Neji

Neji

Business security and networking, and addresses issues related to scaling “distributed ledgers across hybrid-cloud and multi-cloud deployments.”.

HQ location
San Francisco, United States
Website
Launch date
Employees
Enterprise value
$2—3m
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Acquisition
Total Funding000k
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Neji, a San Francisco-based company founded in 2017 by Jong Hyeop Kim and Peter Lai, specialized in developing next-generation networking and security technologies. The firm operated as a provider of network appliances and computer software, targeting the business and productivity software market.

The company's core offering centered around software that included advanced networking protocols with built-in ethernet encryption. This technology was designed to create programmable networks capable of reducing traffic, optimizing performance, and increasing reliability. A key benefit for users was the ability to easily reprogram their network infrastructure and enhance flow control.

Neji secured a total of $850K in funding over two seed rounds, with ZMT Capital listed as an institutional investor. The first seed round took place on December 28, 2017, for $350K, followed by a second round on March 6, 2018, for $500K. Another source reports a total of $2.8M raised, with a seed round of $1.95M on December 1, 2017. The company was ultimately acquired by Brex in a merger and acquisition deal on March 24, 2020.

Keywords: network security, programmable networks, ethernet encryption, network appliances, networking protocols, flow control optimization, network traffic reduction, network reliability, network infrastructure software, software defined networking, enterprise networking, network performance, seed funding, venture capital, acquired startup, Jong Hyeop Kim, Peter Lai, ZMT Capital, Brex acquisition

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