a year ago

qomodo Secures £1.3 Million for Advanced IoT Cybersecurity Solutions

  • qomodo, an IoT cybersecurity company founded by ex-BAE Systems and NATO cyber security experts, has raised £1.3 million in Pre-Seed funding led by Expeditions Fund

  • The company focuses on detecting and preventing threats at the host level within embedded systems, safeguarding critical infrastructure from cyberattacks

  • The funding will be used to enhance the company's platform-agnostic software agents and support its outreach in Europe and the US.

      • ProblemTechnology

      "The rapid adoption of IoT devices is creating huge security risks. Hackers are targeting IoT devices with malware, costing the UK £1 billion a year. These attacks are often launched by nation states and threaten critical infrastructure, leading to significant economic and national security consequences."

      Solution

      "qomodo provides an advanced IoT cybersecurity solution that uses machine learning to detect and prevent threats at the host level within embedded systems. Their software agents are designed to protect IoT devices from attacks without impacting performance."

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