Nitin Chopra

Viakoo Raises $10 Million in Series A Funding to Scale Automated IoT Vulnerability Remediation

Posted by Jay Bartlett October 29, 2021 10:52 am Categories: Corporate News. Tags: Bud Broomhead, Nitin Chopra, viakoo.

Viakoo announced it has secured $10 million in Series A funding led by Shasta Ventures, joining existing investors Stanley Black & Decker, PivotNorth Capital, and BlueFog Capital. This latest round will be used to expand executive leadership, and investment in product development and go-to-market. The company is also launching its Viakoo Action Platform suite of cyber modules, which remediate and repatriate IoT devices, meeting the growing demand for enterprise IoT device management and vulnerability remediation at scale.

How An Innovative Control Room Can Help Secure The Budding Cannabis Market

It’s no secret that the cannabis industry is growing. Numerous states across the United States, from California to Maine, have legalized recreational cannabis, with 33 total states allowing cannabis for medicinal uses. And it’s not just the United States that’s seeing this trend: Canada’s official legalization of recreational cannabis took effect last October. This growth is leading to incredible opportunities in the industry, with the global market valued at $10.3 billion in 2018 and projected to reach $39.4 billion by 2023. This market opportunity expands far beyond the companies that directly deal with the cannabis plant, with numerous adjacent businesses on track to experience benefits.