Device Authority Raises $7M From Top Cybersecurity VC
Device Authority, a leading provider of Identity and Access
Management for Enterprise IoT ecosystems, secured $7M in Series A funding from
Ten Eleven Ventures, specializing in cybersecurity.
This investment follows Device Authority's recognition as Microsoft Global
Partner of the Year and the launch of its KeyScaler AI solution. With the
proliferation of IoT
devices and cyber threats, effective identity and access management is
crucial. Device Authority's KeyScaler-as-a-Service (KSaaS) platform offers
automated device identity security, enabling end-to-end device and data trust.
The Series A investment will fuel product expansion and North American growth.
Three new board members, including cybersecurity experts Timothy Eades and Dave
Palmer, join Device Authority. CEO Darron Antill expressed excitement about the
partnership, while Ten Eleven Ventures' Dave Palmer praised Device Authority's
approach to IoT device security, emphasizing their commitment to safer
products.
More Information : https://www.techdogs.com/tech-news/pr-newswire/device-authority-secures-7m-from-leading-global-cybersecurity-vc
Comments
Post a Comment