Tech Company Financing Transactions
Device Authority Funding Round
Device Authority, based in Reading, secured $7 million in funding from Ten Eleven Ventures.
Transaction Overview
Company Name
Announced On
2/7/2024
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Series A
Investors
Ten Eleven Ventures (Dave Palmer)
Proceeds Purpose
The Series A investment enables Device Authority to continue to grow its product offerings and will allow the company to continue to expand its North American presence.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
Level 2, Thames Tower Station Road
Reading, RG1 1LX
UK
Reading, RG1 1LX
UK
Phone
Undisclosed
Website
Email Address
Overview
Device Authority is focused on securing connected device ecosystems and is recognized as the global leader in Device Identity Lifecycle Management and Identity and Access Management (IAM) for the Internet of Things (IoT). The KeyScaler® platform provides an end-to-end device identity management solution that establishes complete device and data trust in any connected environment.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
Our team works diligently to report on tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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