Verizon Ventures led the Series B extension. The number of connected IoT devices is rapidly growing, creating greater opportunities for security breaches, said Boaz Dinte, Managing Partner of Qumra Capital that led the round. Vdoo s unique device-centric, deep technology automated approach has already brought immediate value to vendors in a very short period of time. We believe the market opportunity is huge, and with newly infused growth capital, Vdoo is well-positioned to become the leading global player for securing connected devices.
Almost doubled the round
Vdoo delivers the industry’s leading automated product security platform for device manufacturers. The company s platform performs a complete security assessment in minutes, providing a comprehensive report identifying zero-day vulnerabilities, CVEs, configuration and hardening issues, standard incompliances, and other security exposures with suggested prioritization and remediation mechanisms.
Vdoo raises $25M more to develop its AI-based security for IoT and connected devices yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.