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Cisco acquires French IoT startup Sentryo

June 12, 2019 / Eden Estopace

Networking giant Cisco is acquiring France-based internet of things (IoT) startup Sentryo for an undisclosed amount.Sentryo, which develops and provides cybersecurity and situation awareness solutions to industrial networks and the internet of things, was founded in 2014 and headquartered in Lyon, France.It has raised a total of €12 million in funding over three rounds, according to data from Crunchbase. Their latest funding was raised on December 3, 2018 from a Series A round amounting to €10 million.Its leaders said at the time of the funding that new financing will allow Sentryo to accelerate its expansion in Europe and North America