Firedome completes US$10mn Series A funding to expand real-time endpoint security to new IoT device verticals

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Firedome completes US$10mn Series A funding to expand real-time endpoint se

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Firedome , providers of an endpoint cybersecurity solution designed to allow IoT device manufacturers to proactively prevent, detect, and respond in real-time to vulnerabilities in connected devices, has announced the closing of a US$10 million (€8.9 million) Series A funding round.
The funding will allow Firedome to continue expanding its solutions and sales efforts to address additional Internet of Things (IoT) device verticals, such as industrial IoT and enterprise IoT connected devices.
IoT manufacturers that rely solely on security by design, and securing the surrounding environment, remain vulnerable to a wide range of cyberattacks on the device itself.
Firedome offers a real-time, endpoint cybersecurity solution for IoT companies, broad in its detection abilities, interoperable across multiple operating systems, and scalable to millions of devices.
Firedome provides a multi-layered holistic security platform, including a lightweight agent backed by machine learning and a dedicated 24/7 security operations centre, that detects, prevents and responds to attacks on IoT devices, thereby eliminating security breaches, decreasing operational costs, and reducing emergency firmware upgrades.
The company’s initial focus was Smart Home devices, but following demand from home IoT manufacturers that also serve other IoT verticals and the closing of related strategic partnerships with major device manufacturers, the company is excited to formally expand its offering.
Moti Shkolnik, Firedome’s co-founder and CEO, adds: “We were pleased to find out that IoT device companies, across industries, are not willing to compromise the security of their products and are aware of the vulnerabilities that cannot be fully eliminated by static security by design processes

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