Optio Labs, a Nashville, TN and Washington DC-based developer of security and productivity technologies for mobile and embedded systems, closed a $10m Series A funding round.
Backers included Optio Labs’ parent company, Allied Minds Inc., as well as several private investors.
The company intends to use the funds to expand engineering capacity and accelerate the development of additional solutions for commercial and embedded systems markets.
Founded in 2012 and led by Matt Hartley, General Manager, Optio Labs develops mobile security software solutions for federal agencies, commercial enterprises, and device manufacturers. Its flagship product, OptioCore, meets U.S. Federal government mobile security policies.