Securithings Raises $14 Million For IoT / IP Camera Cybersecurity

By Zach Segal, Published Feb 25, 2021, 09:24am EST

SecuriThings has raised $14 million, aiming to deliver a platform for securing and managing IoT devices, such as IP cameras. But how likely are they to be successful and what are they competing against?

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Inside this report

  • A 30-minute video from SecuriThings including IPVM Q&A
  • Background on the company
  • $14 million funding round
  • SecuriThings Horizon offering
  • Competition and Outlook

Executive *******

************ ** ** ******* start-up **** ***** * SaaS *** ********** ******** that **** *** ******** IoT ******* *** ***** threats *** ******, ********* password ******** *** ******** updates, *** ******** *******/***********. They ********** $** ********* ****** ***** ***** and ********* ******, *** are ******** * ****** that *** ***** **** large *** *** ****-********* competition.

************

*** ***** ***** ** the **************** ************ **** the *** **** *****-*** show, ********* *&*:

SecuriThings ******* ********

IPVM Image************** * ~** ****** Israeli *****-** ******* ** “Bringing ** ********* ** the *** *****” **** “dozens” ** ********* *** some ***** ************ ********. SecuriThings **** **** ***** solution,*******, ** ******** ** help ****** *** ********* and ****** ** *** devices, **** ** ******* and ****** ******* *******, as **** ** ******* their *************. **** *** they **** **** ** and ************* *********** ***** is ***** ******* *******, but **** ******** ** health ********** *** ********** features ***** ****** * need ** *** ******.

** ********* ******* **** IoT ************* *** ******* discovered * ***** ******* our ********* **** ****** that ** *** *** solving. ***** *** “******” teams ****** ***** ************* responsible *** ******** **** of ***** ***** ********, including ******** ******* *** online, ****** ******, ********* upgrades, ***. — *** they *** ***********. **** our **** ********** ** cybersecurity, ** **** **** to ******* ****** *** platform ** **** ***** full ***** ** *********** challenges. *** ****** ******** has **** **********.

************ **** **** ***** 30 ****** **** ** mostly *********, *** **** they *** ******** ** doubling ** **** **** year, **** * ***** on ***** *** *********.************ ***** **************** * **** **** of ******** ********* *****************, ****, **********, *****, Hanwha, *********, *******, ******* Controls, *********, *** *********. They **** **** **** are **** ** ********** with *** ******** ******* for ****** *********** *** have ****** ********* **** some ******** **** ******.

Revenue *** *********

************ **** **** **** have ****** ** ********* of ******* ***** *** in ********* **********. ************ declined ** ******* ** their ******* **** ****. However, ** ******** ** to ** *** ****** digit ********, ***** *** small ******** ****, **** with **** ** **** being ****** ***********.

*******

****************** * $** ************* * *** *******, ** **** *** next ***** ** ******:

*** *** ********* **** fuel *** **** ***** in ************’ ******, ********* expanding *** **** *** broad ************* ** *** IoTOps ********, *** ******** out *** ****** ***** and ********* **********.

************ **** **** *** funding ***** **** ***** them ** ****** ** size *** ****** ***** business.

*******

********* ***********’* *** ******** that ********* ******** *** password *******, **** ****** and ***** ********-**********, ******** failure, *** ************ *********** over ********* *** *******. SecuriThings **** **** **** started **** * ***** Security ***** *** ******* devices ** *** **** for *******, **** ******* and ***** ***** *******. This **** **** ********** is **** *** ****** health *** ******* ******** failure **********:

************ ******* ******* *** normalizes **** (*.*. ***, RAM, *******, ****, **, connections, ***.) **** *** environments (********** *******, **** devices, ************** / ** components). *** ******** **** uses ******** ******* ******** capabilities ** ***** * unique ******* *** **** system ******. ********** *** then ******** ** ******* failures, ******** ****** ** well ** ********* ** possible ***********.

**** **** **** **** also **** ****** *** device ****** ** *** network *****, ******** ***** to ************* ******* ****** and ******* ********. ************ says **** **** ***** a ******'* ******** ** well ** ******* ** to ******** *********, ******** them ** ******* ****** and ******** **** ***-*** for **** *******:

** ********, *** ****** is ******** **** * baseline ** ********* **** issues ******* ********** ** it *** ******* ***** from *** ***. ***** on ******** **** ********* and ************* ** ***** resolution, ** **** *** predictions ** ** ****** accurate.

**** ***** **** ********* can **** ******** ** incorrect ***** ** ********* software ** **** ** help ******* ********. ************ told **** ********* ******** updates *********** ******** ******, ******* security *** ****** **********.

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*********

************ **** **** **** currently **** * ******* interface, *** ******* ** mobile, *** *** ********* with ******* *****-***** ****. SecuriThings **** **** **** can **** **** ****-**** alerts ******* ***** ** IT ********* ****** *** plan ** ****** * mobile ***:

*** ****** *** ******* send ****-**** ****** *** email, *** ****** ********** platforms *** ***** ****** apps.* ****** ******** ** on *** *******, ***** we *** ** *** process ** ******* **** customers ** ****** ********** their ************ ** ** comes ** ****** ***, mobile *********. ** **** to **** **** **** it **** **** *** customers *** ***** *****.

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Sales *** *******

************, ***** * *** device **** ****** *******, said **** *** ******* on *** *.*. ****** but **** ** ********* to **** *******. **** work ******* ******* ******** as **** ** ******-**-********* for ***** ***********. ************ said **** *** ******* on ************ **** ******* partners *** *** **** to ******* ******* ******. SecuriThings ***** *** ***** pricing, *** **** ******* deployments *** ** *** 4-7 ******* ***-**** ********* on **** *** ** their ************ *********:

*** *****-****** ********** **** as * ********* ********** can ** ** *** 10’s ** ********* ** dollars … ******** ***** have ******* ********* ** devices ** *** ******** maybe ****** ***,*** ******* per * **** … 10s ** ********* ** devices *** **** **** it **** ** ****** several ******** ** ********* of ******* *** ****.

***********

***** ************ *** **** atypical ********,*************,******, ************** ***** ******/****** ****** monitoring ** * ***** price. ************ *** *********** and *** ****** ******* small. ** ********, **** VMSes **** ***** *** health **********, ****** ********* with ***** ******** **** SecuriThings ******.

********* ************ ***************, ** least ** *****, *** compatibility **** ***-******** ******** devices, ********* ******** *******, network-wide *****, ************* **********, and ******* **********.

*******

************ ** ******** * niche ***** ***** ******** heretofore **** ********* **** small *********. ************, **** more *******, * ****** team, *** *********** ****** capabilities, ***** **** * chance ** **** *** it ******* ** ** seen *** *** **** can ******.

Comments (1)

#*********

* **** **** ********* them * *** * little ***, ***'* **** to *** *** ****** pan *** *** ****. Most ****** *** ****** Mossad ***** ***** **** out **** **** *******. Its **** **** * monitoring ****, **** * deeper ****.

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