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Device Authority Raises $7m From Top Cybersecurity Vc

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By Author: Ben Gross
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Device Authority, a leading provider of Identity and Access Management for Enterprise IoT ecosystems, secured $7M in Series A funding from Ten Eleven Ventures, specializing in cybersecurity. This investment follows Device Authority's recognition as Microsoft Global Partner of the Year and the launch of its KeyScaler AI solution. With the proliferation of IoT devices and cyber threats, effective identity and access management is crucial. Device Authority's KeyScaler-as-a-Service (KSaaS) platform offers automated device identity security, enabling end-to-end device and data trust. The Series A investment will fuel product expansion and North American growth. Three new board members, including cybersecurity experts Timothy Eades and Dave Palmer, join Device Authority. CEO Darron Antill expressed excitement about the partnership, while Ten Eleven Ventures' Dave Palmer praised Device Authority's approach to IoT device security, emphasizing their commitment to safer products.

More Information : https://www.techdogs.com/tech-news/pr-newswire/device-authority-secures-7m-from-leading-global-cybersecurity-vc

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