VDOO raises $32 million to secure embedded devices and the IoT

VDOO Connected Trust, a pioneer in security automation for embedded devices, announced it raised $32 million in Series B funding led by venture capital firms WRVI Capital and GGV Capital, with participation from NTT DOCOMO, which joined the round based on earlier successful cooperation, MS&AD Ventures, an affiliate of a global cyber insurance firm, and strategic individual investor Mr. Avigdor Willenz, Founder of Galileo Technologies and Annapurna Lab. 83North, Dell Technology Capital and David Strohm, who led the company’s initial financing, also participated in the B round. The funding will enable VDOO to increase market adoption of its IoT security platform while also expanding its technical capabilities, as the company sets its sight on becoming the industry’s first end-to-end security solution for embedded devices of any type. This round brings the company’s total funding to $45M.