GE Ventures
Mocana raises $11m new funding to defend IoT devices and industrial control systems
Mocana Corporation, a provider of mission-critical IoT security solutions for industrial control systems and the Internet of Things, announced that the company has received $11 million in additional investment from Sway Ventures, Shasta Ventures, Trident Capital Fund and GE Ventures.
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With money pouring in, are security and RoI concerns keeping IoT in the hype zone?
Valued at one trillion dollars, the global Internet of Things (IoT) market continues to garner keen interest from innovators, receiving a record $1.4 billion in venture capital in 2016. But barriers to its adoption in the enterprise seem to keep the sector in the hype zone,
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