VDOO Raises $32M Series B
VDOO , a pioneer in security automation for embedded devices, has announced it raised $32m in Series B funding led by venture capital firms WRVI Capital and GGV Capital, with participation from NTT DOCOMO Ventures and MS&AD Ventures ; to name two.
Established in 2017, VDOO’s automation platform enables IoT manufacturers to implement only device-specific security requirements which include step by step guidance to help the vendor mitigate the security threats in a cost-effective manner. The security requirements are integrated into common task management and development environments. On top of that, VDOO technology improves the device’s security even more by automatically generating tailor-made on-device micro-agents for active real-time protection against known and unknown threats, including exploits that utilize advanced methods.
“At a time when embedded devices already deployed in the field not only collect data but actually control our physical environment, affecting both business operations and our personal lives, it’s hard to imagine a future where all of these devices can be exploited. The reality is that devices are highly vulnerable and there is a reasonable chance they will be under a massive attack in the near future. Our vision is to make them more secure as we continue to build an automated security platform that meets the demands of an increasingly connected world. Corporations, standardization bodies, regulators and cyber insurers all understand that it’s time for a change and that security for the connected environment is essential. The funding will enable us to accelerate market education by working closely with these bodies to make a significant change in approach to embedded devices security.” – Co-CEO and cofounder of VDOO Netanel Davidi.