Monday, December 23, 2024
Technology News
Trusted, Accurate, and Validated
Home / Business  / Minim Raises $2.5 Million to Secure the Internet of Things

Minim Raises $2.5 Million to Secure the Internet of Things

Minim Raises .5 Million to Secure the Internet of Things
Credit: minim.co

IoT platform Minim, whose technology protects connected devices and assures fast WiFi in homes, closed a $2.5 million seed round led by Flybridge Capital Partners and Founder Collective.

Minim was established last year by Jeremy Hitchcock, former co-founder and CEO of Dyn (ACQ: Oracle), in response to the massive Mirai DDoS attack that took down Dyn and several other major Internet services in 2016.  Minim’s core technology automatically fingerprints connected devices on home networks and dynamically develops a behavioral model of communications, enabling real-time performance optimization and security threat detection. The company is piloting solutions with ISPs and channel partners.

With this funding announcement, Minim is officially launching its connected home management and security solutions, which now include a mobile app for consumers (available in the iTunes Store and Google Play Store), the Minim Care Portal for ISPs, and the Minim router agent.