Funding round underscores the urgent need for enterprises to drive operational efficiency, reliability and security with an IoTOps platform
Israeli IT company SecuriThings announced it has raised a $21 million Series B funding round led by U.S. Venture Partners (USVP), bringing the company’s total amount raised to $39 million.
SecuriThings aims to redefine the way organizations manage and secure physical security devices at scale, by helping physical security teams ensure device performance while reducing costs. Its IoTOps platform provides real-time visibility, protection and predictive maintenance capabilities for IoT devices.
“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.”
With the new financing, SecuriThings will 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.