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Overview
Device Authority provides simple, innovative solutions to address the challenges of securing the Internet of Things (IoT). We help our customers simplify the process of establishing a robust, end-to-end security architecture within the IoT and deliver efficiencies at scale through security automation.
IoT brings new security challenges introduced by the scale and pace of adoption, as well as the physical consequences of compromised security. These challenges cannot be effectively addressed by traditional Information Technology (IT) security solutions. The Device Authority IoT security platform is purpose-built to address these challenges through automated device provisioning, credential management, secure updates and policy-driven data encryption.
The IoT promises countless efficiencies, increased competitiveness, improved customer service and even brand new market opportunities. However, deploying strong security is hard and always has been. Deploying strong IoT security is even harder. According to Gartner, by 2020, around 25% of all identified security breaches will involve IoT. To address this, Device Authority introduces a new paradigm of IoT Security Automation that accelerates and simplifies the deployment of strong IoT security.
Advanced, policy driven security automation is critical for industrial, healthcare, transportation and other large scale security sensitive IoT environments. Our patented dynamic key technology provides the essential device-based trust anchor for IoT devices, enabling policy-driven provisioning, access control and data protection for mission-critical IoT applications and services.
The dedicated IoT Security entity was launched in September 2014 when the Cryptosoft technology was spun out with backing from the current investors. In April 2016 Cryptosoft acquired DeviceAuthority Inc, and subsequently the changed its name to Device Authority Ltd, headquartered in the UK and with a technical development center based in San Ramon, CA.
About
Information Services, Information Technology, Network Security, Software, Cyber Security, Security, Internet of Things, Computer
2014
11-50
Headquarters locations
Europe
Social
N/A
Profile Resume
Device Authority headquartered in Europe, operates in the Information Services, Information Technology, Network Security, Software, Cyber Security, Security, Internet of Things, Computer sector. The company focuses on Information Services and has secured $2.3B in funding across 192 round(s). With a team of 11-50 employees, Device Authority is actively contributing to advancements in Information Services. Their latest funding round, Venture Round - Device Authority, raised $Unknown amount. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
6
2
0
$11.9M
Details
1
Device Authority has raised a total of $11.9M in funding over 1 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2024 | Early Stage Venture | 9.0M |
Investors
Device Authority is funded by 18 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
Tern | - | FUNDING ROUND - Tern | undefined |
William Crowell | - | FUNDING ROUND - William Crowell | undefined |
Stewart Alsop | - | FUNDING ROUND - Stewart Alsop | undefined |
Device Authority | - | FUNDING ROUND - Device Authority | undefined |
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