Security startup Mocana announced the close of $11 million in financing. Four investors contributed to the round: Sway Ventures, Shasta Ventures, Trident Capital, and GE Ventures.
Mocana is a security software company focused on enabling next generation networks and services all the way to edge devices. Mocana’s industry-leading infrastructure software solutions aim to ensure that wired and wireless devices, networks, and services perform and scale with the utmost security. The company serves hundreds of industrial manufacturing and IoT companies, and its software protects more than 100 million IoT and industrial control devices.
According to the company, the funds will be used to accelerate innovation and drive growth.