Vdoo, a Tel Aviv, Israel-based leader in product security for embedded software, extended its Series B funding to $57M.
The additional round – increased the total capital raised by Vdoo to $70M – was led by Qumra Capital, Verizon Ventures, which joined existing investors 83North, GGV Capital, WRVI Capital, Dell Technologies Capital, NTT DOCOMO Ventures, MS&AD Ventures, and prominent private investors in the extension round.
The company intends to use the funds to expand its offering to the telco and smart utility space.
Led by Netanel Davidi, Co-Founder and CEO, Vdoo delivers an automated product security platform for device manufacturers and deployers. Its system performs a complete security assessment in minutes, providing a comprehensive report identifying zero-day vulnerabilities, CVEs, configuration and hardening issues, standard incompliances, and other security exposures with suggested prioritization and remediation mechanisms.
Vdoo is a global company with offices in the U.S., Germany, Israel and Japan.