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Venture Capital News: NetRise Receives $8M

AUSTIN, TX, NetRise, the company providing visibility into the world's XIoT security problem, announced today $8 million in funding.
The round was led by Squadra Ventures, with participation by existing major investors Miramar Digital Ventures, Sorenson Ventures and DNX Ventures.

NetRise was built by defensive cyber experts bred across the private sector, intelligence community and U.S. federal government to solve the firmware security problem. The company is currently partnering with companies across manufacturing, automotive, medical devices, industrial control systems, satellites and many more.
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