Vdoo raises $25M more to develop its AI-based security for IoT and connected devices – TechCrunch
Verizon’s interest in Vdoo is strategic and speaks to the opportunity in the market. “They sell connected devices to enterprises and home users that are not made by them, yet the carriers are responsible for the security,” he said, “so the solution is to bake that into devices” to make it work more seamlessly, he said. Connected-device security typically focuses on monitoring activity on the hardware, how data is moving in and out of it. “The number of connected IoT devices is rapidly growing, creating greater opportunities for security breaches,” said Boaz Dinte, managing partner of Qumra Capital, in a statement. “Vdoo’s unique device-centric, deep technology automated approach has already brought immediate value to vendors in a very short period of time.