The round was led by Energize Ventures and with participation from Schneider Electric Ventures and Merlin Ventures.
The company intends to use the funds to grow its product, engineering, sales, and marketing organizations, as well as add additional product security experts.
Led by Matt Wyckhouse, CEO and founder, Finite State provides connected device security to protect the devices and embedded systems by illuminating the vulnerabilities and threats within their complex software supply chain.
FinSMEs
Finite State Raises $30 Million in Series B Funding
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Finite State lands $30M Series B to help uncover security flaws in device firmware – TechCrunch
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Finite State Raises $30M Series B to Secure the Connected Device Supply Chain for Critical Infrastructure and Energy – Consumer Electronics Net
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