NetRise raises $8 million to advance XIoT security technology

NetRise announced $8 million in funding, led by Squadra Ventures, with participation by existing major investors Miramar Digital Ventures, Sorenson Ventures and DNX Ventures. NetRise has developed a cloud-based SaaS platform that analyzes and continuously monitors the firmware of Extended Internet of Things (XIoT) devices. Leading the market as a software supply chain detection & response platform, NetRise enables device manufacturers and enterprise customers to detect, respond to, and prevent threats throughout their supply chains. … More

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