conducting trillions in monthly volume from products launched by major partners such as Goldman Sachs, Broadridge, BNP Paribas, and more.

Designed to meet institutional standards for privacy and compliance, Canton provides additional privacy and compliance features for capital markets —offering capabilities that networks like Ethereum and Solana cannot natively support.

The company ‘s leadership team— Evan Varsamis (CEO) and Dan Simerman (CSO) —bring deep experience in digital assets, trading systems, and decentralized networks. The duo see Canton as ‘An Open Institutional Network ‘ where anyone can access and build technology for the new financial system.

“We see an incredible opportunity to develop new financial primitives with and for large institutions ready to participate in digital asset markets” said Evan Varasmis, CEO and co-founder of Temple. “We want Temple to be a core trading engine for use cases that have traditionally been inaccessible on decentralized networks.”

About Temple Digital Group

Temple Digital Group is an infrastructure development company building a privacy focused technical stack to trade capital markets on the Canton Network.

Media Contact

Dan Simerman 
[email protected]
templedigitalgroup.com
(201) 540-9430

SOURCE Temple Digital Group

The expansion will add 12,000 square feet of covered bay space and 3,000 square feet of indoor workspace 

RESEARCH TRIANGLE PARK, N.C., Oct. 16, 2025 — RTI International, an independent scientific research institute, today celebrated the start of a project that will more than double the size of its RTI Pilot Xcelerator (RPX), a plug-and-play demonstration facility at its Research Triangle Park campus that helps government agencies, commercial partners and startup companies scale, engineer and test transformative energy and industrial innovations.

The expansion of the RPX will add 12,000 square feet of covered bay space and 3,000 square feet of indoor workspace, control rooms and staff amenities, resulting in over 25,000 square feet of space dedicated to pilot-scale technology demonstration. The upgraded facility is expected to open in 2026 and will enhance RTI’s ability to help clients validate the performance of new technologies under real-world conditions.

“The RTI Pilot Xcelerator brings our mission to life, helping transform bold scientific ideas into real-world solutions that tackle society’s toughest challenges,” said RTI President and CEO Tim J. Gabel. “We’re proud to be investing in the infrastructure that allows science to move faster and farther.”

RPX is the only privately owned energy pilot laboratory in North Carolina and one of the few in the U.S. To date, it has been used to develop and scale technologies that convert agricultural waste into biofuels, capture carbon emissions and produce low carbon intensity aviation fuels.

“Today’s groundbreaking reflects our commitment to advancing energy innovation,” said David Dausch, Ph.D., Vice President, Engineering and Advanced Technology at RTI. “Taking emerging energy technologies from concept to commercial readiness is a major challenge. By expanding RPX, we’re creating a more robust environment to help clients bridge the gap between laboratory prototype and real-world impact.”

The expanded RPX will feature configurable bays for process skids and dedicated control rooms for real-time monitoring. It will also be fully connected to the utilities, bulk gas supply, and other infrastructure needed to support advanced testing and scale-up. A planned adjacent solar field will enable behind-the-meter integration for renewable energy demonstrations.

“The RPX expansion builds on the success of the original facility established in 2013, which has supported partnerships with government agencies and commercial clients,” said Sameer Parvathikar, Ph.D., Program Director of RPX and the Senior Director of Sustainable Energy Solutions at RTI. “This next chapter opens the door to even more collaborations with clients tackling the toughest energy and industrial challenges.”

In June 2025, Aether Fuels, a sustainable fuels technology company, announced a project to demonstrate its breakthrough Aether Aurora™ sustainable aviation fuel at RPX. Other recent clients include Syzygy Plasmonics, which successfully demonstrated an all-electric CO2-to-fuel production pathway, and Lydian Labs, which conducted a successful pilot demonstration of its e-Reforming technology for producing sustainable aviation fuel.

Learn more about the RTI Pilot Xcelerator

Insights Blog: RTI Pilot Xcelerator: Transforming Energy Innovations through Scale-up and Commercialization

Media Contact:
RTI Media Relations
919-541-7300
[email protected]

SOURCE RTI International

Funding led by Bayland Capital , with participation from GTJA Investment Group , Proxima Ventures , Lapam Capital , and Grains Valley Venture Capital

SAN JOSE, Calif., Oct. 16, 2025 — BridGene Biosciences, Inc., a leader in the discovery and development of small molecule drugs for traditionally “hard-to-drug” targets, today announced the recent completion of a $28 million Series B+ financing round. The round was led by Bayland Capital, with participation from GTJA Investment Group, Proxima Ventures, and existing investors Lapam Capital and Grains Valley Venture Capital.

Proceeds from the financing will be used to advance BGC-515, a covalent TEAD inhibitor for solid tumors, through ongoing clinical development and toward Phase 2. The funding will also support the company’s second program, expected to enter the clinic in 2027, and accelerate the development of additional programs in oncology and autoimmune diseases. In addition, the financing enhances BridGene’s capacity to expand strategic collaborations and further validate the broad applicability of its proprietary IMTAC™ chemoproteomic platform across oncology, immunology, and neurology.

“Our recent financing provides important resources to advance our lead program, BGC-515, a covalent TEAD inhibitor, through Phase 2 clinical development,” said Ping Cao, Ph.D., CEO and co-founder of BridGene Biosciences. “This funding will also enable us to progress additional pipeline programs toward the clinic and further expand the reach of our IMTAC™ chemoproteomic platform through strategic collaborations, as we continue to translate our discoveries into transformative therapies for patients.”

“We are excited to lead this financing round for BridGene Biosciences,” said Yuexing Su, Founding Partner of Bayland Capital. “BridGene’s IMTAC™ platform represents a powerful and differentiated approach to drug discovery, enabling the company to discover small molecules against traditionally undruggable target s. With a growing pipeline led by the covalent TEAD inhibitor BGC-515 and multiple follow-on programs across oncology and autoimmune diseases, we believe BridGene is well positioned to deliver transformative therapies to patients and generate substantial value in the biopharmaceutical field.”

About BridGene Biosciences
BridGene Biosciences is a biotechnology company pioneering the discovery and development of innovative small-molecule drugs that target traditionally undruggable targets. Leveraging its proprietary IMTAC™ (Isobaric Mass-Tagged Affinity Characterization) chemoproteomic platform, BridGene screens covalent small molecules against the entire proteome in live cells to identify novel binding sites and drug candidates for high-value targets.

The company is advancing a diversified pipeline led by BGC-515, a covalent TEAD inhibitor currently in clinical development for solid tumors, along with additional programs in oncology and autoimmune diseases. BridGene’s approach integrates deep chemical biology with translational insight to unlock new therapeutic opportunities and bring transformative medicines to patients.

For more information, visit https://bridgenebio.com/ .

About Bayland Capital
Founded in 2019, Bayland Capital is an investment firm specializing in the healthcare and life sciences sectors. It serves as the exclusive investment platform of Pharmaron, a leading global provider of life sciences services. Leveraging deep industry insights, Bayland Capital seeks global investment opportunities in innovative drug R&D platforms, novel therapeutics and medical devices. Bayland’s mission is to enhance human health by integrating life sciences, the healthcare industry and capital markets. Bayland’s vision is to become a leading global healthcare investor, driving biomedical innovation.

About GTJA Investment Group
Founded in Shenzhen in 2001, GTJA INVESTMENT GROUP (GIG) is dedicated to investment in the healthcare industry with a focus on strategic equity investment. GIG is involved in all the investment stages which include PIPE, M&A, PE, VC, and angel investment. GIG has the largest healthcare investment team in China, and has an AUM of US$3.3bn. GIG has invested in more than 160 companies, 110 of which are in the healthcare industry, 41 portfolio companies went IPO. GIG’s global impact is sustained through our branches in HongKong, Shenzhen, Shanghai, Beijing, and other major cities worldwide. GIG is in the process of growing into an investment group with global vision and impact.

About Proxima Ventures
Proxima Ventures is a respected VC fund focused on investing in innovative and disruptive medical and bio- technologies, dedicated to serving outstanding and innovative companies with tremendous potential for growth. Proxima Ventures is run by a highly experienced team with proven track record in the life science industries. The team has broad global knowledge, in-depth experience, and an extensive industry network. Currently, Proxima has multiple Chinese Yuan (RMB) and USD funds under its management, investing in angel to growth stage companies. Proxima Ventures has established a leading medical entrepreneurship ecosystem, helped its portfolio companies connect with high-quality clinical and industrial resources, and achieved remarkable results.

About Grains Valley Venture Capital
Since its establishment in 2012, Grains Valley has focused on early-stage venture capital investments in cutting-edge technologies including information technology, life sciences, artificial intelligence, and clean technology. With assets under management exceeding RMB 3 billion, the firm has invested in over 50 companies, including notable names such as Hello Inc. and CloudMinds. Adhering to in-depth sector research and long-term collaboration as its core philosophy,  Our vision is Empowering humanity’s exploration of new frontiers in technological civilization.

Contact
Tiberend Strategic Advisors, Inc.
Jonathan Nugent (investors)
205-566-3026
[email protected]

Eric Reiss (media)
[email protected]

SOURCE BridGene Biosciences

Oversubscribed round reflects surging enterprise demand for device management and security in private LTE/5G deployments. 

BOSTON, Oct. 16, 2025 — OneLayer, the leader in private LTE/5G OT management and Zero Trust security, today announced it has closed a $28 million Series A round led by Maor Investments with participation from McRock Capital, Chevron Technology Ventures and existing investors Viola Ventures, Grove Ventures and Koch Disruptive Technologies. 

The Series A round brings total funding to more than $43 million, enabling OneLayer to accelerate its go-to-market motions and expand product capabilities as enterprises rapidly adopt private cellular networks for critical operations. The investment reflects the company’s explosive growth, with 6X growth last year and 3X growth this year backed by a strong customer pipeline extending through 2026. 

“Private 5G represents a massive market opportunity, with enterprise demand far outpacing the industry’s ability to deliver simple, secure solutions,” said Ido Hart, Partner at Maor. “OneLayer solves this by translating cellular networks into enterprise IT language, eliminating the need for specialized cellular expertise. At its core, OneLayer is building the essential infrastructure layer that will make private 5G as ubiquitous as WiFi or any LAN.” 

OneLayer’s mission is to secure and manage all private cellular network devices with enterprise-grade capabilities while eliminating the need for specialized cellular expertise. The company’s platform transforms private cellular environments from operational silos into integrated enterprise networks, providing complete device visibility, security, and control through familiar IT management tools.

The funding round was highly competitive and oversubscribed, reflecting strong investor confidence in OneLayer’s vision and proven momentum. OneLayer has demonstrated significant market traction across multiple verticals, including utilities, manufacturing, mining, airports, and critical infrastructure, with proven deployments spanning across North America, Europe and Latin America. This includes major expansions at leading fortune 100 manufacturers, with enterprises scaling from initial deployments to comprehensive multi-site deployments spanning numerous facilities. 

“Enterprises are deploying private cellular networks at unprecedented scale, but they’re struggling with device visibility, security gaps, and operational complexity that didn’t exist with traditional IT infrastructure,” said Dave Mor, CEO and Co-Founder of OneLayer. “The demand for solutions that bridge this gap is explosive, customers need to manage thousands of cellular-connected devices with the same confidence and control they have over their existing IT assets.” 

“OneLayer enables secure private 5G for industrial automation and autonomy – the foundation Industrial AI needs to scale,” said Scott MacDonald, Co-founder & Managing Partner of McRock Capital. “Private cellular networks represent the next wave of digital transformation, but connectivity without security is a house of cards. OneLayer provides the missing layer of trust that enterprises need to adopt private 5G with confidence.” 

“OneLayer’s software platform holds promise to improve private cellular network reliability and integration for industrial companies, offering better visibility, cost efficiency and security,” said Jim Gable, Vice President of Innovation within Chevron’s Technology, Projects and Execution division and President of Technology Ventures at Chevron. “This is the latest investment from our Core Venture Fund, which focuses on high-growth startups and breakthrough technologies that have the potential to improve Chevron’s core businesses, as well as create new opportunities for growth. We welcome OneLayer to the portfolio.”

OneLayer’s platform has proven essential for organizations deploying private LTE and 5G networks at scale. Notable deployments include: 

• Southern Linc’s regional LTE network spanning 122,000 square miles across Alabama, Georgia, and southeastern Mississippi, supporting diverse devices from grid control systems to mission-critical push-to-talk services.

• Evergy’s private LTE network, built to eventually cover their 1.7 million customers in Kansas and Missouri; currently supporting thousands of devices, including Internet of Things (IoT) sensors, smart meters, OT and other cellular devices. 

• Latin America mining operations where OneLayer enabled automated processes, improved operational efficiency, and secure deployment of new production sites through comprehensive device discovery, classification, and network segmentation.

OneLayer’s comprehensive partner ecosystem spans the entire private cellular value chain, from cellular leaders Nokia and Ericsson to leading cellular router manufacturers Digi, Cradlepoint, and Multitech; CMDBs ServiceNow and SolarWinds; channel partners and integrators World Wide Technology (WWT), Burns & McDonnell (B&M), Anterix, and Future Technologies; and leading cybersecurity vendors such as Palo Alto Networks, Fortinet, Checkpoint, Claroty, and more.   

Adding to the strong revenues from its expanding customer base, the company will use the Series A funding to: 

• Accelerate go-to-market initiatives in response to surging enterprise demand 

• Expand product capabilities to provide customers a platform that solves their critical operational pains 

• Scale geographic expansion beyond North America following successful entry into Latin American markets, and further expand European operations 

OneLayer’s growth reflects the broader market transformation as private cellular networks evolve from carrier-grade infrastructure to enterprise-managed networks. With partnerships across major 5G vendors and proven success in critical verticals and leading enterprises, OneLayer has become the defacto solution for managing and securing the rapidly expanding private cellular market. 

About OneLayer 
OneLayer provides advanced asset management, operational intelligence, and Zero Trust security for private LTE and 5G networks. Its technology empowers enterprises to manage their cellular networks seamlessly without the need for cellular expertise. For more information, visit www.onelayer.com. 

Stay Current:
Subscribe to OneLayer’s Investor Newsletter

Media Contact: 
Mor Ben-Horin 
[email protected]

Photo: https://mma.prnewswire.com/media/2798108/OneLayer_Co_Founders.jpg
Logo: https://mma.prnewswire.com/media/2455348/OneLayer_Logo.jpg

SOURCE OneLayer

• With $1 billion in insured value, Stand brings mitigation-first coverage to the largest catastrophe market in the U.S.

SAN FRANCISCO, Oct. 16, 2025 — Stand, the company reimagining insurance for catastrophe-exposed properties, today announced the close of its $35 million Series B funding round. The round was led by Eclipse, alongside previous investors Inspired Capital, Lowercarbon Capital, and Equal Ventures. Since its launch just over a year ago, Stand has grown rapidly, underwriting $1 billion in insured value in its first market, wildfire-exposed California.

The new funding will support Stand’s expansion into Florida, one of the largest and most volatile catastrophe markets in the United States. According to NOAA, the state has experienced 94 separate billion-dollar disasters since 1980, with the last seven events alone resulting in more than $1 trillion in losses. Citizens Property Insurance Corporation, Florida’s state-run insurer of last resort, currently holds nearly $300 billion in exposure, underscoring both the scale of the market and the urgent need for sustainable private capacity.

“Insurance should play a central role in creating resilient communities,” says Dan Preston, co-founder and CEO of Stand. “The scale of risk in Florida demands a new model: One that links coverage to hardening homes against wind storms. That’s what Stand is building. By expanding into the largest catastrophe market in the country, we’re working hard to make this a reality for the world’s property owners.”

Stand’s approach to insurance is rooted in resilience. By linking coverage to mitigation upgrades, such as hardening homes against wind, fire, and flood, Stand helps homeowners reduce their risk while lowering costs over time. Stand’s underwriting is informed by physics-based models, first applied to wildfire and now extended to wind, offering a more precise view and clear assessment of how structures withstand extreme weather events.

Damage due to weather-related catastrophes have topped $146 billion per year on average in the US over the last decade, while access to insurance coverage has diminished. Insurers are departing states worst-hit by disasters and hundreds of thousands of homeowners have been left without coverage after large insurers either cancelled policies or denied renewals.

“Over the last 10 years, U.S. weather disasters have caused over $1.4 trillion in losses — with less than half insured,” said Aidan Madigan-Curtis, Eclipse partner and board director at Stand. “Rising costs and shrinking coverage are leaving American families exposed. Eclipse’s $30M investment in Stand reflects our conviction that resilience is the future, giving property owners the tools to safeguard their properties and their futures.”

Led by industry veterans with decades of experience across insurance, technology, and applied science, and backed by top investors and reinsurers, Stand is recognized for outstanding claims management and customer service. With operations now spanning California and Florida, Stand is scaling its mission to protect homes in the world’s most catastrophe-prone regions.

Please visit standinsurance.com for additional details.

For inquiries, please email: [email protected]

SOURCE Stand Insurance