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Shottracker Secures $11m Financing Led by Evertz Technologies and Verizon Ventures

Posted January 14th, 2021 for Wizard World
Funding will support accelerated product deployment across NCAA basketball conferences, expand remote live sports production in the cloud with 5G enabled tech for venues, clubs, leagues, and sports rights holders
KANSAS CITY, Mo., January 14, 2021 - /PressReleasePoint/ - DDSports Inc. (ShotTracker), a revolutionary sports technology that captures rich performance data via sensors and provides statistics and analytics with sub-second latency, today announced an $11M USD funding round led by Evertz Technologies Limited (“Evertz”) and Verizon Ventures. ShotTracker will use the funds to accelerate its deployment across NCAA Division I Power 6 Basketball Conferences, expand hiring, further key partnerships and enhance sensor capabilities and data capture for players, coaches, fans and broadcasters. ....

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Vdoo raises $25M more to develop its AI-based security for IoT and connected devices – TechCrunch

Vdoo raises $25M more to develop its AI-based security for IoT and connected devices
It’s estimated that there were some 50 billion connected devices globally in 2020, and while that really says a lot about how far we’ve come in tech, for many it also speaks to a big issue: security vulnerabilities, with the devices themselves, plus all the components and services running on them, all potential targets for anything from malicious hackers to not-so-intentional data leaks.
Today, Israeli startup Vdoo which has been developing AI-based services to detect and fix those kinds of vulnerabilities in IoT devices is announcing $25 million in funding, money that it plans to use to help it better address the wider issue as it applies to ....

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Israeli IoT security co Vdoo raises $25m

Israeli IoT security co Vdoo raises $25m
The Tel Aviv-based company s automated product security platform for device manufacturers and deployers performs a complete security assessment in minutes.
Israeli automated security platform for IoT and embedded software developer Vdoo today announced that it has extended its Series B financing round by raising an additional $25 million led by Qumra Capital, Verizon Ventures, and others. This brings to $57 million the amount raised in the Series B round and to $70 million the amount raised since the company was founded. The Tel Aviv-based company was founded by CEO Netanel Davidi, president Uri Alter and CTO Asaf Karas. ....

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IoT Security Firm Vdoo Expands Series B Funding to $57 Million

Israeli IoT security start-up
Vdoo announced on Wednesday that it has extended its Series B funding round to $57 million, bringing the total amount raised by the company to $70 million. The company previously announced its Series B round in April 2019 marked at $32 million.
The company’s solutions are designed to help manufacturers of IoT devices identify and mitigate security risks. Its technology leverages machine learning to automatically create a security profile for a device, conduct penetration testing, and perform a security gap analysis.
Vdoo explains that its 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.” ....

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Vdoo raises $25M more to develop its AI-based security for IoT and connected devices

Vdoo raises $25M more to develop its AI-based security for IoT and connected devices
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