SecuriThings raises $21M for its connected device management platform
Summary
USVP was joined in the round by Swisscom Ventures as well as existing investors Aleph, Firstime VC and Cresson Management.Tel Aviv-based SecuriThings provides a cloud platform that helps companies manage the surveillance cameras, smart locks and other internet of things products they use to secure their facilities. The startup says it has dozens of customers, including multiple Fortune 100 companies.The first device management task that SecuriThings platform promises to ease is ensuring cybersecurity requirements are met. To support companies troubleshooting efforts, SecuriThings platform collects data such as processor usage metrics from connected devices. Administrators can consult the collected data to more quickly find the root cause of a hardware malfunction and identify how it can be fixed.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, said SecuriThings Chief Executive Officer Roy Dagan. 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.SecuriThings will use the proceeds from its latest $21 million funding round to expand its go-to-market efforts.