Local investors part of Network Perception’s Series A

Chicago cybersecurity firm Network Perception has raised a $13 million Series A round, bringing its total funding to about $15.7 million.

The financing was led by Menlo Park’s The Westly Group and included funds from existing investors Energy Impact Partners of New York, Serra Ventures of Champaign, Ill., Okapi Venture Capital of Laguna Beach and others, officials announced May 3.

When Okapi invested in Network Perception’s $2.7 million seed round in 2020, Partner Jeff Bocan said the company “is delivering a crucial software solution to help protect the integrity, reliability and safety of our electrical grid from the persistent and emerging threats that put it at risk.”

Launched in 2014, Network Perception develops operating technology and cybersecurity solutions for enterprises. The new funds will help the firm expand its services to new industries and markets and form new partnerships, officials said.