Barbara IoT Raises €2.5M in Funding
Summary
Barbara IoT, a Bilbao, Valencia, and Madrid, Spain-based provider of a cybersecurity operating system to protect industrial equipment, raised €2.5M in funding. The company intend sto use the funds to consolidate its leadership in the smart grid industry and to expand into new markets in the critical infrastructure sector. Led by David Purón and Isidro Nistal, Barbara IoT has created a cybersecure operating system that allows it to connect and protect industrial equipment with an anti-hacker shield. Through its software, the company collects data from sensors and industrial equipment, and runs artificial intelligence algorithms to detect anomalies or automate processes in real time. The technology allows real-time processing and data analysis in photovoltaic plants, high and medium voltage grids, as well as substations.
Funding
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