Lardinois Tech, a French startup that develops security solutions for Internet of Things (IoT) devices, has closed a $20 million Series A funding round. The round was led by Idinvest Partners, with participation from existing investors, including 360 Capital Partners and ISAI.
The funding will be used to expand the company’s product offering and expand its customer base. Lardinois Tech provides a platform that helps secure IoT devices from cyberattacks. Its technology is designed to protect connected devices from malicious actors, as well as unauthorized access.
The company says its platform is used by a variety of organizations, including companies in the healthcare, automotive, and industrial automation sectors. It also serves governments, universities, and research organizations.
In addition to its security solutions, Lardinois Tech also provides consulting services to help customers design secure systems. It also offers a managed security service that monitors customers’ systems for potential threats.
Lardinois Tech was founded in 2016 by CEO Olivier Lardinois and CTO Olivier De La Court. The company is based in Paris, with offices in London, Munich, and San Francisco.
The startup has raised a total of $26 million to date, including a $6 million seed round in 2018. It plans to use the new funds to further expand its customer base and develop new security solutions.
“The world is becoming increasingly connected, and with that comes a greater risk of cyberattacks,” said Lardinois. “We are proud to be providing the necessary security solutions to protect our customers’ connected devices and data. This new funding will allow us to continue to build on our success and make sure that our solutions are as secure as possible.”
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FAQ
Q. What is Lardinois Tech?
A. Lardinois Tech is a French startup that develops security solutions for Internet of Things (IoT) devices. It provides a platform that helps secure IoT devices from cyberattacks, and also offers consulting services and a managed security service to monitor customers’ systems for potential threats.
Q. What type of organizations use Lardinois Tech’s security solutions?
A. Lardinois Tech’s security solutions are used by a variety of organizations, including companies in the healthcare, automotive, and industrial automation sectors. It also serves governments, universities, and research organizations.
Q. How much funding has Lardinois Tech raised?
A. Lardinois Tech has raised a total of $26 million to date, including a $20 million Series A funding round led by Idinvest Partners. The company plans to use the new funds to further expand its customer base and develop new security solutions.
Q. Where is Lardinois Tech based?
A. Lardinois Tech is based in Paris, with offices in London, Munich, and San Francisco.
Conclusion
In conclusion, Lardinois Tech is a French startup that provides security solutions for Internet of Things (IoT) devices. It has recently raised a $20 million Series A funding round to expand its product offering, customer base, and develop new security solutions. The company serves a variety of organizations, including companies in the healthcare, automotive, and industrial automation sectors, as well as governments, universities, and research organizations. With the new funding, Lardinois Tech is well-positioned to continue providing secure solutions for IoT devices.
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