Device Authority Limited Secures $3.3 Million in Funding to Advance IoT Security Solutions

Device Authority Limited is thrilled to announce a successful funding round that has raised $3.3 million to further enhance its innovative solutions in Identity and Access Management (IAM) for the Internet of Things (IoT) and Blockchain. As a global leader in this critical domain, Device Authority strives to provide unparalleled security across the rapidly expanding IoT landscape. Our flagship KeyScaler™ platform is designed to create trust among IoT devices, overcoming the severe security challenges posed by an increasingly connected world. The recent funding will be instrumental in advancing our groundbreaking technologies, particularly our Dynamic Device Key Generation (DDKG) and PKI Signature+ strategies, which simplify device provisioning, authentication, and credential management while ensuring policy-based end-to-end encryption and data security. With operational bases in Fremont, California, and Reading, UK, we proudly collaborate with a prestigious network of IoT ecosystem leaders, including AWS, Dell, Microsoft, and Thales, to deliver innovative security solutions. This funding not only enhances our technological capabilities but also reinforces our commitment to creating a secure IoT environment, ultimately supporting our partners and customers in achieving robust security for their devices and data. As we progress into this next chapter, we invite you to stay updated on our developments by visiting our website at www.deviceauthority.com, following us on Twitter at @DeviceAuthority, and subscribing to our BrightTALK channel for the latest insights. Together, we are paving the way for a safer, more connected future.