SAM Seamless Network Raises $20M Series B Funding to Lead IoT Security for 5G Networks

SAM makes a speciality of defending networks and good gadgets for SMBs and customers by an revolutionary software program safety answer built-in into the community gateway. “Since we’re the fastest growing and most widely deployed solution in our space, we’ve been able to improve our behavioral and machine learning techniques to not only detect, but prevent attacks targeting smart devices,” mentioned Sivan Rauscher, CEO of SAM. “Combining our technology with 5G transformation will enable us to more effectively predict unknown attacks.” SAM additionally lately launched an API-based intelligence service that gives premium gadget fingerprinting and real-time safety for IoT gadgets that has garnered the eye of enterprises in new markets.

SAM will use this funding to drive innovation that brings enterprise-grade intelligence-based safety to 5G-connected gadgets. Its core expertise primarily based on gadget fingerprinting and IoT menace intelligence will leverage the Mobile Edge Computing (MEC) structure of 5G networks to function nearer to the top gadget. With elevated visibility and diminished latency of 5G connectivity, SAM will be capable to make safety choices sooner for good gadgets wherever they’re.

SAM’s expertise detects anomalies in gadget conduct throughout the community to determine threats and makes use of aggregated knowledge to make sure protected pathways for reputable visitors. Investing in new intelligence that comes with 5G visibility will allow SAM to foretell the subsequent widespread assault.  

SAM was based by CEO Sivan Rauscher, CTO Eilon Lotem, and Vice Chairman Shmuel Chafets who beforehand served as cyber specialists in elite items of the Israeli Defense Forces together with Unit 8200. Team8 Co-Founders Nadav Zafir, Israel Grimberg, and Liran Grinberg function SAM’s advisors. With workplaces in New York, Berlin and Tel Aviv, SAM is already quickly scaling its international workers to fulfill the wants of present and future clients throughout geographies.

“With an increase of at-home devices and with more people across the globe gravitating towards independent or remote work, SAM can be used as an enterprise-grade security solution for SMB and home networks,” mentioned Tammy Mahn, Managing Director of Verizon Ventures. “Verizon Ventures looks forward to supporting this seasoned team as they continue to keep consumer devices safe and stand as a leader in software-based cybersecurity.”

“With its powerful and intuitive AI technology, SAM Seamless Network addresses the unique challenges of our hyperconnected world where an explosion of IoT devices exposes potential attack surfaces for companies and consumers alike,” mentioned Anooj Shah, Senior Director, Investments and Strategy for Blackberry. “We are excited to build upon our existing partnership with SAM Seamless Network and support both their market expansion and their mission of delivering simpler network cybersecurity to protect offices and homes.”

About SAM Seamless Network
SAM Seamless Network is a cybersecurity firm that gives a unified, all-in one, device-agnostic software program answer to guard unmanaged networks and IoT gadgets. SAM was designed to review the conduct of a single community of fragmented gadgets. By utilizing its distinctive cloud-based gadget and menace intelligence, SAM identifies each linked gadget and creates custom-made safety for each consumer, residence or SMB, forming a bulletproof community. For extra info, please go to securingsam.com

About BlackBerry
BlackBerry (NYSE: BB; TSX: BB) supplies clever safety software program and providers to enterprises and governments all over the world. The firm secures greater than 500M endpoints together with 175M vehicles on the highway at this time. Based in Waterloo, Ontario, the corporate leverages AI and machine studying to ship revolutionary options within the areas of cybersecurity, security and knowledge privateness options, and is a frontrunner within the areas of endpoint safety, endpoint administration, encryption, and embedded techniques. BlackBerry’s imaginative and prescient is evident – to safe a linked future you possibly can belief.

BlackBerry. Intelligent Security. Everywhere.
For extra info, go to BlackBerry.com and comply with @BlackBerry. 

About Verizon Communications Inc.
Verizon Communications Inc. (NYSE,Nasdaq: VZ) was fashioned on June 30, 2000 and is among the world’s main suppliers of expertise, communications, info and leisure services and products. Headquartered in New York City and with a presence all over the world, Verizon generated revenues of $128.three billion in 2020. The firm presents knowledge, video and voice providers and options on its award-winning networks and platforms, delivering on clients’ demand for mobility, dependable community connectivity, safety and management.

About Blumberg Capital
Blumberg Capital is an early-stage enterprise capital agency that companions with passionate entrepreneurs to innovate and construct profitable expertise corporations. The agency makes a speciality of main Seed and Series A rounds collaborating with angel traders, different enterprise capital companies and strategic companions. The Blumberg Capital crew are lively traders and board members – working as an extension of the entrepreneurs’ community. Blumberg Capital is headquartered in San Francisco with crew members in Tel Aviv and New York. For extra info, please go to blumbergcapital.com.

About Intel Capital
Intel Capital invests in revolutionary startups focusing on synthetic intelligence, autonomous autos, datacenter and cloud, 5G, next-generation compute and a variety of different disruptive applied sciences. Since 1991, Intel Capital has invested US $12.three billion in 1,544 corporations worldwide, and greater than 660 portfolio corporations have gone public or participated in a merger. Intel Capital curates hundreds of enterprise improvement introductions every year between its portfolio corporations and the Global 2000. For extra info on what makes Intel Capital one of many world’s strongest enterprise capital companies, go to www.intelcapital.com.

About ADT
ADT is a number one supplier of safety, automation, and good residence options serving shopper and enterprise clients by greater than 300 areas, 9 owned and operated monitoring facilities, and the most important community of safety professionals in the United States. The firm presents some ways to assist shield clients by delivering lifestyle-driven options by way of professionally put in, do-it-yourself, cell, and digital-based choices for residential, small enterprise, and bigger business clients. For extra info, please go to www.adt.com or comply with us on Twitter, LinkedIn, Facebook, and Instagram.

About NightDragon Security
NightDragon Security is an funding agency targeted on partnering with cybersecurity corporations throughout the company lifecycle, from early stage, to progress, buyouts and particular conditions. Its versatile mannequin permits it to guide or co-invest alongside main enterprise capital and personal fairness companies within the pursuit of driving progress and maximizing shareholder worth. NightDragon is exclusive in offering deep operational experience in cybersecurity gained by its founders Dave DeWalt and Ken Gonzalez from years serving as senior executives main expertise corporations corresponding to Documentum, EMC, Siebel Systems (Oracle), McAfee, Mandiant, Avast and FireEye.

Photo – https://mma.prnewswire.com/media/1519334/SAM_Seamless_Network.jpg

Media Contact
SAM Seamless Network
Jennifer Cowen
Marketing Director
jennifer.cowen@securingsam.com

Table of Contents

Related Links

http://securingsam.com

SOURCE SAM Seamless Network

LEAVE A REPLY

Please enter your comment!
Please enter your name here