Startup profile · funding coverage
Isovalent funding, valuation and investors
Creators of Cilium and Tetragon eBPF networking — acquired by Cisco in April 2024.
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Funding, valuation & investors
Answer-first snapshotLatest funding
Series B
$40M · September 2022
Latest known valuation
Not publicly disclosed
Total disclosed equity funding
$69M
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
acquired
acquired · Cupertino, California
Overview
Isovalent was a cloud-native networking and security company and the primary commercial steward of open-source projects Cilium (Kubernetes networking) and Tetragon (eBPF security observability). Founded by eBPF pioneers including CEO Liz Rice and CTO Thomas Graf, the company raised venture funding from Andreessen Horowitz, Google, Cisco, and others before Cisco announced its acquisition in December 2023 and completed it on April 12, 2024. Cisco integrated Isovalent technology into its Security Cloud and Nexus One fabric strategy.
Why Isovalent is interesting
Isovalent turned Linux kernel eBPF into the de facto cloud-native networking layer (Cilium) that AWS, Google, and Azure adopted — then Cisco bought the company to anchor Hypershield and multicloud security. a16z backed from Series A through acquisition.
Product & use cases
Isovalent commercialized Cilium for Kubernetes networking, security, and observability using eBPF in the Linux kernel, plus Tetragon for runtime security visibility. Enterprise offerings extended CNCF-graduated open source with support, distribution, and cloud integrations.
- Kubernetes cluster networking with identity-aware policies at scale
- Runtime security and observability via eBPF without sidecar overhead
- Multicloud workload connectivity integrated into Cisco Nexus One fabric post-acquisition
Key facts
- Acquired by Cisco — completed April 12, 2024 (Cisco newsroom)
- Series B (Sep 2022): $40M led by Thomvest; a16z, Google, Cisco participated
- Cilium is CNCF graduated; used by major cloud providers and AI/LLM Kubernetes workloads
- Acquisition price not publicly disclosed
Funding history (newest first)
Series B
2022-09 $40M- Thomvest Ventures (lead)
- Andreessen Horowitz (participant)
- Google (participant)
- Cisco (participant)
Series A
2020-11 $29M- Andreessen Horowitz (lead)
- Google (participant)
- Cisco (participant)
Investors in our directory
Funds linked from Isovalent's profile — open a fund page for stage focus and related deal articles.
Competitive landscape
Edge: Isovalent's team authored much of the eBPF and Cilium ecosystem — giving them credibility hyperscaler-backed rivals couldn't match. Strategic investors Google and Cisco participated before Cisco acquired the company, validating Cilium as infrastructure-grade.
Cloud-native networking converged on eBPF as Kubernetes scaled. Cilium won major cloud provider endorsements, making Isovalent acquisition bait for Cisco's security and multicloud push. Open-source continuity post-deal matters — Cisco pledged ongoing Cilium/Tetragon community support.
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Calico (Tigera) direct
Leading Kubernetes network policy alternative; different dataplane architecture (often iptables/IPAM vs Cilium's eBPF-native approach).
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HashiCorp Consul adjacent
Service mesh and service discovery; overlaps on east-west connectivity but not kernel-level eBPF networking.
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Datadog / Sysdig adjacent
Cloud observability and security vendors; compete for eBPF-based visibility budgets vs Isovalent's networking-first wedge.
Notable stories
- Cisco had already invested in Isovalent's Series A and B before acquiring the company — a classic strategic-vendor-to-buyer path in infrastructure.
- Post-acquisition, Isovalent's eBPF team became central to Cisco Hypershield and Nexus One fabric extensions for Kubernetes VM and pod networking.
Industries
FAQs about Isovalent
Practical answers founders, operators, and investors typically search for.
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