Viakoo Raises $10 Million in Series A Funding to Scale Automated IoT Vulnerability Remediation
Viakoo, a provider of IoT device remediation, announced it has secured $10 million in Series A funding led by Shasta Ventures, joining existing investors Stanley Black & Decker, PivotNorth Capital, and BlueFog Capital. This latest round will be used to expand executive leadership, and investment in product development and go-to-market. The company is also launching its Viakoo Action Platform suite of cyber modules, which remediate and repatriate IoT devices, meeting the growing demand for enterprise IoT device management and vulnerability remediation at scale.
"With support from our investors, Viakoo is entering its next chapter of growth to achieve its vision of helping customers defend their IoT attack surfaces across the enterprise," said Bud Broomhead, CEO, Viakoo. "We’ve already gained significant traction with large-scale customers, including cities, healthcare, education, and large data centers. With our latest investment, we are now in an excellent position to extend our leadership in IoT device vulnerability remediation.”