Viakoo, a Mountain View, California-based cyber security startup, secured $10 million in Series A funding to make IoT vulnerability management more scalable through automation.
The round was led by Shasta Ventures, with participation from Stanley Black & Decker, PivotNorth Capital, and Blue Fog Capital.
These investments bring the total funding raised by the startup to $11.9 million, allowing Viakoo to expand its executive leadership, as well as to boost product development and go-to-market efforts.
Company: Viakoo Inc.
Raised: $10.0M
Round: Series A
Funding Month: October 2021
Lead Investors: Shasta Ventures
Additional Investors: Stanley Black & Decker, PivotNorth Capital, and Blue Fog Capital
Company Website: https://www.viakoo.com/
Software Category: Automated cyber hygiene and service assurance for unmanaged and IoT devices
About the Company: Viakoo was founded with the mission to increase the security of IoT devices by facilitating the management of outdated systems, reducing the number of attack vectors available to hackers. Viakoo Action Platform with automated firmware patching, certificate management, password enforcement, and service assurance remediate device vulnerabilities and repatriate’s devices to full network citizenship. Its customers span across all verticals, including F1000 corporate data centers, education, healthcare, and critical infrastructure. Viakoo has delivered over 900 million hours of unmanaged and IoT device management, assurance, and cyber hygiene to some of the world’s largest and most distributed enterprises.
Source: https://gritdaily.com/viakoo-closes-10-mln-series-a-funding-round-to-make-iot-devices-more-secure/