Phosphorus Cybersecurity raises $38 million to secure IoT devices
Today, Nashville, Tennessee-based internet of things (IoT) security startup, Phosphorus Cybersecurity, announced it had closed a $38 million series A funding round led by SYN Ventures and MassMutual Ventures. The organization intends to use the funding to enhance its Security of Things solution set, acquire new engineering talent, and enhance the user experience.
Phosphorus Cybersecurity’s flagship solution, Phosphorous Enterprise, provides users with a complete inventory of IoT devices throughout their environment, displaying the IP address, manufacture, model, and firmware so they have more transparency over the security posture of IoT devices.