Ordr, a Santa Clara, CA-based that develops an AI-based systems control engine for the hyper-connected enterprise, raised an additional $40 million in series c
The round was led by Battery Ventures and Ten Eleven Ventures, with participation from Northgate Capital, Wing Venture Capital, Unusual Ventures, Kaiser Permanente Ventures, Mayo Clinic, René Bonvanie, Dan Warmenhoven, and Dominic Orr.
Ordr plans to use the Series C funding to accelerate its sales and marketing efforts, especially in vertical markets such as healthcare, where the company has been named a market leader in the Healthcare IoT security industry by analyst firm KLAS Research for three consecutive years.
Company: Ordr, Inc.
Round: Series C
Funding Month: June 2022
Lead Investors: Battery Ventures
Additional Investors: Northgate Capital, Wing Venture Capital, Unusual Ventures, Kaiser Permanente Ventures, Mayo Clinic, René Bonvanie, Dan Warmenhoven, and Dominic Orr
Company Website: https://ordr.net/
Software Category: AI-based systems Control Engine
About the Company: Led by CEO Greg Murphy, Ordr enables organizations to understand, manage, and secure connected devices in their environment, including the Internet of Medical Things (IoMT), Internet of Things (IoT), and Operation Technology (OT). Ordr Systems Control Engine uses deep packet inspection and advanced machine learning to discover every device, profile its risk and behavior, map all communications and protect it with automated policies. Organizations worldwide use it to provide real-time asset inventory, address risk and compliance and accelerate IT initiatives.