The Raptor Group is a highly successful venture and private investment fund with a strong track record in technology, fintech, sports, consumer, media, entertainment, and healthcare. The Raptor Group led the series A funding round for SecEdge.
SEATTLE, November 2, 2023 - SecEdge™ a digital security leader for IoT and Edge devices, announced today it has secured its series A funding round led by Raptor Group, a highly successful venture and private investment fund with a strong track record in technology, fintech, sports, consumer, media, entertainment, and healthcare.
SecEdge was created as a spin-off of Privafy, Inc.’s IoT solutions business along with the acquisition of Sequitur Labs, Inc., a top ten IoT market player according to ABI Research.
The combination of Privafy’s industry-leading data-in-motion security solution with Sequitur’s award-winning EmSPARK™ Security Suite resolves critical issues in IoT deployments and provides a unique state-of-the-art digital security solution for Edge AI, Edge Compute, Edge Control, and on-demand cellular IoT data connectivity.
“With billions of smart devices coming online in the next few years, chip-to-cloud security has tremendous potential,” said Rob Broggi, partner at Raptor Group. “SecEdge is in a unique position to capitalize on the fast-growing IoT, Edge Compute, and Edge AI markets.”
Carved out Privafy Inc. IoT business and acquired Sequitur Labs Inc. combine to launch SecEdge. The new digital security company secures series A funding round led by the Raptor Group.
“We’re excited to be moving forward with an excellent partner in Raptor Group, and combine our portfolio with Sequitur Labs,” said Sami Nassar, president & co-CEO of SecEdge. “Our team of industry veterans in cybersecurity and semiconductors is set to resolve one of the key threats to IoT market growth: the complexity of deploying chip-to-cloud security.”
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Our team of industry veterans in cybersecurity and semiconductors is set to resolve one of the key threats to IoT market growth: the complexity of deploying chip-to-cloud security.
SecEdge is a digital security SaaS Platform leader for IoT and Edge devices, providing advanced security solutions for Edge AI, Compute, Control and on-demand cellular IoT data connectivity. The SecEdge software-as-a-service platform provides a complete solution including device-level security, zero-trust networking, and secure data control and management, with connectivity via broadband internet or on-demand cellular data available anywhere.
To learn more about SecEdge security solutions, visit www.secedge.com or send an Email.
Raptor Group sources and invests in companies across various stages and asset classes, ranging from early stage to both private and public equity to funds. Backed by the Family Office of Jim Pallotta, The Raptor Group focuses on various industries, including technology, fintech, sports, consumer, media, entertainment, and healthcare.
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