Device Authority
Device Authority provides simple, innovative solutions to address the challenges of securing the Internet of Things (IoT). We help our customers simplify the process of establishing a robust, end-to-end security architecture within the IoT and deliver efficiencies at scale through security automation. IoT brings new security challenges introduced by the scale and pace of adoption, as well as the physical consequences of compromised security. These challenges cannot be effectively addressed by traditional Information Technology (IT) security solutions. The Device Authority IoT security platform is purpose-built to address these challenges through automated device provisioning, credential management, secure updates and policy-driven data encryption. The IoT promises countless efficiencies, increased competitiveness, improved customer service and even brand new market opportunities. However, deploying strong security is hard and always has been. Deploying strong IoT security is even harder. According to Gartner, by 2020, around 25% of all identified security breaches will involve IoT. To address this, Device Authority introduces a new paradigm of IoT Security Automation that accelerates and simplifies the deployment of strong IoT security. Advanced, policy driven security automation is critical for industrial, healthcare, transportation and other large scale security sensitive IoT environments. Our patented dynamic key technology provides the essential device-based trust anchor for IoT devices, enabling policy-driven provisioning, access control and data protection for mission-critical IoT applications and services. The dedicated IoT Security entity was launched in September 2014 when the Cryptosoft technology was spun out with backing from the current investors. In April 2016 Cryptosoft acquired DeviceAuthority Inc, and subsequently the changed its name to Device Authority Ltd, headquartered in the UK and with a technical development center based in San Ramon, CA.
Device Authority provides simple, innovative solutions to address the challenges of securing the Internet of Things (IoT). We help our customers simplify the process of establishing a robust, end-to-end security architecture within the IoT and deliver efficiencies at scale through security automation. IoT brings new security challenges introduced by the scale and pace of adoption, as well as the physical consequences of compromised security. These challenges cannot be effectively addressed by traditional Information Technology (IT) security solutions. The Device Authority IoT security platform is purpose-built to address these challenges through automated device provisioning, credential management, secure updates and policy-driven data encryption. The IoT promises countless efficiencies, increased competitiveness, improved customer service and even brand new market opportunities. However, deploying strong security is hard and always has been. Deploying strong IoT security is even harder. According to Gartner, by 2020, around 25% of all identified security breaches will involve IoT. To address this, Device Authority introduces a new paradigm of IoT Security Automation that accelerates and simplifies the deployment of strong IoT security. Advanced, policy driven security automation is critical for industrial, healthcare, transportation and other large scale security sensitive IoT environments. Our patented dynamic key technology provides the essential device-based trust anchor for IoT devices, enabling policy-driven provisioning, access control and data protection for mission-critical IoT applications and services. The dedicated IoT Security entity was launched in September 2014 when the Cryptosoft technology was spun out with backing from the current investors. In April 2016 Cryptosoft acquired DeviceAuthority Inc, and subsequently the changed its name to Device Authority Ltd, headquartered in the UK and with a technical development center based in San Ramon, CA.
Device Authority has raised $9.0M across 1 round. Its most recent round was a Series A of $9.0M in Feb 2024. Full funding history, investors, and team are detailed below.
Funding history
1 round on record.
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