SecuriThings
SecuriThings, an Israeli startup that provides real-time visibility, protection and predictive maintenance capabilities for IoT devices, raised a $21 million Series B funding round led by U.S. Venture Partners (USVP) and participation from Swisscom Ventures. This brings the company’s total investment to $39 million to date.
The company boasts that its SecuriThings Horizon is the first software-only solution to automate the operational management of large-scale IoT deployments.
IoT is the Internet of Things. This may sound redundant, after all the entire Internet is abbot things. But Iot refers specifically to devices and systems that exchange data over the Internet. And Investopedia explains that Operations management (OM) is the administration of business practices to create the highest level of efficiency possible within an organization. It is concerned with converting materials and labor into goods and services as efficiently as possible to maximize the profit of an organization.
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SecuriThings intends to now invest heavily in driving go-to-market plans in North America and globally, including growing its partner ecosystem. The company will also accelerate R&D and product development of its industry-leading platform, creating new features to expand its capabilities while adding support for additional types of devices.
Founded in 2016, SecuriThings declares that it is redefining the way organizations manage and secure IoT devices at scale. The company’s Horizon platform provides real-time security and operational efficiency to improve system availability, organizational compliance, and cyber protection while reducing costs and streamlining future planning. SecuriThings boasts that its advanced technology enables automation, analytics and actionable alerts so a client’s fleet of iot devices is fully operational and secure.
“Most enterprises have hundreds to many thousands of physical security devices to protect their people, property and IP, as well as to comply with legal and regulatory requirements. The volume and complexity of managing all these devices is incredibly challenging,” said Roy Dagan, CEO of SecuriThings. “What makes our IoTOps platform a game-changer is that it is enabling physical security teams across various industries and organization sizes, including multiple Fortune 100 companies, to bring IT standards to all of their devices. These teams are moving to the forefront of their organization as leaders educating on best practices for device management and operations.”
