Cybeats secures $3M investment for IoT security, lifecycle management – FutureIoT
The Ontario-based company which provides security and lifecycle management for Internet of Things (IoT) devices was founded in 2016. Its technologies allow devices to detect threats instantly and gather data to neutralize threats and monitor for new ones.
The seed round announced this month was led by early-stage venture capital fund Ripple Ventures, with investment from real estate technology venture capital fund GreenSoil Building Innovation Fund, and participation from MaRS IAF, MLA48, ScaleX and inovia capital.