IoT remediation startup Viakoo has secured $10 million in Series A funding led by Shasta Ventures, joining existing investors Stanley Black & Decker, PivotNorth Capital, and Blue Fog Capital. According to the company, 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.
This latest funding round allows the company to put additional development resources behind its Viakoo Action Platform, which delivers remediation and repatriation of IoT devices, enabling them to join or rejoin as a full network citizen replete with an audit trail for governance and compliance.
Coupling hundreds or even thousands of devices at a scale, Viakoo automatically discovers, monitors, and updates device firmware, passwords, and network certificates for unlimited devices across an enterprise to keep them operational, reliable and secure. The platform is agentless to work across multi-vendor environments to deliver the real-time view of every IoT device.