iVerify, a NYC-based company which specializes in advanced mobile EDR solutions, raised $12M in Series A funding.
The round, which brought the total amount to $16M, was led by Shine Capital with participation from Exponential Founders Capital, Mischief Ventures, Box Group, Parameter Ventures, Talons Ventures, and Trail of Bits. Additionally, Alex Hartz, Partner at Shine Capital, will join iVerify’s board of directors.
The company intends to use the funds to scale its go-to-market operations and bring mobile EDR – including automated response and remediation capabilities – to the Fortune 100.
iVerify provides a mobile security platform that combines threat detection and mobile forensics with automated response and remediation. In less than 12 months, the company launched a pair of products for enterprise customers, along with an innovative new Vulnerability Management capability for the Android market. Earlier this month, iVerify released new features to protect against smishing and access to company data by compromised devices, including:
- iVerify EDR, which allows security teams to monitor the health of devices accessing corporate systems and databases using the iVerify dashboard or through API integrations with your SIEM or SOAR. No MDM required.
- iVerify Elite, its advanced level of protection with all the capabilities of iVerify EDR plus its proprietary threat hunting.
FinSMEs
26/06/2024