Tempered Networks Raises $15M For Industrial Network Security
Summary
Tempered Networks, which aims to improve network security at manufacturing and industrial facilities, said it raised $15 million from Ignition Partners and IDG Ventures. The company uses a networking protocol to “orchestrate” components of industrial systems and limit communication to trusted entities only, Mattes said in this November 2014 Xconomy profile. As part of the Series A funding, Ignition managing partner John Connors is joining Tempered’s board of directors. Tempered Networks plans to use the funding to accelerate hiring. It has 29 employees and plans to have perhaps double that number by the end of the year.
Funding
Amount
$20.1M
Total raised
Date
March 3, 2015
Announcement date
Investors
The Perkins Fund, IDG Ventures USA
Lead investors
Company
http://www.temperednetworks.com
Funded company
Classifications
industries
HealthTech
applications
Web and Content Management
AskAI Classifications
Labels
Content Marketing Software
SaaS
Web Analytics
Linked Companies
Shareaholic
$1M to $5M
Tempered
$1M to $5M