Device Authority Announces £2.5 Million in Funding to Accelerate Global Growth
October 2016 by Emmanuelle Lamandé
Device Authority has announced a £2.5 million funding round led by Tern PLC and Alsop Louie Partners.
The funding will be used to expand the company’s sales and marketing teams to
respond to their new and growing Go to Market partnerships and the increased demand in
the Industrial and Healthcare IoT markets. In addition, the company will expand its
development team to accelerate product development and innovation in its recently
launched KeyScaler IoT security platform.
The Device Authority KeyScaler Platform brings together a product that
combines secure device onboarding and provisioning with policy-driven crypto and
credential management to deliver comprehensive IoT security automation at scale.